All news articles for February 2020


Coronavirus could hit Diageo profits by up to $258m

By Rachel Arthur

Guinness maker Diageo says it expects a negative impact in fiscal 2020 due to COVID-19: given significant disruption to the on-trade in China and Asia and a hit to travel retail sales.

Molson Coors to launch Coors Seltzer in July

Molson Coors to launch Coors Seltzer in July

By Rachel Arthur

Molson Coors will launch a new hard seltzer under its Coors brand in July. “In the spirit of smart core innovation, what better brand than Coors to get into hard seltzers?” says the company.


Indonesia inches closer to stealth sugar tax

By Richard Whitehead

Indonesia might be taking a novel approach to implementing a sugar tax: if a proposal in front of parliament goes ahead, it will lump an additional levy on soft drinks in with environmental protection measures to fill a gaping hole in public finances.

PepsiCo, Nestle, KDP and Coca-Cola look set to spark a caffeinated water craze in 2020

PepsiCo's bubly hints at caffeinated water launch

By Rachel Arthur

PepsiCo looks set to launch a caffeinated water extension for its sparkling water brand bubly: signalling its imminent entry into the US caffeinated water category alongside Coca-Cola, Keurig Dr Pepper and Nestlé.

Systech acquired by Dover. Photo: Systech

Systech to join Markem-Imaje following Dover acquisition

By Jenny Eagle

Dover Corporation has acquired Systech International (Systech), which will now join Markem-Imaje, product identification and traceability business, as part of Dover’s Imaging and Identification segment.

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