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WORLD NEWS
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Third Wave Coffee raises US$43M to expand Café Network across India
The Bengaluru-based specialty coffee chain will use the fresh funding to open new cafés and expand its recently launched Third Rush Desserts business.
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Above Food raises US$1.38M as Canada’s agri-food investment accelerates
The strategic funding comes as Above Food advances its restructuring, Nasdaq relisting efforts and commercialization plans.
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Löfbergs appoints Anneli Ellsäter as first female CEO
The Swedish coffee group turns to a seasoned international FMCG executive to drive its next phase of growth, sustainability and global expansion.
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FSSAI intensifies crackdown as major food, beverage brands face notices
India’s food regulator has issued more than 150 notices to leading food, beverage and food-service companies over advertising, labelling and food-safety violations.
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ZIM reports US$64M net income in Q2 as revenue rises amid higher freight rates
Adjusted EBITDA and adjusted EBIT margins were 28% and 10%, respectively.