Financials & Economy
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ADM’s reports 76% rise in net earnings, expands feed premix offering with new acquisition
US — Agricultural commodities trading giant ADM started the year on a high note and has reported an impressive year-over-year earnings and sales growth during…
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Tanzania Breweries full year profit plummet by 41% impacted by decline in revenue, heightened expenses
TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev has announced that its full-year profit for the year ended December dropped by 41%,…
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Unilever records 5.7% sales growth in Q1, announces US$3.6bn share buyback program
UK – Consumer packaged goods giant Unilever has reported a 5.7% growth in sales for the quarter ending March 31st as strong performance in emerging…
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Mondelēz posts 7.9% revenue growth in Q1 as Carlsberg celebrates a “good start to the year”
US – American multinational snack and food company Mondelēz International has reported 7.9% growth in first-quarter net revenue to US$7.24 billion, driven by organic net…
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UK food and beverage exports to EU decline by US$1.5 billion as Brexit realities continue to impact trade
UK – In the first few months of 2021, Britain’s exports to the EU were down more than £1.1 billion (US$1.5 billion), according to a…