Headlines

Beverage World presents the latest news from across the worldwide beverage market.

SABMiller Sees More LatAm Growth

SABMiller expects more growth from its business in Latin America, its largest market, even though the company has limited exposure to high-growth Brazil and Mexico. (Reuters)

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Nooyi Pay Down Amid Compensation Change

PepsiCo gave CEO Indra Nooyi a pay package worth $12.6 million last year, which is down 11 percent from the previous year, as the soda-and-snack food giant changed the way it awards long-term incentive compensation. (News 12/AP)

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Coke Seeks to Supersize its Bottlers

Scale would further improve financial metrics, prompting Coca-Cola to help orchestrate the merger of eight Spanish and Portuguese bottlers – and of four in Japan, three in Brazil, and the sale of a controlling stake of the Philippines bottler. (Financial Times)

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Beer Poured $250 Billion into U.S. Economy

The next time someone hassles you for cracking open a beer on a weekday before 5 p.m. or when their child is in the pub trying to enjoy a good round of ketchupy french-fry flinging, tell them you're not just drinking a beer: You're supporting a $250 billion American industry. (MSN Money)

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Hop Plan to Produce Cardiff’s Own Beer

It will be Cardiff’s very own homebrewed beer – made from hops grown in gardens across the city. More than 30 beer enthusiasts in the city have signed up to a new scheme to grow hops to be harvested and turned into a truly local brew later in the year. (yourCardiff)

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Company Claims 'World's Strongest Coffee'

Sure, you can order up a tall, no-foam, low-fat, soy-chai latte at Starbucks. Or you can have a cup of Death Wish Coffee. The brew bills itself as "the world’s strongest coffee," and it certainly delivers a caffeine kick in the teeth. (LA Times)

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