WORLD NEWS
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Tata Coffee Q3 net profits fall by 44.71 as Starbucks expands US delivery partnership with DoorDash Inc
INDIA – Tata Coffee, a subsidiary of the Tata Group, has reported a 44.71 percent decline in quarter-3 consolidated net profit to Rs 38.40 crore…
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Nestlé to invest US$100 in Colombia to increase production capabilities
COLOMBIA – Swiss multinational food giant, Nestlé, will invest US$100 million over the next three years in its Colombian operations, President Gustavo Petro said, building…
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Unilever taps FrieslandCampina’s Chief Hein Schumacher as new CEO, awards him US$1.96m salary
UK – Multinational consumer goods giant Unilever has tapped Royal FrieslandCampina CEO Hein Schumacher to succeed current CEO Alan Jope who announced in September 2022…
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Renaissance Services Oman partners SOURCE Global, PBC in world’s first renewable water producing project
OMAN – Renaissance Services Oman has announced a partnership with SOURCE Global, PBC to generate sustainably sourced drinking water for Renaissance Village Duqm (RSVD) in…
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Saudi Arabian dairy giant Almarai posts 24% rise in Q4 net profits to US$95M
SAUDI ARABIA – Almarai, a Saudi multinational dairy company specializing in food and beverage manufacturing and distribution, headquartered in Riyadh, Saudi Arabia, has reported a…