United States

Rémy Cointreau Forecasts Stable Sales, Investors Disappointed

French spirits group Rémy Cointreau predicted sales would remain stable in financial year 2023-2024, reflecting weak US demand in the first half but...

Pernod Ricard Upbeat On Q4 As Consumer Demand Recovers In China

French spirits group Pernod Ricard reported a bigger-than-expected decline in third-quarter sales but said it was confident of delivering a strong performa...

Nestlé To Set Up Joint Venture With PAI Partners For European Frozen Pizza Business

Food giant Nestlé has agreed to set up a joint venture for its frozen pizza business in Europe with private equity firm PAI Partners.

IGC Raises Forecast For 2023/24 World Corn Crop

The International Grains Council (IGC) has raised its forecast for 2023/24 global corn production driven primarily by an improved outlook in the United Sta...

Amazon Launches Programme To Identify And Track Counterfeiters

Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-c...

L'Oréal Q1 Sales Rise 13% With Strong Performance In US, Europe

L'Oréal reported a 13% rise in first quarter sales, beating expectations thanks to strong business in the United States and Europe as shoppers shrug...

PepsiCo Launches New Customer Sustainability Platform

PepsiCo has announced the launch of pep+ Partners for Tomorrow, a new platform that delivers solutions that aim to support its customers in achieving their...

Food Security Drives China To Cut Soymeal Use In Animal Feed

China's agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it continues to try to reduce its heavy reli...