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Beverages
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Uganda Tribunal rules Coca-Cola agent falsely claimed US$2.7M services as exports to evade VAT
Allied Beverages was found to have misrepresented local marketing services as exports to avoid paying value-added tax.
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Varun Beverages Q2 revenue rises 2.5% despite volume dip
Varun Beverages posted higher revenue and profit despite a decline in sales volume driven by unseasonal rainfall in India.
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Coca-Cola considers Hindustan Bottling IPO as Bhartia Family gains strategic control
The Bhartia family is set to play a leading role in HCCB, with Coca-Cola gradually reducing its controlling stake.
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Heineken reports 7.4% profit growth in H1 2025 amid tariff pressures, shifting global demand
Heineken reports solid first-half profit, driven by gains in Asia and Africa, despite declines in U.S. and Europe.
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Rémy Cointreau cuts China tariff forecast, raises U.S. impact as Q1 sales beat expectations
Rémy Cointreau revises tariff impact estimates for China and the U.S. while reporting stronger-than-expected quarterly sales growth.