WORLD NEWS
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Meat producers to will not have the liquidity and the profitability needed for further investment in 2023, S&P Global report highlights
USA – The meat industry is headed for uncertain times with players recording lower margins due to factors such as the recent drought and high…
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Befitting sendoff: Unilever’s annual turnover exceeds US$64B in Alan Jope’s last year as CEO
UK – Multinational consumer goods giant Unilever has delivered yet another impressive growth with annual turnover jumping 14.5% to €60.1 billion (US$64.78 Billion) in what…
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China tops global beer consumption for 19 consecutive years, Czech Republic leads in per capita ranking: Kirin Global Beer Consumption Report 2021
GLOBAL – Japanese brewery giant Kirin Holdings has reported that global beer consumption stood at approximately 185.60 million kiloliters in 2021, an increase of 4.0%…
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Uncertain times for global pork industry as disease, feed prices, China all set to impact growth: Rabobank
GLOBAL – The pork industry is headed for another uncertain year in 2023 as animal diseases, feed grain prices, and Chinese policy all expected to…
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Mondelēz anticipates US$326m fine to resolve European Commission antitrust investigation
EUROPE – Mondelēz International predicts it will incur a cost of EUR300m (US$326m) or even higher to resolve an antitrust investigation launched against it by…