WORLD NEWS
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Carlsberg’s 2020 revenues plunge as Covid-19 takes toll on major revenue streams
DENMARK – Danish multinational brewer, Carlsberg has posted an 8.4% decline in organic revenue in its 2020 results, following significant impact to its on-trade channel…
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Swedish dairy tech company DeLaval delivers double digit sales growth in 2020
SWEDEN – DeLaval Group, is a market leader in integrated milking solutions, has delivered double digit sales growth in 2020 despite of challenges posed by…
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US FDA embarks on pilot program to enhance safety of imported seafood
US – The United States Food and Drug Administration has embarked on the second phase of its Seafood Pilot program designed to improve the agency’s…
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Energy drinks remain popular among physically active adults even as concerns about caffeine content emerge
GLOBAL – The energy drinks market is projected to continue expanding as more physically active adults including athletes, students, and service members continue demanding more…
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Impossible Foods cuts grocery prices 20% in a new war against animal-derived foods
US – American alternative proteins company Impossible Foods is cutting prices by 20% for 17,000 US groceries at a time when its sales are at…