WORLD NEWS
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NatWest commits US$1bn in loan to support UK manufacturing industry transit to cleaner forms of energy
UK – National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, is providing £1bn (US$1.07bn) in lending to support investment…
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Fonterra reduces farmgate milk prices due to decline in demand
NEW ZEALAND – New Zealand-based global dairy nutrition cooperative, Fonterra, has narrowed down its farmgate milk price range to NZ$8.10-$8.30 kgMS from NZ$8.00-$8.60 kgMS with a midpoint…
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PepsiCo replaces natural gas with green energy in crisp production at Netherlands site
NETHERLANDS – PepsiCo, in partnership with energy company Eneco, and leveraging technology from German start-up Kraftblock, is electrifying the production of Lay’s and Cheetos crisps…
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New Zealand honey producers lose fight with Australia over trademarking Manuka honey
NEW ZEALAND – Honey producers in New Zealand have lost the fight to trademark their honey using the term manuka with Australian producers. Manuka refers…
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Pernod Ricard promotes CFO Julia Massies to be new MD of UK business
UK – Pernod Ricard, the world’s second-largest wine and spirits seller, has appointed Julia Massies, currently chief financial officer of Pernod Ricard EMEA & LATAM,…