From 2017 to 2022, the global distilled spirits industry grew at a compound annual growth rate of 2.2% in volume terms, according to IWSR data referenced by Becle, owner of the Jose Cuervo brand. However, the market has experienced a 5.6% growth in terms of sales value. According
China‘s Geely Automobile achieved a 38% year-on-year increase in car sales in 2023, to 274,101 units. In addition to its Geely brand, these sales include the total sales volume of Lynk&Co and Livan vehicles. In 2023, the Geely brand reached a significant milestone in its international expansion. Geely
Brazil is expected to double its installed natural gas capacity by 2031, according to Cosan. Cosan is a Brazilian business group that plays an important role in ethanol production through its partnership with Shell, known as Raízen. Natural gas is an important input for the industrial manufacturing process.
DB InBev recorded a drop in beer sales in the fourth quarter of 2023 in Mexico affected by Acapulco. In that tourist city, hurricane Otis made landfall on October 25, 2023, where it reached category 5, with maximum sustained winds of over 250 km/h (155 mph). AB InBev
AB InBev has strengthened its global digital direct-to-consumer (DTC) platform in parallel with its Modelorama stores in Mexico. Its DTC system of digital and physical products generated revenues of approximately US$1.5 billion in 2023. The company’s main DTC brands, such as Zé Delivery, TaDa and PerfectDraft, are in
According to the World Trade Organization (WTO), 35 billion dollars are allocated each year to public subsidies for fisheries worldwide. Of this amount, around 22 billion dollars are allocated to increase fishing capacity in an unsustainable manner. The WTO has already signed a first agreement on fisheries, which