From financial wheeling and dealing and M&A to action on sustainability and climate change - keep tabs on the major market players including Coke, PepsiCo, SABMiller, Diageo and Monster Energy.
Tate & Lyle will cease production of citric acid at is UK plant at the end of the month following the completion of an employee consultation process.
The US this week followed the EU in filing a complaint with the World Trade Organisation over India's import tariffs on wine and spirit drinks.
The EU's food and drink industry yesterday called on the bloc's governments to take action on halting price rises for their supplies, as more crops are diverted for biofuel production.
Pernod Ricard, the world's second largest alcoholic drinks group, said it expected net profits to grow by a fifth for its full year following more strong performances from spirit brands.
Carlsberg has acquired a 10 per cent stake in Vietnam's second largest brewer as it looks to increase its market share in the country's growing beer market.
A host of alcoholic drinks firms, including Bacardi, are believed to be eyeing Swedish vodka brand Absolut, seen as a crown jewel in the international spirits world.
Czech Brewer Budejovicky Budvar has hit out at speculation the country's government is poised to sell the company as soon as possible.
Sales at the group rose to CHF98.5 billion (€60.5bn) while organic growth was 6.2 per cent and net profit was up 13.8 per cent to a record CHF9.2 billion (€5.6bn).
Australian brewer Foster's has posted encouraging results in its first half report as improving performance amongst its global brands drove strong sales growth throughout its operations.
Poor harvests for hops and barley, together with mounting energy bills, are set to significantly increase cost pressures on all brewers this year.
Growth in Western Europe's difficult beer market inflated Carlsberg's 2006 sales alongside more rapid growth in Asia, the firm has announced.
Top executives at Coca-Cola Enterprises will be awarded hundreds of thousands of dollars for the firm's 2006 performance, despite last week announcing a $1.7bn loss and a plan to cut 3,500 jobs.
Coca-Cola's Australasian bottler may offload its operations in Korea, as it reviews its operations in the country amidst declining sales of its brands, due to consumer health concerns.
Bottling group Coca-Cola Enterprises will cut five per cent of its workforce, around 3,500 jobs, after the firm was flattened by cost rises and falling demand for fizzy drinks.
France's Danone must pay a €42m fine for its role in a cartel in Belgium, an EU court has ruled, backing Commission plans to get tough on repeat offenders.
Unilever crawled back to positive sales growth in Europe during 2006 with solid performances in ice cream, tea and heart health foods.
Constellation Brands has announced it intends to buy the fast-growing Svedka vodka brand for $384m, as the group looks to improve earnings by delving further into the US spirits market.
Access to aseptic drinks production and promising growth in non-carbonated soft drinks in the UK helped Cott Corporation, the world's largest private label soft drinks supplier, to increase sales last...
Tate & Lyle has been forced to close its UK citric acid operations in the face of intense competition from Chinese imports and oversupply in the world market.
China has consolidated its position as one of the world's leading tea producers as export demand continues to drive growth in the sector, according to figures by China's chamber of...
The rehabilitation of one of Britain's top soft drinks firms, Britvic, has continued over the last 12 weeks with a 4.8 per cent rise in branded sales, the group announced.
Drinks giant Pernod Ricard lifted its full year sales forecast Thursday thanks better-than-expected performances from its spirits brands and a resurgent market in France.
Sweden-based Svenska Cellulosa AB (SCA) has sold its North American packing operations, that include personal care packaging, so as to focus on expanding its European and Asian operations.
Poland's largest vodka producer, Central European Distribution Corporation (CEDC) has become the exclusive distributor of the Gruppo Campari portfolio in the country, further consolidating its share of the growing domestic...
Tate & Lyle has predicted sales and profits of its Splenda sucralose product to 'only modestly' increase due to a slower than anticipated acceleration of uptake from major customers.