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WORLD NEWS
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SLMG Beverages appoints Lagan Shastri as CEO
Lagan Shastri brings nearly 30 years of beverage and FMCG experience as SLMG Beverages targets global bottling expansion and a US$10 billion valuation.
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Keurig Dr Pepper sales jump 75.6% to US$7.3B in Q2 2026
KDP’s refreshment beverages and international businesses delivered strong growth, while weaker US coffee performance remained a drag on profitability during the quarter.
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Diageo targets US$1B in savings as North America sales decline, profit outlook weakens
The spirits giant expects operating framework changes and supply chain initiatives to deliver major savings as it navigates weaker demand in key markets.
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ADM raises 2026 earnings guidance as Q2 profit surges
Stronger oilseed crushing margins, favourable US biofuel conditions and improving Nutrition operations drove ADM’s sharp second-quarter earnings increase and higher full-year outlook.
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Mexico’s SuKarne explores sale at valuation above US$2 billion
Rabobank and BBVA are advising the company as it assesses its options.