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WORLD NEWS
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UK government to phase out cage systems for egg-laying hens
Plans also target painful lamb procedures and aim to align farming practices with public expectations.
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US wine sales fell 2.1% in 2025 as report forecasts slower decline, market stabilisation from 2026
Silicon Valley Bank says the US wine sector remains under pressure but expects the pace of decline to ease from 2026.
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China’s Busy Ming seeks up to US$428M in Hong Kong IPO to fund snack and beverage expansion
Busy Ming aims to strengthen its low-cost snack and drink network as it tests investor demand in Hong Kong.
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RNDC secures new lender financing as Reyes Beverage Group discusses potential asset deals across seven US markets
US alcohol distributor RNDC obtains fresh lender backing while talks with Reyes continue over possible multi-state asset transactions.
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Smithfield agrees to acquire Nathan’s Famous for US$450 million
Transaction values Nathan’s at a near 10% premium to its prior close