Latin America

Johnnie Walker Maker Diageo Misses First-Half Sales Estimates

Diageo, the world's top spirits maker, missed first-half sales estimates, as a sharp decline in Latin America weighed on group results.

Colgate-Palmolive Sees Sales Slowing In 2024 As Muted Volumes Weigh

Colgate-Palmolive has forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes...

Kellanova Names Nicolas Amaya As President Of North American Unit

Packaged food maker Kellanova has named Nicolas Amaya president of its North America division.

Diageo Faces Fight to Regain Investor Confidence As Mexican Sales Slow

Diageo faces a battle to win back some investors' trust following last month's profit warning as the Johnnie Walker whisky and Tanqueray gin maker tries to...

Jorge Garduño Named Coca-Cola Chief Customer And Commercial Officer

The Coca‑Cola Company has appointed Jorge Garduño as its new chief customer and commercial officer, effective 1 February 2024.

ICCO Trims Estimate For 2022/23 Global Cocoa Deficit

The International Cocoa Organisation (ICCO) estimated a global cocoa deficit of 99,000 metric tonnes in the 2022/23 season, narrower than a previous foreca...

Casino Agrees Initial Deal To Sell Stake In Éxito Group

French supermarket chain Casino said it has agreed an initial deal to sell its stake in Latin American retailer Almacenes Éxito to Grupo Calleja.

Arla Foods Ingredients To Upgrade Latin American Facility

Arla Foods Ingredients is investing in a project to upgrade its facility in Porteña, Argentina, as it seeks to meet the growing demand for whey ingr...