WORLD NEWS
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Olam full year profits jumps 36% even as it makes significant progress in business re-organisation
SINGAPORE – leading food and agri-business company Olam International Limited (OIL), has reported a 36% jump in Profit after Tax and Minority Interests for the…
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Molson Coors sells India business to Inbrew Holdings as alcohol prohibition hurts sales
INDIA – US multinational beverage company Molson Coors has agreed to sell its Indian unit to Singaporeheadquartered Inbrew Holdings in a deal estimated to be…
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Coca-Cola System Brazil to produce alcoholic beverages in new partnership with Heineken
BRAZIL – The Coca-Cola system in Brazil will produce and distribute alcoholic beverages beers in HEINEKEN’s portfolio as from Mid-2021. This is part of a…
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Beyond Meat to supply McDonalds with plant based patty in new 3-year strategic partnership deal
US – Alternative Proteins Company Beyond Meat, Inc. has secured a 3 year supply deal with US multinational fast food restaurant franchise McDonalds. The two…
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Investments in Agrifood companies jump 15% in 2020 despite of pandemic – AgFunder
GLOBAL – Agrifood companies globally managed to raise at least US$26.1 billion in 2020 despite of the global economy taking a hit due to the…