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Global food prices set to rise as El Niño takes a toll on raw materials
A substantial surge in 2023 for raw materials vulnerable to El Niño is expected to impact consumers' finances in the upcoming months, as indicated...
Apollo Global Management successfully completes takeover of The Restaurant Group in £701 Million deal
Apollo Global Management, a US-based private equity company, has successfully completed the acquisition of UK-based restaurant operator The Restaurant Group (TRG).The acquisition was carried...
Sphera Franchise Group expands KFC presence with new restaurant in Buzau, Romania
Sphera Franchise Group, a prominent fast-food chain operator, has announced the launch of a new KFC restaurant in the southeastern city of Buzau, Romania.According...
Swiss food company Aryzta sets sights on Australia with €40m bakery plant
Swiss food company Aryzta has started the construction of a new bakery facility in Perth, Western Australia.The projected cost for the entire project is...
Four in five Canadians anticipate food prices to rise again in 2024, reveals survey
Four out of five Canadians anticipate a further rise in food prices in 2024, as indicated by Dalhousie University's New Year's Food Resolution survey.Consequently,...
Blue Ridge Beef recalls kitten and puppy food over salmonella and listeria concerns
Pet food firm Blue Ridge Beef is issuing a recall for numerous batch numbers of its kitten and puppy food, as per the Food...
Levine Leichtman mulls $2 Billion sale of Tropical Smoothie Cafe
Levine Leichtman Capital Partners, a middle market private equity company, is reportedly considering the sale of the US restaurant chain Tropical Smoothie Café.According to...
S. Khonkaen Foods eyes international growth with 300 Million Baht investment
S. Khonkaen Foods Plc, a manufacturer and distributor of processed food products, intends to allocate an investment of 300 million baht in the coming...
Hyatt expands presence in India with the grand opening of Hyatt Place Bodh Gaya in Bihar
Hyatt Hotels Corporation has announced the debut of Hyatt Place Bodh Gaya, marking the entry of the Hyatt Place brand into Bihar and the...
Value Zone Hyper Mart redefines retail with massive outlet mall debut in Hyderabad
Retail chain Value Zone Hyper Mart has opened its first outlet mall in Patancheru, Hyderabad. Spanning 1 lakh sq. ft. of carpet area, the...
700 Airbus Atlantic employees fall ill after Christmas dinner, French health authorities launch inquiry
700 employees of Airbus Atlantic fell ill after the company hosted a Christmas dinner. The dinner, which included lobster, scallops, gone gars, and tournedos,...
IFFCO Group and Tetra Pak collaborate for sustainable manufacturing in Saudi Arabia
The IFFCO Group, as part of its strategic plans based on Environmental, Social, and Governance (ESG) principles in the Kingdom of Saudi Arabia, has...