As growth eases in the US, Tequila distillers are ramping up efforts to expand internationally, with the Middle East on their radar.

Pernod Ricard’s Scotch whisky division Chivas Brothers has begun bottling its Chivas Regal 18 whisky in a lighter glass bottle.

UK-based Virtus Brands is looking to bolster its North American presence with a fresh funding round.

Tetley tea workers in north-east England have agreed on 12 days of strike action amid a dispute with parent company Tata Consumer Products.

PepsiCo bottler Varun Beverages is planning to raise funds through a QIP, or qualified institutional placement.

PepsiCo CEO Ramon Laguarta said that the company’s beverages unit is seeing margin improvements despite posting a drop in operating profit.