Cuervo maker Becle expects more tequila sales in US, Canada this year
Feb 19, 2023 23:50 pm UTC| Economy Business Life
Mexican distiller Becle, Jose Cuervos parent company, forecasts further sales growth in 2023, with an expected increase by mid single-digit in the volume of spirits sold across North America. Total sales to grow by high...
Adidas' profit warning leads to Moody's credit rating cut to A3
Feb 19, 2023 23:47 pm UTC| Sports Life Economy Business
Moodys dowgraded Adidas long-term issuer rating from A2 to A3 due to the companys recent profit warning. Theres a possibility of a further downgrade as it maintained a negative outlook on the sportswear maker. On...
EU: Korean Air-Asiana deal may hurt competition
Feb 18, 2023 23:16 pm UTC| Economy Business Life
EU antitrust regulators are investigating Korean Air Lines bid for Asiana Airlines as it could reduce competition in passenger and air cargo transport services between Europe and South Korea. The two South Korean...
Burger King adds Peppercorn Angus to Gourmet Kings range
Feb 18, 2023 23:06 pm UTC| Life Economy Business
Burger King will begin selling its latest Gourmet Kings burger, the Peppercorn Angus, In its restaurants nationwide from February 21. According to the fast-food chain, the burger features flame-grilled 100 percent...
Coca-Cola, 8 others to reduce sugar in products sold in Switzerland
Feb 18, 2023 22:53 pm UTC| Economy Business Health Life
Coca-Cola and eight other sugary drink makers, including Rivella and Ramseier, signed an agreement to cut the sugar content of the products they sell in Switzerland by 10% between now and the end of 2024, under pressure...
Louis Vuitton to raise prices by 20% in China
Feb 16, 2023 23:37 pm UTC| Life Economy Business
LVMHs Louis Vuitton is expected to increase prices in China by as much as 20 percent as luxury labels bank on a strong rebound of Chinese demand following the easing of Covid-19 lockdowns. Last February, Louis Vuitton...
Coca-Cola relaunches Lilt beverage as Fanta variant
Feb 16, 2023 23:13 pm UTC| Life Economy Business
Coca-Cola will relaunch its Lilt beverage in Ireland under its Fanta line as Fanta Pineapple and Grapefruit. Lilt Zero will also be rebranded as Fanta Zero Pineapple Grapefruit. According to Martin Attock, vice...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight