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LATEST NEWS
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KEBS seeks court order for Kwale International Sugar Company to deposit US$1.04M amid controversy
KEBS has asked the High Court to compel Kwale International Sugar Company to deposit Kes 135 million as security for costs.
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Belgium opposes EU plan to label wines under six percent alcohol as “Low Alcohol”
Belgium argues the proposed EU wine labelling rule could mislead consumers and normalize alcohol consumption among vulnerable groups.
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UK to ban sale of high-caffeine energy drinks to under-16s in public health move
The UK government plans to restrict the sale of energy drinks to minors, citing health concerns and growing public pressure.
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Constellation Brands lowers earnings forecast amid decline in beer sales
The Modelo brewer projects falling beer sales and profit as volatile consumer demand weighs on high-end purchases.
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Elliott Management pushes for PepsiCo overhaul after US$4B stake purchase
Elliott calls for strategic changes at PepsiCo, citing underperformance in beverages and a need to revive growth momentum.