Brazil harvest key to sugar prices as trade balance outlook tightens
Having traded between 14-16 cents a pound throughout most of the year, nearby raw sugar prices spectacularly broke above this …
Post
-
-
UK watchdog rebukes BrewDog over World Cup posts
Tilray Brands’ BrewDog business has been reprimanded by the UK’s advertising watchdog for social-media posts during the football World Cup. The …
-
Champagne eases rules on alcohol content
France has temporarily lifted the cap on the alcohol content for Champagne to 15% after intense summer heatwaves increased grape …
-
PepsiCo cuts jobs at US bottling plant
PepsiCo is cutting jobs at a bottling plant in the US, a move that will affect more than 100 staff. CB …
-
Sazerac resurrects Glenmore whiskey brand
Sazerac has revived the Kentucky whiskey brand Glenmore, introducing two new products. One of the releases - Glenmore Kentucky Straight Bourbon …
-
Danone, Carlsberg to report on “healthy” sales in UK
A group of food and drink majors, including Danone and Carlsberg, have committed to report “healthy” sales data in the …
-
French bank Crédit Agricole invests in rosé maker Miraval
Miraval Provence, the rosé business linked to Brad Pitt, has sold a stake to Crédit Agricole. The French bank carried out …
-
Tribunal conditionally clears Coca-Cola bottling deal
South Africa’s Competition Tribunal has conditionally approved Coca-Cola HBC’s move to buy majority control of Coca-Cola Beverages Africa. In a statement, …
-
India’s Allied Blenders readies move into single-malt whisky
Allied Blenders and Distillers (ABD) is expanding into single-malt whisky manufacturing with an investment of up to Rs1.15bn ($11.9m). In a …
-
Hain Celestial maps margin uptick on road to profitability
Hain Celestial has charted a course to boost margins amid the company's focus on North America as CEO Alison Lewis …
-
English whisky receives GI status
English whisky has been granted protected Geographical Indication (GI) status by the UK government. The decision “officially recognises English whisky as a distinctive whisky category” …
-
Three major Diageo brands to get “mid-strength” options
Diageo is set to launch 20% abv versions of Gordon’s gin, Captain Morgan’s rum and Smirnoff vodka in the UK. The …
-
Hain Celestial sells “international” assets to private-equity investor
Long-running speculation over the future of Hain Celestial’s business in Europe has finally come to a head with the disposal …
-
Trump: I’ll remove US tariffs on Irish whiskey
President Trump has said he will lift the tariffs Irish whiskey exports face in the US. The US President made the …
-
Chile creates domestic “low-alcohol wine” category
Chile has passed a decree to create a “low-alcohol wine” category of wine in the country. The Chilean government wants to …
