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02.06.26 - 13:12
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How the Iran War Is Shaking Up Food Supply Chains (Bloomberg)
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The arid Persian Gulf is hardly the world's breadbasket. Yet the conflict in the region is sending shockwaves through the global food industry — from growers to packaging firms and distributors — with major implications for food security and living standards....
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02.06.26 - 01:00
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Food Republic joins wave of foreign brands retreating in China (SCMP)
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Food Republic, the Singaporean food court chain owned by BreadTalk Group, is set to close its last remaining outlet in Beijing on June 15, ending more than two decades in the Chinese capital, according to a notice outside the location in late May.
Its closure comes amid a wave of store shutdowns among foreign and Hong Kong brands across mainland China. Many have struggled to adapt to the local market, hampered by outdated business models and fast-evolving consumer preferences.
French department......
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01.06.26 - 13:27
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Arla und DMK formen Europas Molkerei-Giganten (DPA-AFX)
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BREMEN/VIBY IN JÜTLAND (dpa-AFX) - Die Molkereiunternehmen Arla Foods und Deutsches Milchkontor (DMK) haben ihre Fusion offiziell vollzogen. Die neue Genossenschaft firmiert unter dem Namen Arla und hat ihren Hauptsitz im dänischen Viby in Jütland, wie ......
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01.06.26 - 11:18
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Meituan reports third consecutive quarterly loss as rivalry in food delivery hits margins (SCMP)
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Chinese food and on-demand delivery giant Meituan reported its third consecutive quarterly loss as competition in the country's food delivery market appears to be easing but broader rivalry across the local service sector continues to weigh on margins.
Meituan's revenue in the three months ended March rose 5.6 per cent year on year to 91 billion yuan (US$13.45 billion), the company said in an earnings release on Monday.
The company reported an adjusted net loss of 4.97 billion yuan for the first......
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