WORLD NEWS
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Mondelēz reports US$9.97B Q3 revenue, agrees to acquire Undercover snacks
The acquisition will expand Mondelēz’s better-for-you snack portfolio as the company reports higher adjusted earnings and maintains its 2026 financial outlook.
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Varun Beverages to invest US$221.1M in Maharashtra beverage, snacks plant
The 125-acre facility will produce soft drinks, packaged water, dairy products and snacks, with planned annual capacity of 50 million cases of carbonated beverages.
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Bacardi signs new US distribution agreements
The revised network will cover 47 US markets, with Reyes taking responsibility for 11 states and Southern Glazer’s continuing as the spirits group’s largest distributor by volume.
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Starbucks sees annual profit above estimates as turnaround gains traction
The coffee chain reported strong US same-store sales and higher net income, but lower-than-expected revenue and a projected 2027 decline reflect the transition of its China business.
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Varun Beverages Q3 net profit rises 13.5%
The PepsiCo bottler also announced an interim dividend as it expanded its operations through acquisitions and distribution agreements in India, Kenya, Zimbabwe and South Africa.