Financials & Economy

J.M. Smucker faces weaker margins amid tariffs and rising costs but lifts annual sales forecast after a resilient first quarter.

The move positions Kenyan orthodox tea for stronger global markets, boosting exports and diversifying auction offerings.

The cocoa grinder’s profits declined on weaker demand and higher costs, even as revenue nearly doubled on strong ingredient pricing.

Coffee operations in Brazil and strategic growth initiatives supported Strauss Group’s sales surge despite declining net profit.

SPC Global surpasses financial targets, expands global footprint, and unveils a new beverage unit focused on functional drinks.