Philippine conglomerate San Miguel Corp posted on Monday a 15 percent rise in its net recurring profit in the first nine months of the year on gains in its fuel, beer, liquor, food and power units.
PepsiCo Inc, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, said on Monday it plans to invest $5.5 billion in India by 2020 to expand its presence in the country, according to Reuters.
UK-based alcoholic beverages maker Diageo and Caskstrength Creative have partnered to launch a new blended malt Scotch whisky 3D with a new label design.
The Brookvale Union Brewery has said that it was never their intention to offend devotees of the Hindu religion after the president of the Universal Society of Hinduism Rajan Zed, accused the company of being culturally insensitive.
The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan ($69.12 billion) soft drinks market.
Accolade Wines has agreed to buy New Zealand brands Mud House and Waipara Hills from prominent New Zealand winemaker the Mud House Wine Group for an undisclosed sum.
Bacchus Capital Management is set to launch BCM Wineworks, a sales and marketing company representing Sbragia Family Vineyards, DeLille Cellars and Madrigal Family Winery, three of Bacchus' portfolio brands.
Philippines-based fruit juice manufacturer Del Monte Pacific Limited (DMPL) released details on a $1.28 billion credit backing its $1.675 billion acquisition of the Del Monte Foods (DMF) consumer food business.
Global brewer SABMiller reached a wage deal with more than 2,000 workers in South Africa on Tuesday, ending a five-week strike that had little impact on beer production.
Nongfu Spring Co Ltd has accused a Beijing newspaper of fabricating dozens of stories criticising the quality of its widely sold bottled water, Chinese state media reported on Tuesday.
