WORLD NEWS
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Cauli launches CauliCups, replacements for conventional single-use coffee cups
UK – Tech-enabled reusable food and drink packaging solution start-up Cauli has unveiled what it describes as the ‘next phase of the reuse revolution with…
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Pernod Ricard slapped with US$244m fine by India in tax dispute
INDIA – French beverage giant, Pernod Ricard, is facing a push from Indian authorities to pay US$244 million for reportedly undervaluing concentrate imports for over…
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PepsiCo posts 9% increase in Q3 revenue despite volume decline in some units
US – PepsiCo has reported a 9% net revenue growth in its third-quarter results for 2022, an increase that was not overshadowed by the volume…
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Heineken Vietnam opens Southeast Asia’s largest and fastest brewery
VIETNAM – Heineken Vietnam has inaugurated its largest brewery in Ba Ria Vung Tau, which has become the region’s largest after multiple expansions over the…
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Cermaq holds back investment plans in Norway after a proposed resource rent tax increment
NORWAY – Cermaq, one of the world’s leading salmon farming companies, is the latest major seafood company to retract its plans of investment in Norway…