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Economy & Financial Reports
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Pernod Ricard considers India IPO amid strong growth
Pernod Ricard explores India IPO amid strong growth while competing for Brown-Forman acquisition, highlighting strategic expansion and premiumisation focus in key global spirits markets.
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Barry Callebaut cuts 2025–2026 profit forecast amid cocoa market overcapacity, supply chain disruptions
Barry Callebaut lowers profit outlook as cocoa surplus, weak demand, and supply disruptions weigh on performance despite expected second-half volume recovery.
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Mansourah Poultry profit drops 98.6% in 2025 despite higher revenue
Revenue rises to roughly US$17.2 million (EGP 856.99 million)
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LVMH Wine & Spirits Q1 2026 sales rebound driven by Champagne, China demand
LVMH’s wine and spirits division rebounds in Q1 2026 as Champagne stabilises and Asian demand strengthens, though weak US demand and Cognac uncertainty weigh on outlook.
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Beyond Meat posts US$178.4 million annual loss
Company signals continued uncertainty into 2026 amid weaker demand