Coca-Cola and the IRS are in a Florida court over a decades-long tax dispute concerning transfer pricing of overseas profits. The case could result in Coca-Cola owing up to $20 billion in back taxes, setting a precedent for other multinational corporations.
Analysts from JP Morgan, CLSA, Nomura, and Citigroup have issued positive ratings on Indian stocks Bajaj Finance, Varun Beverages, Nykaa, and Jubilant Foodworks, citing strong growth prospects, strategic partnerships, and margin expansion potential.
US food and beverage giants face a new hurdle as 23 states now have waivers restricting SNAP benefits for certain processed and sugary products. This could reduce sales by $830 million this year, forcing companies to monitor shopper behavior and potentially reformulate product lines.
The India-UK Free Trade Agreement, effective July 15, is welcomed by alcoholic beverage makers for boosting trade and premiumization. While imported spirits may see reduced concessions in some Indian states, the pact aims to make premium international brands more accessible to Indian consumers.
UK inflation remained at 2.8% in the year to May, unchanged from April. Transport costs saw the steepest rise, while food prices slightly decreased. Inflation is expected to continue climbing due to the Iran war's effects, with predictions of a peak between 3.5% and 4% in late 2026.
An unopened bottle from China's Warring States period (475–221 BC) has revealed the composition of an ancient alcoholic beverage. Made from broomcorn millet, wheat, and barley, the drink's recipe indicates sophisticated brewing techniques using a fermentation starter called qu.
A doctor states that drinking beer in hot weather increases the risk of stroke, heatstroke, and dehydration due to alcohol inhibiting the vasopressin hormone. It is advised to drink water with alcohol and avoid sun exposure. Individuals with kidney and heart problems are warned about diuretic foods and drinks.
The Italian beverage market in 2026 sees declining volumes in spirits and wine, but a shift towards lighter, more selective consumption. Rinaldi 1957 highlights growth in ready-to-drink, low/no alcohol, and specific spirits like tequila and mezcal, while wine consumption becomes more occasional.
Chinese-founded beverage chains like Mixue and HeyTea are rapidly expanding in NYC, offering unique tea flavors and distinct aesthetics, appealing to locals and leveraging technology.
Chinese-founded beverage chains like Mixue and HeyTea are rapidly expanding in NYC, offering tea-based drinks and a distinct aesthetic, appealing to locals and leveraging technology for a modern experience.
The celebrity beverage trend is booming, with stars like Kim Kardashian and Blake Lively launching their own drinks. Now, Christian-themed energy drinks like Yahweh, Agape, and 4gvn are entering the market, aiming to blend evangelism with sales, though taste and branding effectiveness are debated.
Alibaba's Qwen app is opening its ecosystem to third-party agents, with KFC, Luckin Coffee, Mixue Group, and China Eastern Airlines among the first to test the feature. Users can interact with these agents for services like ordering food or planning travel.
The Ulsan Election Commission has filed a complaint against B, the accounting manager for candidate A's election campaign, for providing free beverages worth approximately 200,000 KRW to campaign workers, violating the Public Official Election Act.
Japan's government and ruling coalition are discussing a 2-year consumption tax reduction on food and beverages, potentially starting April 2027. Options range from 1% to 0%, with system updates for cash registers being a key factor. Public opinion is divided, with many favoring a quick 1% reduction over a delayed 0%.
Thapanee Techajareonvikul, CEO of Berli Jucker PCL, embraces leadership inspired by her parents, Wanna Sirivadhanabhakdi and Charoen Sirivadhanabhakdi, who built the TCC Group empire. She leads with a focus on professionalism and a family-like atmosphere, integrating AI and expanding acquisitions like MM Mega Market.
Mainland Chinese retail brands are increasingly entering Hong Kong, with a notable shift from food and beverage to non-F&B sectors like fashion, beauty, and jewelry, according to JLL analysts. This trend is helping landlords fill vacant retail spaces.
Horchata, a traditional Spanish and Mexican drink, is gaining popularity in the UK, with Google searches rising and various establishments incorporating it into menus, from coffee and cocktails to desserts.
Varun Beverages Ltd. (VBL) has extended its exclusive bottling and trademark license with PepsiCo Inc. in India until April 30, 2049, replacing the prior 2039 expiry. Crucially, VBL is now free to pursue businesses outside PepsiCo operations.
Beverage sales to Horeca grew in Q1 2026 (+6.0% value, +1.7% volume) vs Q1 2025, but remain below 2024 levels. Spirits, aperitifs, and energy drinks lead growth, while fruit juices decline.
Karnataka becomes India's first state to implement an Alcohol-in-Beverage (AIB) based excise duty structure, deregulating government-administered price fixation and allowing producers to set prices based on market factors and alcohol content.
Food & beverage e sostenibilità le leve su cui puntare per crescere nel settore. Non solo Roma, Milano, Venezia: l’attenzione si sposta anche verso piccoli borghi e località montane
Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.
Il settore ha ancora una volta dimostrato la propria resilienza. Crescono Spagna e Polonia e soffrono gli Stati Uniti. Tutti i dati presentati al Food summit
Stansted passengers disagree that stopping airports serving alcohol before early flights will reduce bad behaviourFor most people, the idea of a pint with breakfast is pretty grim. But at the Wetherspoon’s in Stansted’s departure lounge on Thursday morning, it appeared to be the beverage of choice.“It’s a holiday ritual,” said Dee Wood, 60, a waste policy officer, who was enjoying a pint while waiting to board her Alicante-bound morning flight. “It’s like the start of holiday,” said her friend Rachel Almond, 59, a community planner, who was treating herself to a lager. “We don’t get drunk, we just have a pint, say cheers and off we go.” Continue reading...
