Financials & Economy
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Post records 22% jump in net sales on strong performance in its pet food segment
USA – Post Holdings, a consumer-packaged goods holding company has reported net sales of US$1.9bn, an increase of 21.9% on the prior year on the…
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Ingredion adjusting production to meet shifting consumer demand pays off in Q2
USA – Ingredion, a leading global provider of ingredient solutions, has recorded robust profit growth from its operations in the second quarter of fiscal 2023,…
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Benson Hill seeks partners to expand into animal feed market, names chief transformational officer
USA- Benson Hill, a food technology company, is seeking partnerships to bolster its position in the animal feed market after entering a partnership with ADM…
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Adani Wilmer refutes speculations on 44%stake sale
INDIA – Adani Wilmar, a leading packaged food company in India has denied speculation that the parent company, Adani Group was mulling the disposal of the…
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Bayer’s second-quarter derailed by declines in glyphosate business
GERMANY- Bayer, global farm chemicals and seeds producer, recently revealed that its downward revision of this year’s earnings forecast was primarily influenced by a despondent…