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Today's headlines

  • PepsiCo reports a 1.9% decline in Q3 2016 net revenue to US$16bn, with net income increasing to US$2bn

  • In Brazil, the International Finance Corporation (IFC) announces a US$40m investment in Brazilian healthy beverage company WOW! Nutrition to allow future expansion of its product range in the US

  • In the US, The Coca-Cola Company announces plans to partner restaurant chain Dunkin’ Donuts to produce a range of ready-to-drink (RTD) coffee to be launched in early 2017

  • In Zimbabwe, PepsiCo bottler Varun Beverages starts the construction of its $30m bottling plant in Harare, scheduled to be completed by Q2 2017

  • Anheuser-Busch InBev agrees to pay US$6m to settle charges from US authorities that its Indian joint venture violated US foreign corruption laws

  • Stevia cultivation offers up to 85% land saving compared to sugar. Read more at http://www.zenithinternational.com/reports_data/277

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