Financials & Economy
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Global food prices rise in January fueled by strong demand for vegetable oils
GLOBAL – After declining in December, global food prices rebounded in January further putting strain on consumer grocery budgets, the Food and Agriculture Organization of…
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Bunge attributes impressive full year performance to 3-year-old transformation strategy
USA — American agribusiness and food company Bunge Limited is reaping the benefits of a transformation strategy it embarked on 3-years ago. According to company…
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Zomato to counter Swiggy’s expansion with US$400m investment in q-commerce
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato has announced plans to invest US$400 million within the next two years to expand…
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PepsiCo net revenues jump 12.9% as acceleration into alcohol gathers momentum
USA – American multinational food, snack, and beverage corporation PepsiCo is weathering the effects of the pandemic well with net revenues for 2021 surging 12.9%…
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Coca-Cola pledges 25% reusable packaging as Q4 sales tops pre-pandemic levels
USA – Atlanta-based multinational beverage company Coca-Cola said it will aim for 25% of its packaging globally to be reusable by 2030 as part of…