WORLD NEWS
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Bill Gates snaps up 3.7% stake in Dutch brewing giant Heineken for US$939m
NETHERLANDS – Billionaire entrepreneur and Microsoft co-founder, Bill Gates, has purchased a 3.7% stake (10.8 million shares) worth about US$939.87 million in the Dutch brewing…
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UK faces acute shortage of some fruits and vegetables, supermarkets limit quantity purchase
UK – Alarming shortage in some fruits and vegetables, notably tomatoes, has hit UK’s supermarket shelves, resulting in some of the leading chains imposing purchase…
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AB InBev confirms closure of Platform Beer Co.’s brewery and taprooms in Ohio
US – Belgian multinational drink and brewing company, AB InBev, has closed down Platform Beer Co.’s brewery and taprooms in Ohio due to “changing industry…
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Danone reports strong full-year financials with 7.8% increase in like-for-like (LFL) sales
FRANCE – Danone, a French multinational dairy corporation has recorded net sales of €27.7 billion (US$29.30bn) in 2022, a like-for-like increase of 7.8% on the…
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Coca-Cola to integrate OpenAI tools in marketing and digital communications in partners with Bain & Co.
GLOBAL – Beverage giant, Coca-Cola has struck a deal with management consultancy firm Bain & Co. to explore the use of OpenAI tools, including systems…