WORLD NEWS
-
Starbucks pulls the plug on Russian operations 15 years after entry
RUSSIA – Starbucks, the world’s largest coffeehouse chain, is exiting the Russian market and will no longer have any brand presence in the country. The…
-
Marico strengthens healthy foods segment and diversifies digital portfolio with True Elements stake acquisition
INDIA – FMCG major Marico Limited has announced its acquisition of 54 per cent stake in the healthy breakfast and snacks brand, True Elements, expanding…
-
Green Plains Partnership with Riverence Holdings to expand aquafeed production in Idaho, USA
USA—Green Plains will produce trout and salmon feeds, utilizing wholesome, sustainable ingredients for Riverence Holdings LLC in new partnership set to expand aquafeed production in…
-
Compagnie Léa Nature’s stake acquisition in Alpes Biscuits to strengthen business in its organic Ekibio unit
FRANCE—Compagnie Léa Nature, one of France’s largest suppliers of “natural” and organic food completed the acquisition of a 40% stake in Alpes Biscuits, saying the…
-
China lifts ban on canola from two of Canada’s largest exporters three years after suspending their licenses
CHINA—China has lifted its ban on canola from two of Canada’s largest exporters, three years after suspending their licenses amid escalating tensions between the countries,…