WORLD NEWS
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Kroger upbeat about 2021 fiscal year following an exceptional first quarter
US – American retail company Kroger has raised its annual forecast for 2021 after an exceptional first quarter that saw the company surpass its own guidance and Wall…
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Mighty Craft to become Australia’s largest craft spirit producer following 3 major acquisitions
AUSTRALIA – Mighty Craft, a craft drinks accelerator, is on its way to becoming Australia’s largest craft spirit producer, following the acquisition of three south…
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Plant-based foods startup Motif FoodWorks raises US$226m in Series B funding round
US – Motif FoodWorks, a fast-growing food startup spun out of Ginkgo Bioworks in 2019, has raised US$226 million in a series B funding round…
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JDE Peets to expand in Australia following acquisition of specialty coffee leader Campos Coffee
AUSTRALIA – JDE Peet’s, the world’s largest pure-play coffee and tea group by revenue, is set to acquire Campos Coffee in an effort to bolster…
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5-year truce on aircraft dispute hands temporary relief to European dairy industry
EUROPE – A recently announced five-year truce in a long-running trade dispute over subsidies for Boeing and Airbus has brought relief to Europe’s dairy industry…