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US FTC launches bid to block Kroger, Albertsons merger

US competition officials at the Federal Trade Commission (FTC) have moved to block the merger between Kroger and Albertsons, two …

Diageo starts voluntary retirement scheme in South Korea as whisky sales dip

Diageo has rolled out an early retirement programme for its workers in South Korea amid falling whisky sales. The spirits giant’s …

Coca-Cola Europacific Partners to push “balanced pricing” in 2024

Coca-Cola Europacific Partners (CCEP) has listed “affordability” as a key priority going into 2024, after a year of higher pricing. Speaking …

UK’s Tatton Brewery to shut down

UK-based Tatton Brewery will cease trading later this week, pointing to cost pressure. The English family-owned brewery, which is based in …

Illva Saronno scoops remaining stake in Italy’s Engine gin

Italian food and beverage group Illva Saronno Holding has acquired the remaining share of domestic gin brand Engine after buying …