WORLD NEWS
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Luckin Coffee opens 100th Singapore store
Luckin Coffee’s Singapore expansion has reached a new milestone, with the Chinese chain strengthening its local presence through product localisation and continued store growth.
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Coca-Cola appoints Rob Gehring President of North America operating unit
Gehring will return to Coca-Cola from Monster Energy in December, bringing experience from Coca-Cola, Hershey, Swire Coca-Cola USA and other consumer businesses.
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Middle East becomes trade interconnector as South-South trade hits US$6.8T, DP World reports
UNCTAD estimates cited in the whitepaper indicate that merchandise exports among developing economies grew from about US$0.5 trillion in 1995 to US$6.8 trillion in 2025.
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US cuts Brazil sugar import quota by 55,900 tonnes for 2027
Brazilian sugar producers face reduced preferential access to the US market, with northeastern mills expected to seek alternative export destinations.
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Brazil coffee harvest set to hit record 67.6M bags in 2026
Higher productivity, expanded production area and favourable weather are driving Brazil’s projected record coffee crop, while robusta output is expected to decline.