PLAY PKN: Video Bulletin 29 July

In the news: Opal Group, Pact Group, Woolworths, Close the Loop Group, Alliance Paper, Myer, Accord, Great Wrap, Pringles, Sonoco, Mojo, Orora.

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Food & Drink Business

Gleb Tsipursky argues that AI’s value in food manufacturing will depend on learning from its mistakes, with frontline insights helping improve safety, productivity and decision-making.

Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025.  

Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.