Financials & Economy
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Tata Coffee’s profits up 20% as parent company eyes acquisition of maker of Soulfull cereals
INDIA – Tata Coffee, one of the largest integrated Coffee cultivation and processing companies in the world, has reported a 20% rise in net profit…
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Unilever’s resilience and agility help deliver strong full-year results for 2020
UK – In a year punctuated by market volatility due to the impact of Covid-19, British multinational consumer goods company managed to record underlying sales…
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Distell rises above COVID-19 turbulence reporting 3.8% revenue rise in interim period
SOUTH AFRICA – Distell Group, producer and marketer of wines, ciders, spirit and ready-to-drinks beverages has reported 3.8% rise in half year revenue for the…
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Strong performance in developed markets boost Mondelēz’s 2020 results
US – American multinational food and beverage company Mondelēz International‘s net revenue for 2020 rose by 2.8% to US$26.58 billion driven by a strong performance…
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Spur Corporation continues to be negatively impacted by COVID-19 reporting 29.5% decline in sales
SOUTH AFRICA – South Africa based fast–food chain operator, Spur Corporation has reported a 29.5% decline in sales to R2.9 billion (US$193 million) for the…