Skip to content
WORLD NEWS
-
Maersk raises 2026 guidance to US$14.5 billion EBITDA after record Q3
Logistics and Services revenue grew by 13%, and the EBIT margin improved to 5.8% from 5.5%.
-
Kraft Heinz to sell North America coffee business for US$650M
The divestment covers seven established coffee brands, including Maxwell House and Gevalia, with proceeds expected to support debt reduction and the company’s wider transformation strategy.
-
Yum China raises 2026 restaurant opening target to more than 2,400
KFC and Pizza Hut operator reports double-digit operating profit growth, expands smaller restaurant formats and raises its long-term store expansion ambitions.
-
Prinova names Brent Laffey President of North America
The appointment brings Prinova’s distribution and value-added operations under one leader as the company expands its manufacturing capacity in Illinois.
-
Tilray consolidates US brewing network to six facilities
The restructuring includes brewery closures, distributor network reductions and a smaller beverage portfolio ahead of Tilray’s 2027 Carlsberg partnership.