Ukraine War

India's Wheat Procurement Set To Fall Below Estimate By 20%

India's wheat procurement in 2023 could fall by a fifth from the initial estimate as government purchases have slowed down in the last few days after local...

Maxima Latvija Reports 6.5% Increase In Turnover In FY 2022

Maxima Latvija has reported a 6.5% year-on-year increase in turnover to €974.6 million in its financial year 2022.

Unilever Invests €20 Million In New Ukrainian Factory

Consumer goods giant Unilever has announced plans to invest €20 million in a new production facility in the Kyiv region of Ukraine.

Hapag-Lloyd Forecasts Big Drop Off After Record 2022 Profit

German container shipper Hapag-Lloyd on Thursday posted a record profit of $18.08 billion (€17 billion) for 2022, 88% more than a year earlier, but sa...

Ukraine War's Impact On Trade Not As Bad As Expected: WTO

Global trade grew more than expected last year despite the upheaval caused by the Russia-Ukraine war, as badly-affected countries managed to switch supplie...

Droughts, Ukraine War Push Global Grain Stocks Toward Decade Low

The world is heading toward the tightest grain inventories in years despite the resumption of exports from Ukraine, as the shipments are too few and harves...

Ukraine's Key Food Exports Have Fallen By Almost Half Since Russian War

Exports of key Ukrainian agricultural commodities have fallen by almost half since the start of the Russian invasion earlier this year compared to the same...

Portugal's Jerónimo Martins Profit Jumps, Buoyed By Refugees In Poland

Portugal's Jerónimo Martins reported a 35% jump in second-quarter net income, with strong sales in its key market Poland, supported by the consumpti...