News in Numbers

16 000

In his first major announcement since becoming Nestlé’s CEO, Philipp Navratil set out plans to cut 16,000 jobs.

$3.2bn

Heineken is paying $3.2bn for a clutch of beer, soft drinks and retail assets in Central America from FIFCO.

400

The Dutch brewer, meanwhile, is restructuring its global headquarters in Amsterdam, a move expected to impact around 400 jobs.

48%

Almost half of adverts for alcohol-free products could be non-compliant with advertising rules, according to a new study from the UK’s Advertising Standards Authority.

39

The number of US state attorneys general urging Congress to tighten the federal definition of hemp and ban the sale of “intoxicating” hemp-based THC products sold outside state-regulated cannabis systems.