World News

Declining Indonesian Palm Oil Exports May Affect Domestic Supply, Officials Say

Indonesia's palm oil product exports slipped in January and February, raising concerns less of the edible oil will be available domestically.

Caffè Borbone Brews Up Record Sales in 2023

Italian coffee company Caffè Borbone has reached a milestone of €300 million in full-year revenue for the first time, a 14.3% increase on the p...

Action Sees Like-For-Like Sales Up 16.3% In Full Year

Non-food discounter Action has reported a 16.7% increase in like-for-like sales in its 2023 financial year.

Chinese Food Delivery Group Meituan Sees Revenue Beat Expectations

Chinese food delivery giant Meituan has reported a bigger-than-expected 22.6% rise in quarterly revenue.

Cargill Commits Funding To Water.org In Indonesia, The Philippines

Food and agricultural solutions firm Cargill has announced it is pledging $2.1 million in funding to Water.org, a global nonprofit focused on removing the...

Maersk Will Avoid Red Sea Despite EU Security Operation

Shipping company Maersk has said it is too early to resume sailings through the Red Sea due to a continued elevated risk level.

Vitafoods Europe 2024 Announces Speakers For The Future Of Nutrition Summit

Speakers have been announced for the Future of Nutrition Summit at Vitafoods Europe 2024 – the leading global event for nutraceuticals, functional fo...

Danone Receives Regulatory Approval To Write Down Russia Assets

French food group Danone has said that the regulatory approvals required for the disposal of its Essential Dairy and Plant-based business in Russia to Vami...