WORLD NEWS
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Heineken full year profits dip 35.6% prompting 8,000 job cuts globally
NETHERLANDS –Dutch multinational brewing company, Heineken has reported a full-year operating profit of €2.42 billion (about US$2.93 billion), representing an organic decrease of 35.6% .…
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Coca-Cola US to sell soda in 100% recycled plastic as India subsidiary gets a plastic fine
US – American multinational beverage corporation Coca-Cola will soon begin selling sodas in completely recycled plastic in the United States for the first time as…
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India introduces new regulations to limit trans fats in food items
INDIA – The Food Safety and Standards Authority of India (FSSI) has introduced new laws limiting trans fats in foods to 3% for the year…
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Sushant Dash to take charge of Tata Starbucks as CEO Navin Gurnaney exits
INDIA – Tata Starbucks, a 50/50 joint venture between Tata Consumer Products and Starbucks Corporation, has announced the appointment of Sushant Dash as CEO designate…
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Nestlé adds beverages to iconic cereal brand, ramps up sustainability efforts in EMEA
US – Swiss food manufacturing giant Nestlé has expanded its iconic breakfast cereals brand Carnation Breakfast Essentials to include nutritional beverages. In a statement, the…