LATEST NEWS
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US private equity firm CD&R to acquire UK supermarket Morrisons for US$9.5B
UK – U.S private equity firm Clayton, Dubilier & Rice (CD&R) is set to take control of Britain’s fourth-biggest supermarket group Morrisons after winning the auction for…
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Alcohol shortage looms in India’s Delhi state as private liquor stores shut down
INDIA – India’s national capital Delhi is facing a possible shortage of alcohol supply shortage after the 260 privately-run liquor shops closed down on September 30.…
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Coca-Cola scores highest on sustainable packaging in 2021 Corporate Plastic Pollution Scorecard
USA – US multinational beverage giant Coca-Cola has emerged as the consumer-packaged goods company with the most sustainable packaging portfolio in the 2021 Corporate Plastic Pollution…
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Jason Buechel to succeed John Mackey as CEO of Whole Foods
USA — Amazon-owned grocer Whole Foods has named Jason Buechel, currently, the company’s chief operating officer, as its incoming CEO, taking over from John Mackey…
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Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has gone full circle, bouncing back from a loss in the previous financial year to post a…