WORLD NEWS
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Diageo reports 16% organic growth in full year revenues driven by sales rebound in North America
UK – British multinational alcoholic beverage company Diageo has recorded an 8.3% increase in full-year net sales, driven by the reopening of bars and restaurants in…
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AB InBev’s sales exceed pre-pandemic levels, but inflation eats into Q2 profits
BELGIUM – World’s largest brewing company Anheuser-Busch InBev has reported top-line growth of 3.2% in quarter 2 2021, ahead of the same quarter in 2019. The brewer of…
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Heineken expands global footprint with addition of India’s United Breweries
INDIA – Dutch multinational brewing company Heineken has added India’s United Breweries Limited (UBL) to its expansive portfolio of brewing companies. The announcement by Heineken follows…
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Favourable weather drives up grain production in Bangladesh, Argentina and Australia
GLOBAL – Bangladesh, Argentina, and Australia are set to record bumper grain harvests in the marketing year (MY) 2021/22 thanks to a mixture of factors including favorable weather conditions, moderate precipitation…
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DSM acquires next-gen eubiotics platform start-up to bolster support for sustainable animal farming
USA – Dutch multinational Nutrition, Health and Sustainable Living company Royal DSM has acquired eubiotics firm Midori USA, Inc. (“Midori”) to bolster its sustainable farming portfolio. According to a statement from DSM, the company already…