AGP Executive Report
Last update: 7 hours agoBeverages: Coca-Cola’s third-quarter revenue rose 7% to $13.38 billion, with global drink volumes up 5%. The company raised its full-year earnings outlook again, though higher costs and flat U.S. sales remain pressure points. Household Budgets: Brazil’s central bank says household loan delinquency is at its highest level since 2012, with payment pressure expected to persist. Poorer households are especially exposed, spending a much larger share of income on credit-card debt. Food Supply: Brazil’s poultry exports face disruption after another Newcastle disease case, while Mexico has suspended Brazilian poultry imports. Regional Expansion: Jamaica’s National Bakery named Craig Hendrickson CEO as it targets sales growth and more efficient operations; its products already reach markets across the Caribbean, the U.S., Canada and the U.K. Energy Costs: Colombia has again ordered natural-gas rationing after a technical problem at its sole LNG import terminal, prioritizing essential users and some industry.
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