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Other Developments
A curated list of other prominent stories from this day.
9:53 AMBloomberg Markets
American Whiskey Pays Price for Canada Trade Rift
Summary
US spirits exports to Canada fell 70% from March through December 2025 after most provinces removed American alcohol from store shelves, even as exports to other markets rose 2.5%. Producers now face the added challenge of rebuilding Canadian demand after more than a year of trade tensions.
Restoring shelf access will not immediately restore sales. American whiskey makers must win back consumers
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Why it matters
Trade disputes can damage consumer packaged goods brands beyond the period of lost distribution.
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
Summary
Coca-Cola is developing new systems and products for customized beverages such as dirty sodas and refreshers through its innovation labs. The effort responds to restaurant customers including McDonald’s and Wendy’s, which are expanding beverage offerings to increase profit margins.
Coke is shifting from supplying standard drinks to helping restaurants deliver more customized beverages at
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Why it matters
Beverages are becoming a higher-margin growth engine for restaurants, raising the value of systems that simplify customization.
Freedom Oils maker Gemini Edibles & Fats India files DRHP with Sebi for IPO
Summary
Gemini Edibles & Fats India, which makes Freedom Oils, has filed draft IPO papers with Sebi for an offer-for-sale of up to 4.12 crore shares. Promoters and investors will sell their holdings, while the company will receive no funds from the issue; revenue reached Rs 12,650 crore in FY26, helped by branded oil growth.
The IPO is primarily an exit for existing shareholders, not a capital raise for Gemini.
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Why it matters
The listing could broaden investor access to a fast-growing edible-oil business, but it will not directly finance Gemini's next phase of expansion.