WORLD NEWS
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Magnum Ice Cream Company opens 67,000-square-foot capability centre in India
The Pune operation will provide a hub for functions supporting its international business, while also developing capabilities in emerging technologies.
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Ferrero India launches Ferrero Rocher bars in premium chocolate segment
The 90g bars come in Classic Hazelnut and 70 percent Cocoa Hazelnut variants, with initial distribution through quick commerce platforms.
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Mubadala invests in Luckin Coffee in US$1B deal with Centurium Capital
The strategic investment brings Abu Dhabi’s Mubadala into Luckin Coffee’s shareholder base as the Chinese coffee chain continues expanding its technology-led retail network.
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Bepensa invests US$71.01M in new Coca-Cola plant in Yucatan
The Valladolid facility adds automated production capacity, creates more than 200 jobs and strengthens Bepensa’s distribution network across Yucatan and Quintana Roo.
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Asia-Europe rates fall as Suez returns, Asian congestion hits 4.3 million TEU
For shippers, global fleet capacity may no longer accurately reflect the capacity available on individual trade lanes or at specific ports.