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World Food Price Index Rises For Seventh Month Running In December: FAO

World food prices rose for a seventh consecutive month in December, with all the major categories, barring sugar, posting gains last month, the United Nati...

Unilever, Innova Partnerships One Step Closer To Self-Cleaning Surfaces

Unilever and Innova Partnerships have launched a joint venture biotechnology company, Penrhos Bio, to commercialise a technology that aims to bring self-cl...

Discount Retailer B&M's Holiday Sales Soar, To Pay Special Dividend

British discount retailer B&M reported on Thursday a 22.5% jump in holiday quarter sales and announced a special dividend, as it benefited from low...

UK Online Grocery Sales Double In December: Nielsen

Online grocery sales in UK supermarkets doubled to 12.5% in December, up from 6.7% in the same period last year, the latest data from Nielsen has revealed....

Mondi Agrees To Acquire Majority Stake In Turkey’s Olmuksan

Packaging firm Mondi has agreed to acquire a 90.38% stake in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.Ş from International Paper for a tota...

Aldi Portugal Opens First Of 25 New Stores In 2021

Aldi Portugal has opened the first of 25 new stores it plans to open in 2021, with the aim of surpassing 100 outlets in the country by the end of the year....

Sainsbury's Raises Profit Forecast After Strong Christmas

British supermarket group Sainsbury's has raised its full-year profit forecast as it reported strong trading in the key Christmas quarter, benefiting from...

Maersk Says European Lockdowns Have Not Dented Demand For Shipping

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise...