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VAT Cut Nudges German Inflation Deeper Into Negative Territory

German annual consumer prices fell further in October due a VAT cut as part of the government's stimulus push to help Europe's largest economy recover from...

Croatia’s Fortenova Group To Purchase Assets Of Meggle Dairy In Osijek

Croatian business conglomerate Fortenova Group has announced that it has signed an agreement to acquire the assets of Meggle dairy in Osijek for an undiscl...

Blue Apron Ends Strategic Review Process, Sees Major Pickup In Business

Meal-kit delivery company Blue Apron Holdings Inc said on Thursday its board has concluded a review of its strategic options, after raising...

Kraft Heinz Raises Profit View, But Sees Signs Of Consumer Caution

Several big US packaged food companies raised their full-year financial forecasts on Thursday, in a sign they expect consumer spending on everything from c...

Rising Costs Weigh On AB InBev Despite Higher Beer Sales

Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed u...

Glanbia Sees Like-For-Like Revenues Up 3.1% In Third Quarter

Dairy and nutrition firm Glanbia has posted a 3.1% increase in like-for-like sales in the third quarter of its financial year (+1.0% reported), after what...

Lidl Plans Entry Into Bosnia And Herzegovina

A strong market performance in Croatia and Serbia has prompted Lidl to expand its activities in the Balkans, with the discounter planning its entry into Bo...

Orkla Sees Boost From Consumer Goods Business In Third Quarter

Norwegian food conglomerate Orkla has posted a 15.2% increase in operating profits in its branded consumer goods business in the third quarter of its finan...