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Diet Coke Shortage Hits Mumbai, Bengaluru, Pune as Aluminium Can Supply Dries Up
Developing
Business·4/22/2026AI summary

Diet Coke Shortage Hits Mumbai, Bengaluru, Pune as Aluminium Can Supply Dries Up

Diet Coke is rapidly disappearing from stores across Mumbai, Bengaluru, Pune and Delhi-NCR due to a severe shortage of aluminium cans triggered by supply disruptions from the Iran war. The sugar-free drink, which is almost entirely sold in cans unlike other aerated drinks, has seen demand double over the past year. Beverage companies are importing cans from UAE, Sri Lanka and Southeast Asia at 25-30% higher costs, with some manufacturing units operating at just one-fourth capacity.

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Times of India
EU Trade Chief Šefčovič Heads to US to Unlock Steel and Aluminium Tariff Negotiations
Developing
Business·4/22/2026AI summary

EU Trade Chief Šefčovič Heads to US to Unlock Steel and Aluminium Tariff Negotiations

EU trade chief Maroš Šefčovič visits Washington this week to push for implementation of the July 2025 EU-US trade deal, specifically seeking removal of 50% tariffs on EU steel and aluminium exports now reduced to 15%. The deal's implementation has been delayed by MEPs, while the US Supreme Court ruled most 2025 tariffs illegal and Trump has threatened new tariffs over Greenland. Šefčovič will meet Greer, Lutnick and Bessent to ensure the US maintains its commitment.

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Euronews Business