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Ukraine's new state agency for nonlethal military procurement is an example of the type of reform that the country hopes will clear the path toward NATO

Dozens of environmental nonprofits issued a manifesto Thursday condemning new laws in Brazilian states that threaten to dismantle the Amazon soy moratorium

Bombay High Court has declined to quash proceedings against Hindustan Coca-Cola Beverages Private Limited, which faces allegations of selling adulterated beverages. The company had sought to dismiss the case initiated by a magistrate's court in Maharashtra's Jalna district after the Food and Drug Administration (FDA) found a fibrous substance and cobwebs inside bottles of 'Canada Dry', a sweetened carbonated drink. In 2001, during an inspection of Hindustan Coca-Cola’s product 'Canada Dry', the FDA discovered the contaminants in sealed bottles. A stock of 321 bottles, with an expiry date of December 12, 2001, was seized on July 27, 2001. Following tests, a complaint was filed against the company for allegedly violating the Prevention of Food Adulteration Act.

Devendra Pant, Chief Economist, India Ratings, says food inflation is cooling off but there are two commodities which could be another source of problem for food inflation in general and your overall inflation in particular. In August ‘24, oil and fats had a deflation of 0.86% and come November it has an inflation of 13.28%. This is one commodity among the food group which can create a problem in the months to come. Now that food prices are softening, do you think they will remain elevated still or do you think this is a temporary relief, a trend perhaps that could sustain? Which one of these do you think it is? Devendra Pant: There will be a relief because generally what happens is when you are entering the winter season, you see the kind of price movement in the vegetables or the fruits, they tend to ease because what happens is either you have the less rainfall or more rainfall and because of that there are some supply shortages.

ADF Foods Ltd.(up 1.36%), LT Foods Ltd.(up 1.19%), Dangee Dums Ltd.(up 0.57%), Colgate-Palmolive(India)Ltd.(up 0.51%), JHS Svendgaard Laboratories Ltd.(up 0.40%), Nakoda Group Of Industries Ltd.(up 0.31%) and Euro India Fresh Foods Ltd.(up 0.17%) were among the top gainers.

Meat from fin whales caught for the first time in nearly 50 years off Japan’s northern coast has fetched up to more than $1,300 per kilogram at auction, as officials try to keep the struggling industry alive

interest rate cut at RBI's next review meeting in February. Career bureaucrats, the conventional wisdom goes, tend to be more amenable to the gov's view early in their tenure as central bankers. But, eventually, the institutional authority exerts itself in a more autonomous approach.

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

quick commerce platform Blinkit has launched a standalone app Bistro, marking its foray into the 10-minute food delivery space. The service has been rolled out in a few localities of Gurugram. According to the description on Google's app store, the new platform will offer snacks, meals, desserts and beverages, which will be delivered in 10 minutes. The development comes at a time when food delivery and quick commerce platforms are extending the ultra-fast delivery model to food. In 2022, Zomato, through its primary offering, had experimented with 10-minute delivery of food in Gurugram but later discontinued the pilot programme. It later launched Zomato Everyday which offers meals prepared by home cooks from centralised kitchens in relatively shorter timeframes.

Sanjay Dasari, cofounder of agritech startup WayCool, which focuses on agriculture supply chain and branded farm and food products, has stepped down after nearly a decade with the company. He will, however, continue in an advisory role. “After 9.5 incredible years building WayCool, it’s time for me to take the final step in the founder’s journey—an exit,” he said in a LinkedIn post on Wednesday. “I’ll still be involved with WayCool in an advisory role, supporting strategic projects and fundraising efforts, but I'm stepping back from the day-to-day (sic) of the company I founded and the only job I've ever known,” he added.

Subscribe to enjoy similar stories. Could the Federal Reserve be done cutting rates after December? That shouldn’t be ruled out. Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising 2.7% in November from a year earlier, up from 2.6% in October.

MadeGood granola bars are being recalled in Canada over possible metal contamination, the company said.Riverside Natural Foods, the company behind the granola bars, issued a voluntary recall Monday due to the potential presence of metal fragments in the product, which could pose a safety hazard if eaten.“There is a very small risk that some of our granola bar products made between January and November 2024 may contain a piece of metal,” the company said in a statement posted on its Canadian website.“We have addressed the source of the issue and are conducting the voluntary recall with the knowledge of regulatory authorities.”The piece of metal is a small, flat brush bristle, the company added.No injuries have been reported, and the company said it issued the recall out of “an abundance of caution.”Specific products impacted by this recall include the following MadeGood products:Recalled products were produced between January and November 2024 and distributed throughout Canada, the United States and other international markets. Product UPCs and best-before dates included in the recall can be found here.If you have purchased a product that is part of the recall, you can return it to the store where you bought it.

Subscribe to enjoy similar stories. Two key pieces of economic data released last month have rung alarm bells on the state of India’s economy. The first was on retail inflation, which breached the 6% upper tolerance limit in October, climbing to 6.21%, the highest since August 2023.

Rebel Foods, a startup that specializes in online-only restaurants, unveiled a $210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Singapore’s Temasek Holdings Pte led the fundraising, while Evolvence, an existing investor, will also participate, the company said in a statement. The Series G round includes the sale of new and existing stock, allowing current shareholders to sell some of their holdings. The Mumbai-based company is now valued at $1.4 billion.

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.

In a written reply to Lok Sabha, Minister of State for Food and Consumer Affairs B L Verma said, the Department of Agriculture constituted a fact finding committee to look into allegations of irregularities in the procurement of onions under Price Stabilisation Fund (PSF) by National Agricultural Cooperative Marketing Federation of India (NAFED). The department, vide OM (office memorandum) dated 4th November, 2024, «conveyed the suggestions that concerned district administration should be involved in the procurement process to ensure transparency and local oversight, to adopt biometric based verification of farmers, and payment to registered farmers bank account through Aadhaar Enabled Payment system», he added.

Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S. President-elect Donald Trump's threat of tariffs on all Canadian products

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated

US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, people familiar with the matter said, potentially ending a fresh pursuit that would've created a food giant with combined sales of almost $50 billion. Hershey Trust, which has roughly 80% of the voting power at the company, turned down the bid as too low, said the people, who declined to be identified because discussions are private. Securing the trust's backing is vital for any deal for Hershey as it owns almost all of the company's Class B stock. Bloomberg News reported earlier this week that Mondelez made a preliminary approach for Hershey, citing people familiar with the matter. It's not the first time Mondelez has sought a deal. In 2016, it walked away from discussions about a potential takeover after seeing a $23 billion bid rejected by the chocolate maker.

Consumers saw inflation pick up slightly in November, as price increases in categories like groceries, gasoline and new cars outweighed a deceleration in others like shelter during the month.

In an exclusive interview with FOX Business Edward Lawrence, Federal Reserve Bank of San Francisco President Mary Daly talks next rate decisions, keeping the economy in a good place and potential impacts from a second Trump administration.