Financials & Economy
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Danone impacted by pandemic in Q1 as Coca-Cola sees slight recovery
FRANCE – French dairy giant Danone and US beverage company Coca Cola have released their Q1 results, reporting mixing results as the pandemic continues to…
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Egypt’s food and beverage sales dropped by 10% in 2020, still higher than pre- economic reform period
EGYPT – The food and beverage processing and manufacturing sector in Egypt has gained momentum since the 2016 implementation of the economic reform plan and…
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Nestlé discovers climate resilient coffee varieties, records 15% jump in Q1 profits in India
SWITZERLAND – Swiss food manufacturing company, Nestle has developed a new generation of climate resilient coffee varieties that deliver up to 50% higher yields per…
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PepsiCo reports strong Q1 performance as Deliveroo’s orders more than double
US – US beverage and snack company PepsiCo has reported strong Q1 results with organic net revenues jumping 2.4% and first-quarter net revenues jumping 6.8%…
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Olam’s 2020 annual report, a reflection of a company committed to sustainable growth
SINGAPORE – Global food and agri-business company Olam International has released its 2020 Annual Report, highlighting its key achievements for the year with a particular…