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Aryzta Invests €40m In New Bakery In Australia

Aryzta has agreed to invest around €40 million in the construction and commissioning of a new bakery in Perth in Western Australia.

Dollarama Lifts Sales Forecast On Steady Demand For Discounted Goods

Dollarama lifted its annual sales forecast, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to dis...

Nestlé Opts For Lower Carbon Alternatives For Shipping

Food giant Nestlé plans to move the equivalent of half of its global shipping needs to alternative, lower-emission fuels with immediate effect.

Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Maersk has entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind.

Hapag Lloyd's Sees Nine-Month Net Profit Down 77%, Cuts Outlook

German container shipper Hapag-Lloyd has posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earlier, and c...

Shipping Firm Maersk Sees Full-Year Profits At Lower End Of Range

Shipping group A.P. Moller-Maersk said that it now expects full-year operating profit at the lower end of its range, and the firm plans to cut 10,000 jobs...

ADM Profit Tops Estimates On Good Ethanol Margins, Brazilian Exports

Global grains merchant Archer-Daniels-Midland Co beat Wall Street expectations for third-quarter profit on good ethanol and sweetener margins and strong Br...