News in Numbers

30.6→39%

Companies shipping brandy from the EU to China have to pay a security deposit on arrival. The amount is equivalent to tariffs recommended in August by Beijing.

$1.95bn

The price tag private-equity firm Butterfly Equity has agreed to pay to buy US wine group The Duckhorn Portfolio.

505

Coca-Cola Europacific Partners is cutting more than 500 jobs as it is closes production and logistics sites across Germany.

59%

The premium Danone said it offered to buy out its co-investors in Lifeway Foods. The US kefir group’s board has rejected the bid.

28MM

The reported amount of drinks Coca-Cola HBC recalled in Austria amid fears some could contain metal fragments.