Monday, December 23, 2024

International

Spice maker McCormick outperforms Q1 sales and earnings projections amid high demand for premium spices; shares rally

McCormick beat market forecasts for first-quarter sales and earnings on Tuesday. The strong consumer demand for its premium spices and seasonings, despite persistent inflation,...

UK grocery price inflation falls to 4.5%, lowest since February 2022

This month, UK grocery price inflation dropped to its lowest rate since February 2022. However, industry data reveals that almost a quarter of British...

Beech-Nut Nutrition unveils new line of organic baby smoothies, yogurts, and snacks

Beech-Nut Nutrition Company, a producer of baby and toddler food, has launched a new line of smoothies, yogurts, and snacks.The new products are crafted...

Cavu Distilling to debut ‘Nil Desperandum’ rum in the UK market

Australian distillery Cavu Distilling is gearing up to introduce its rum brand, Nil Desperandum, to the UK market.The Queensland-based privately-owned business is in preliminary...

Nestlé signs MoU with The Global FoodBanking Network to boost food access and alleviate hunger

Nestlé and The Global FoodBanking Network (GFN), a non-profit committed to alleviating hunger and promoting environmental sustainability, have entered into a Memorandum of Understanding...

Proxy Foods secures $2.3 Million investment to advance AI recipe formulation platform

Proxy Foods, a company specializing in artificial intelligence (AI) technology for the food and beverage sector, has secured $2.3 million in funding for its...

Nestle collaborates with suppliers to foster cocoa farming sustainability

Nestle has introduced two fresh initiatives in collaboration with suppliers Cargill and ETG | Beyond Beans. These projects aim to aid in the restoration...

UK food investor S-Ventures in talks for subsidiary sale to Riverfort Global Opportunities

S-Ventures, a UK-based food investor, has initiated negotiations regarding the potential sale of its subsidiaries to listed investment group Riverfort Global Opportunities (RGO).S-Ventures stated...

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