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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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01.06.26 - 06:12
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Shutting Down Federal Bee Labs Threatens The US Food System (ZeroHedge)
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Shutting Down Federal Bee Labs Threatens The US Food System
Authored by Jennie Durant via TheConversation.com,
America's bees and beekeepers are losing a valuable ally just when they need its help most.
The U.S. Department of Agriculture plans to soon close the Beltsville Agricultural Research Center, a 6,500-acre agricultural research station in Maryland that is home to the nation's premier bee research and disease diagnosis hub, the Beltsville Bee Research Lab.
The closure comes at a critical moment for bees. In winter 2025, many beekeepers lost over half their operations as pesticide-resistant varroa mites spread, bringing deadly viruses. The losses have led to low honey production, and soaring fuel costs have made shipping bees cross-country for agricultural pollination increasingly expensive, further stressing the industry.
Beekeeping involves keeping colonies as healthy as possible. Often, beekeepers need help. Allagash Brewing/Flickr, CC BY
During my 14 years researching bee...
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