WORLD NEWS
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Kellog reports better-than-expected Q3 financial performance of 9% revenue growth
US – Cereal and snacks giant Kellogg has posted a 9% increase in reported net revenue for its third quarter, driven by demand for its…
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Diageo snaps up American Single Malt Whisky distiller Balcones Distilling
US – Multinational alcoholic beverage company, Diageo plc, has acquired American Single Malt Whisky in the United States, Balcones Distilling (‘Balcones’), making the first full-scale…
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Grupo Bimbo strengths UK operations with St Pierre Groupe acquisition
UK – Mexico City-based bakery giant Grupo Bimbo has strengthened its operations in the UK with the acquisition of UK-based bakery group St. Pierre Groupe.…
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Turkey secures transport corridor for Ukrainian corn as Australia feed barley exports hit 7.2Mt mark
UKRAINE – Turkey has brokered a deal between Russia and Ukraine that will guarantee the safe passage of Ukraine’s grain in the black sea currently…
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Better Juice launches commercial sugar-reduction facility, eyes expanding production capabilities beyond Israel
ISRAEL – Food-tech start-up Better Juice has scaled up the production of its sugar-reducing immobilized enzymes with the launch of its first full-capacity manufacturing plant.…