Archives for March 13, 2013

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Moody’s feels brighter about beverage industry prospects

By Ben BOUCKLEY

Bond credit rating business Moody’s has revised its outlook for the global beverage industry upwards, citing rising middle class demand in emerging markets for high-end wines and spirits from the likes of Diageo, Heineken and Bacardi.

NO EVIDENCE OF 'SIGNIFICANT' CHILD GI INTOLERANCE IN OTHER JURISDICTIONS: CARGILL

Cargill suffers bitter erythritol blow: EFSA rejects beverage use extension

By Ben BOUCKLEY

Cargill has failed in its second attempt to secure EU approval for use of bulk sweetener erythritol in soft drinks, after EFSA published a negative opinion relating to its introduction on child safety grounds.

Beam Inc. Scotches talk of Teacher’s whiskey losing Indian No.1 spot

By Ben BOUCKLEY

Beam Inc. insists to BeverageDaily.com that Teacher’s remains the bestselling Scotch Whiskey brand in India, despite press reports suggesting it has lost that position to Pernod Ricard’s 100 Pipers in the wake of Beam’s ongoing probe into potential local...

Big Vote - CAP Reform

EU sugar quotas extended to 2020

By Oliver Nieburg

EU sugar quotas will remain in place in Europe until 2020 after a vote on Common Agricultural Policy reforms (CAP) in European Parliament today.