Coronavirus

Fish Farmer Salmar's Profit Misses Estimates, Flags Lower Q1 Salmon Volumes

Norwegian fish farmer Salmar posted a steeper-than-expected decline in fourth-quarter earnings and warned of weak salmon output volumes for the c...

Diageo Warns Coronavirus Could Dent 2020 Profit By $260m

Diageo, the world's biggest spirits company, has said that the spread of coronavirus in greater China and the Asia Pacific region could knock up to $260 mi...

Italy's Coop 'Operating At Full Speed' To Replenish Supplies In Lombardy

Italian retailer Coop has said that it is 'operating at full speed' to replenish supermarkets in the region of Lombardy, at the centre of the coronavirus o...

Nestlé And Starbucks Expect Coffee Alliance To Boost Growth

Nestlé and Starbucks expect new products developed under their coffee alliance will help to increase sales, executives from the two companies told R...

Danone Cuts 2020 Forecasts Due To Coronavirus Outbreak

Food group Danone has lowered its 2020 forecast for sales and profit margin, citing a particularly uncertain economic climate and the impact of the coronav...

South Africa's Lobster Catchers Suffer In Coronavirus Fallout

The lobster catchers of South Africa's Western Cape have become an unexpected casualty of the coronavirus after China halted imports of the West Coast rock...

China's Chicken Chain Comes Unstuck Amid Chaos Of Virus Measures

China's chicken farmers had been looking forward to a bumper year. But an unprecedented lockdown on people and goods to curb the coronavirus outbreak ha...

Shipping Lines, Ports Count Cost As Coronavirus Hits Supply Chains

China is struggling to resume normal trade operations as fallout from the coronavirus outbreak hits container shipping lines and logistics chains, with goo...