World News

Tegut Sees Turnover Up 2.44% in Full-Year 2023

German retailer Tegut reported a total net turnover of €1.28 billion in 2023, an increase of 2.44% on the previous year.

Barilla Announces Price Cuts Of 7-13% On A Range Of Products in Italy

Italian food company Barilla is planning price cuts of 7% to 13% on a wide range of products, including pasta, biscuits, snacks, and bread.

Asda Announces External Energy Rating From Sustainable Fitch

UK retailer Asda has announced it has received its first external assessment of its ESG strategy, from Sustainable Fitch.

Nestlé Spain Invests €300,000 In Condensed Milk Factory

Nestlé Spain has invested €300,000 in renovating and expanding its condensed milk facility in Pontecesures, Galicia.

FranceAgriMer Cuts 2023/24 Wheat Export Forecasts

Farm office FranceAgriMer has lowered its forecast for French soft wheat exports outside the European Union in 2023/24 to 10.1 million metric tonnes from 1...

Thai Union Group To Exit Red Lobster Business

Seafood giant Thai Union Group PCL plans to divest its minority investment in US restaurant chain, Red Lobster.

Aleph Farms Gets Approval To Sell Cultivated Steaks In Israel

Israeli food-tech start-up Aleph Farms said it received regulatory approval in Israel to sell steak grown from cow cells in a process that effectively take...