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Weekly Round-Up... 30 July, 2019

Published on Jul 30 2019 11:20 AM

Weekly Round-Up... 30 July, 2019

One of the finalists in the Cadbury Inventor competition is Callum Clogher, a 17-year-old from Dysart in Roscommon. He invented the Cadbury Dairy Milk CHOCA-LATTE chocolate bar for the Cadbury Inventor competition, which contains coffee cream and vanilla. He is now one of three finalists and the only finalist from Ireland, according to Westmeath IndependentPeople can vote for their favorite bar on Cadbury Dairy Milk's website.

The Irish Asian food awards recognized The Holy Grail in Wexford town and Denis's Turkish kebab house in Enniscorthy. According to Wexford People, The Holy Grail won an award for outstanding Indian restaurant of the year in Leinster, and Denis's Turkish kebab house won the Turkish takeaway of the year award. This was the first Irish Asian food awards.

Collar of Gold has just released a new film. The pure Irish rapeseed oil brand is produced through a patented process, where the oil is first extracted from seeds. Afterwards, water vapour helps rid the oil of its strong taste, smell, and colour, which creates the rapeseed oil, Collar of Gold. Click here to watch the film. The oil can be used at both high and low temperatures and is used in mayonnaise and salad dressing. It's also a baking substitute for butter.

Spar emerged as the fastest-growing grocery retailer in Croatia in 2018, according to a report published by the Agency for the Protection of Competition. The retail chain recorded the highest nominal retail sales growth and was placed fourth in the overall rankings. Other retailers that saw significant growth in 2018 include Lidl, Konzum, Tommy, Mlin i Pekare, Studenac, Plodine, NTL, Boso and La-vor Trade.

Just Eat has said that it will be laying off "a number" of jobs in Ireland and Britain as a result of the company combining its customer and restaurant operations. The company did not confirm the exact number of job cuts. However, TechCrunch, which reported the news first, pegged the number of redundancies at about 100 employees. "...we have merged our existing customer and restaurant operations teams into one global unified team. This has resulted in a number of redundancies in the UK and Ireland," a Just Eat spokesperson said in an e-mailed statement.

China's Luckin Coffee plans to open coffee shops in the Middle East and India in its first move overseas. Luckin, which raised $561 million in May in a US initial public offering, said that it had signed a memorandum of understanding to set up a joint venture with Kuwait's Americana Group to launch the business in the Greater Middle East and India regions, without providing further details.

C&C Chairman, Stweart Gilliland, is reported to have spent €20,450 buying shares in the company, valued at €4.09 a share. Following this deal, Gilliland has invested approximately €250,000 in the company which produces Bulmers and Tennants. Artemis, an institutional investor, also increased its stake in the company by more than 6%, and JNE Partners also increased their shares by 3%£.

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