One of the largest deals of all time is taking shape in the beverage industry. Brewing giant AB-InBev intends to take over SABMiller. The deal is said to be worth US$ 100 billion and would create a new beer behemoth. Meanwhile, the Americans are getting ready for the holiday season, and big names such Lidl and P&G support good causes.
asia & australia
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usa & canada
Hiring for the holiday season Toys 'R' Us and Kohl’s are among the first retailers to announce their holiday hiring plans this year. Together the companies offer more than 100,000 jobs. Logistics company UPS says it plans to hire between 90,000 and 95,000 seasonal employees.
Developments to watch
Lidl promotes healthy food The Portuguese arm of the German discounter has launched a promotional campaign with the aim of encouraging the consumption of fruit and vegetables. The company will take part in an educational roadshow covering 60 primary schools.
P&G cleans the water The consumer goods giant is set to launch 25 new projects over next 5 years through its Children’s Safe Drinking Water Programme and aims to deliver 15 billion liters of clean drinking water by 2020 to reduce illness caused by contaminated water.