Dramatic arrest of alleged Red Bull blackmailer
An Austrian who allegedly blackmailed Red Bull by threatening to put excrement in its energy drinks was behind bars Thursday after a sting operation straight out of the movies, police said.
An Austrian who allegedly blackmailed Red Bull by threatening to put excrement in its energy drinks was behind bars Thursday after a sting operation straight out of the movies, police said.
Beverage maker Pepsi-Cola Products Philippines Inc. (PCPPI) is entering the powdered juice business using orange drink brand Mirinda.
Lucio Tan’s Asia Brewery Inc. expects a healthy growth in revenue as it looks to tap new markets throughout Asia-Pacific for its popular brands.
The world’s largest franchise bottler of Coca-Cola products has reiterated its confidence in the country’s economic prospects a month after it acquired a majority stake in the Philippine operations of The Coca-Cola Co.
Targeting consumption-driven China, The Big Chill Inc. (TBC) of listed firm AgriNurture Inc. (ANI) has set up shop in Hong Kong and plans to open two stores next month.
Beverage-maker Pepsi-Cola Products Philippines Inc. tripled its net profit in the first nine months as sales expanded even during the third quarter, when the country was hit by heavy monsoon rains.
Felix Baumgartner, set to leap from the edge of space on Sunday, is no stranger to breaking records. But neither is the firm bankrolling and sponsoring his audacious jump: energy drink maker and marketing trailblazer Red Bull.
Asahi Breweries of Japan is in talks with the Lucio Tan group on a strategic partnership in the beverage business, beginning with the distribution of premium beer and possibly expanding into manufacturing and even an investment in Asia Brewery.
Starbucks is betting on big returns as it seeks to lure an expanding legion of coffee lovers in India – primarily a tea-drinking nation where lifestyle changes have spawned a booming market for cafes.
Emperador Distillers Inc., the beverage arm of tycoon Andrew Tan, grew its net profit in the first three months by 124 percent to P1.03 billion compared to year-ago level. “The growth can be attributed to higher consumer spending coupled with the increased patronage of our products,” EDI president Winston Co said in a statement. EDI, [...]
Beverage-maker Pepsi Cola Products Philippines Inc. (PCPPI) has set aside about P3.22 billion this year to put up a new bottling line in northern Luzon and boost its product distribution network across the country.
Lucio Tan-owned Tanduay Holdings Inc. will sell more shares to the public in a bid to raise capital for expansion and comply with the new minimum free float requirement of the Philippine Stock Exchange. In a disclosure to the bourse Thursday, Tanduay officials said the deal would involve the sale by Tangent Holdings Inc.—the firm’s [...]
