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Financials & Economy
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IFF reports strong Q2 FY25 performance with US$2.8B in net sales
This growth was driven mainly by key segments such as Food ingredients, Taste and Health & Biosciences.
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WK Kellogg reports sluggish second-quarter results amid declining cereal demand
The downturn in performance is part of a larger trend affecting the packaged food industry.
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Marico projects accelerated growth trajectory in Indian market from next quarter
Marico aims to achieve this target through strategic pricing actions.
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Upper Egypt Flour Mills lifts annual profit to over US$4M despite interim decline
UEFM is one of Egypt’s key grain processors, specializing in milling both local and imported wheat.
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Unpaid debt deepens Kenya Seed Company Rwanda’s financial crisis
According to the auditor general, the firm is on the brink of collapse following years of debt owed by its primary customer, the Rwandan government.