WORLD NEWS
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US organic produce sales hit US$21.5B in 2024, berries lead growth
Tropical fruits, including mangoes, kiwi, and pineapples, continued to build market momentum alongside new apple varieties.
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AG Barr posts 12.5% profit growth in FY2026 as core brands drive revenue increase
AG Barr posts strong FY2026 results with rising profits, higher dividends, and growth driven by core brands and recent acquisitions, positioning the company for continued expansion.
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Diageo appoints John O’Keeffe as North America CEO
Diageo names John O’Keeffe as North America CEO as the company seeks to revive sales and strengthen its position in its largest market.
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Global Food Prices rise again in March as energy costs push up vegetable oils and sugar – FAO
FAO reports global food prices rose in March, driven by higher energy costs, with vegetable oils and sugar leading gains amid supply pressures and geopolitical tensions.
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Fermtech raises US$2.9M to scale Koji Cocoa sustainable alternative amid global cocoa supply challenges
Fermtech secures £2.5M funding to scale Koji Cocoa, a low-carbon cocoa alternative, as the industry faces rising costs, supply shortages, and sustainability pressures.