WORLD NEWS
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Zomato eyes 10% stake in e-grocery startup Grofers to counter rising competition from rivals Swiggy and BigBasket
INDIA – India multinational food delivery company Zomato is angling for a 10% stake in Indian e-grocey startup Grofers to stave-off competition from rivals Swiggy and Big Basket. According…
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Brendan Whitworth takes charge of Anheuser-Busch as strategy beyond beer intensifies
USA – World’s largest brewing company AB InBev has appointed Brendan Whitworth as president of its North America operations and CEO of its Anheuser-Busch division, effective…
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Hershey partners Land O’Lakes to drive sustainability in dairy, appoints Geetika Mehta as MD for India
US – The Hershey Company, one of the largest chocolate manufacturers in the world, is taking sustainability efforts to the farm level through a new…
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Czech online grocer Rohlik raises US$118m series C funding as The Natural Foods Company gets new owners
CZECH – Rohlik, a rapidly growing Czech online grocer has raised a further €100 million (about US$118.27 million) in a Series C funding round led by Index Ventures,…
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Coca-Cola transitions to 100% rPET bottles in UK as PepsiCo Europe commits to slash 25% sugar levels in sodas
EUROPE – American beverage manufacturing giant is taking sustainability in beverage manufacturing a notch higher by transitioning to 100% recycled polyethylene terephthalate (rPET) bottles in all…