WORLD NEWS
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Middle East disruptions reduces air freight capacity by 50%, Shippers turn to US routes
As shippers explore alternative hubs such as Los Angeles, traditional Middle East gateways may experience permanent shifts in volume.
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DP World joins MACS initiative to cut maritime plastic waste across global ports
Plastic waste in shipping lanes poses risks to vessel operations and coastal ecosystems, where fresh produce is often loaded and unloaded.
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Treasury Wine Estates shares surge 17% after recovery plan, regional restructuring strategy
Treasury Wine Estates unveils restructuring plan and debt rescheduling, boosting investor confidence as shares jump 17% amid strong Penfolds demand in China and key global markets.
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Kraft Heinz expands kids’ beverage portfolio with Capri Sun Hydrate electrolyte drink
Capri Sun enters the kids hydration segment with a lower-sugar electrolyte drink, targeting growing demand for functional, child-friendly beverages ahead of the summer season.
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Associated British Foods to demerge Primark by 2027 as half-year earnings fall on sugar weakness
ABF plans Primark demerger by 2027 while reporting lower earnings, with sugar business losses and weak US demand weighing on first-half performance.