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WORLD NEWS
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Lavazza reports 15.7% revenue growth to US$4.52B in 2025 despite global coffee market decline
Lavazza posts strong 2025 growth driven by North America, despite declining global coffee demand, rising green bean prices, and ongoing geopolitical and supply chain challenges.
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EU–Indonesia tuna trade deal triggers industry concerns over competition, labour rules
Industry groups warn of pressure on EU fleets and weak labour enforcement provisions
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Lufthansa Cargo expands Africa network, adds 33 Africa-Europe links
Asia remains a major focus, with up to 48 weekly connections to 17 destinations.
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PepsiCo opens US$467M Sabritas plant in Mexico amid US$2B investment plan
PepsiCo expands production in Mexico with a $467m Sabritas plant while navigating new soda tax reforms and strengthening local agricultural supply chains.
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Unilever merges food business with McCormick
Unilever explores $15.7bn deal with McCormick to combine food business, as it accelerates portfolio restructuring and responds to investor pressure for growth.