Coffee-Vietnamese farmers sell; Indonesia demand up ahead of Ramadan

By Mai Nguyen HANOI, April 19 : – An increase in London prices prompted Vietnamese farmers to sell more coffee, while Indonesia’s premiums stayed flat during a mini harvest season on solid domestic demand, traders said on Thursday. London’s July contract on Wednesday hit its highest in two weeks of $1,774 a tonne, pushing domestic […]

Former CEO of BRF arrested in Brazil food safety probe -police

By Pedro Fonseca and Ana Mano SAO PAULO, Mar 5 : Federal police said on Monday they arrested the former chief executive of Brazilian food processor BRF SA on charges that he and other executives were aware the company committed fraud in trying to evade food safety checks. Shares in BRF, the country’s largest chicken […]

Former CEO of BRF arrested in food safety probe -Brazil police

By Pedro Fonseca and Ana Mano SAO PAULO, Mar 5 : Brazilian federal police said on Monday they arrested the former chief executive of food processor BRF SA on charges that he and other executives were aware that the company committed fraud in trying to evade food safety checks. Shares in BRF, the country’s largest […]

Under investor pressure, Danone eyes more profit growth in 2018

By Dominique Vidalon PARIS, Feb 16 : Food group Danone said on Friday it would accelerate sales growth this year and deliver a further rise in profits as it seeks to respond to pressure from investors. Danone, the world’s largest yoghurt maker, reported overall 2017 earnings that slightly beat expectations, with solid demand for baby […]

Berlin urban farm-in-a-box raises $25 mln for European expansion

By Eric Auchard FRANKFURT, Feb 5 :Berlin-based urban farming start-up Infarm has raised $25 million to expand its indoor growing system – a soil-less technology better known for furtively growing marijuana – into major supermarket chains and restaurants across Europe. The company, founded by three Israeli filmmakers-turned-entrepreneurs, plans to use the funds to roll out […]