WORLD NEWS
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Westrock Coffee secures US$600M refinancing led by Rabobank
The refinancing increases available liquidity to approximately $270 million, reduces scheduled loan repayments and restructures outstanding convertible notes to extend their maturity.
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Carlsberg plans US$65M investment in Vietnam through 2031
The proposed investment follows a US$90 million brewery expansion completed in 2025 and targets digitalization, renewable energy, production efficiency and improved product quality.
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India extends duty-free raw sugar import deadline to December 31
India has imported around 260,000 tonnes under the quota so far, as lower domestic production and plans to halt sugar diversion for ethanol raise the focus on availability.
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Nestlé records US$1.95B hit following seizure of Russian business
The Swiss food group reported 4% third-quarter organic sales growth, led by Petcare and Food & Snacks, and maintained its full-year 2026 financial guidance.
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Kerry Group maintains 2026 earnings forecast after 3.6% volume growth
Foodservice, snacks and beverages supported growth across Kerry’s regions, while its Accelerate 2.0 programme helped drive a 50-basis-point improvement in EBITDA margin.