WORLD NEWS
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Zomato becomes first Indian unicorn to go public raising US$1.26B in successful IPO
INDIA – Food delivery start-up Zomato has become the first Indian unicorn to go public, successfully raising over US$1.26 billion in an IPO that was more than…
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UK consumers to face higher food prices as government regulations on junk food come into force
UK – The Food and Drink Federation (FDF) has warned that consumers will inevitably face higher food and drink prices if manufacturers are forced to…
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Heineken unveils new sustainable bar concept in effort to make the world “a little greener every day”
UK – Dutch multinational brewing giant Heineken has launched Greener Bar, a completely new entertainment experience designed to reduce waste, water, emissions and energy usage in…
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Dole Foods expands into functional foods, targets US$2.1B valuation in IPO
US – Dole Packaged Foods has expanded into the increasingly popular functional food products category with the launch of Dole Fruitify juices and Dole Essentials fruit bowls. Fruitify with 65% juice…
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Philippines to fight hidden hunger with recently approved “Golden Rice” variety
PHILIPPINES – Filipino authorities have greenlighted the planting of “Golden Rice”; a new, nutrient enriched rice variety developed by the Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice)…