Swiss food and drink giant; the world’s largest publicly held food company
McCormick plans a secondary London listing while retaining its primary NYSE listing after agreeing to acquire Unilever’s foods arm. The move aims to boost liquidity and capital flows amid a broader push for European listings in a quiet market.
The United States has introduced new Section 301 tariffs on 60 economies, arguing they fail to prohibit or enforce bans on imported goods made with forced labor. The measures, which follow temporary tariffs that expired earlier this month, face sharp international criticism and may not offer a quick path to relief for affected industries. The administration cites investigations and hearings as justification, while opponents say the move is a political tool that broadens trade friction.
Au Vodka, the Swansea-based RTD vodka brand known for its gold bottles, is nearing a sale to Sazerac. Founders Charlie Morgan and Jackson Quinn are expected to net over £100m each. The deal, first reported by Sky News, would deepen Sazerac’s UK footprint and follows Au Vodka’s rapid growth and US expansion.
Pabst Brewing Co. is offering up to $20,000 for information that leads to the recovery of 1,602 cases of Pabst Blue Ribbon and Old Milwaukee beer stolen on Aug. 17 from an Anheuser-Busch distribution center in Montclair, California. Two separate thefts on the same day involved about 40,000 pounds of beer valued at roughly $70,000. Police are investigating possible links between the incidents.
Poland's prime minister has warned intelligence shows Russia is preparing hybrid drone and missile strikes that will be framed as accidents to weaken NATO's collective defence. European governments and NATO commanders are reinforcing air defences, planning infrastructure protections and holding consultations as cross‑border strikes and covert sabotage have increased since 2025.
Russian presidential decrees have placed the Russian operations of several Western retailers and food companies under temporary administration, transferring control to newly registered or Kremlin‑linked firms. The moves follow earlier 2023 seizures and are taking place as Moscow and Berlin exchange diplomatic and security accusations, putting German firms such as Metro and Globus at risk.