WORLD NEWS
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Minerva expands its beef empire with US$1.53 billion acquisition from Marfrig
BRAZIL – Beef industry giant, Minerva Foods has struck a deal to acquire cattle slaughtering and deboning plants from its Brazilian counterpart Marfrig solidified its…
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PepsiCo to invest US$175M in grocery tech company Instacart
USA – PepsiCo has agreed to purchase US$175 million of the Series A preferred convertible stock in American grocery delivery company, Instacart. The decision was…
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Bubs Australia welcomes Reg Weine as new CEO, renews focus on growth
AUSTRALIA – Bubs Australia, a prominent player in the infant formula industry, has announced the appointment of Reg Weine as its new Chief Executive Officer…
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China’s seafood ban sparks plant-based opportunities amidst environmental concerns
CHINA – A recent ban by China on importing Japanese seafood due to concerns about radiation from the Fukushima wastewater discharge has reverberated across the…
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USDA forecasts increase in Mexican beef and pork outputs
MEXICO- A report from the United States Department of Agriculture Foreign Agricultural Service (FAS) has predicted growth in Mexican pork and beef production in 2024…