Food Financial News

26.10 / 08:31
markets COST Digital Strategy Food reports Diwali around the corner, edible oil prices soar, dulling household, restaurant budgets
Palm oil prices have risen by 37% over the past month, impacting household budgets and increasing costs for restaurants, hotels, and sweet shops that use the oil for preparing snacks, TOI reported. Mustard oil, a commonly used oil in households, has seen a 29% price increase in the same period. This rise in oil prices comes as retail inflation reached a nine-month high of 5.5% in September, driven by high vegetable and food prices. This development has reduced the chances of the Reserve Bank of India cutting interest rates for now.
26.10 / 00:35
markets COST UPS CEO Food reports Interviews Edible oil, tea, coffee, soap to see higher prices this quarter
Subscribe to enjoy similar stories. New Delhi: Makers of soaps, edible oils, tea and coffee are likely to raise prices of their products following a spike in commodity prices, the companies said. In the September quarter, coffee prices were up 60% year-on-year (y-o-y), tea 25%, and palm oil 10%.
25.10 / 22:21
markets UPS Food social reports shock Husband's shocking letter to wife goes viral on social media; here's what he wrote
shocking letter from a husband to his wife ends up going viral which states that the husband dedicated nearly 12 years of his life to his wife. It's going viral on social media after a wife acknowledged that she was nervous after getting an unexpected letter from her husband. A wife, known as @JoyyUnSpeakable, has received an unexpected letter from her husband, Fred, which has gone viral on social media. The letter, which was shared on X, reads, «Ladies, choose yourself. I woke up to this nonsense after almost 11 years of marriage,” as quoted in a report by the New York Post.
25.10 / 19:33
markets Digital Strategy Food PAM reports Elon Musk has repeatedly spoken to Putin in the last 2 years; this is what they talked about
Elon Musk is all over the headlines for his public endorsement and support towards Donald Trump and the Republican Party for the upcoming US elections in November. However, latest reports from the Wall Street Journal suggest that the Tesla owner has also been in close contact with Russian leader Vladimir Putin for the better part of two years. Their contact has ranged around a variety of topics, including business, personal matters and even geopolitical issues, claims the report. Also Read: Kim Kardashian hasn't cooked food for over 2 years; she orders food from around the country and then wastes it
25.10 / 16:53
Yellow Food wellness hospital outbreak prevention Investigations At least 75 sickened as deadly McDonald's E. coli outbreak expands
A food poisoning outbreak tied to McDonald's Quarter Pounders has expanded, with at least 75 people sick in 13 states
25.10 / 16:27
markets Food hospital outbreak information infection Schools US FDA says 75 people taken ill from McDonald's E.coli outbreak
U.S. Food and Drug Administration said on Friday that 75 persons have been infected from the E.coli outbreak linked to McDonald's Quarter Pounder hamburgers. The infections had killed one person, sickened 49 and hospitalized 10 across the U.S. West and Midwest, the CDC had said on Oct. 22. The FDA said 22 persons out of the 61, on whom information was available, have been hospitalized. Two of them have developed hemolytic uremic syndrome, a serious condition that can cause kidney failure.
25.10 / 13:27
UPS Food Research poverty cover donates AI being used to send households hit by Helene and Milton $1,000 cash relief payments
Some hurricane-impacted households in North Carolina and Florida will receive one-time, direct cash payments of up to $1,500 on Friday
25.10 / 12:33
UPS Waters Food performer strain Features Check out the Price Crash Store during the Amazon Diwali Sale for up to 80% off before it ends on October 29th!
Amazon Diwali Sale Dhamaka Offers: More than 50% off on water heaters from Havells, Haier and moreThe Amazon Great Indian Festival is here with incredible deals on top-rated air fryers. These air fryers help you make healthier, oil-free meals without compromising on taste.
25.10 / 12:33
Target Food Research Danone wellness love reports Big food is learning to love weight-loss drugs
Subscribe to enjoy similar stories. A new class of weight-loss drugs is changing the food industry, but not in the way many expected at first. They could present just as many opportunities as pitfalls.
25.10 / 12:33
UPS Booking Ball Food wellness love show Diwali 2024: When the gift becomes a cherished memory
Subscribe to enjoy similar stories. I don’t have many memories of my father, since I was only 8 when he passed away, but the ones I do have are quite vivid. One moment that stands out wasn’t tied to any special occasion.
25.10 / 10:31
markets Digital Man Sustainability Food country BJP's 'triple engine govt' snatched food from common man's plate in Maharashtra: Mallikarjun Kharge
Mallikarjun Kharge on Friday slammed the BJP over rising food prices, alleging that the 'triple engine government' in Maharashtra «which grabbed power through the backdoor» has even snatched food from the common man's plate. Now, Maharashtra has decided to completely throw open the farewell doors for the BJP and its allies, he said as the state prepares to vote in the assembly polls on November 20. In a post in Hindi on X, Kharge said the inflation «imposed by the BJP» has hit the people of the country, including Maharashtra, hard and the party needs to be ousted to fix this. «The BJP's 'triple engine government' which grabbed power in Maharashtra through the backdoor has snatched the food from the common person's plate,» he alleged.
25.10 / 07:15
markets Digital Strategy Food love Experts PAM Want to lose weight by eating South India food? Nutrition coach provides options
South Indian diet" can support weight loss and overall wellness, as long as certain guidelines are followed.
25.10 / 05:27
FIVE Food voice blues Department Sporting In a suburban Miami shopping center, Kmart's last 'Blue Light Specials' flicker
The last Kmart on the U.S. mainland sits alone at the west end of a suburban Miami shopping center, quiet and largely ignored
25.10 / 05:23
markets Analysis Food Nestle Trade Experts Updates Stock market update: FMCG stocks down as market falls
Godrej Consumer Products Ltd.(up 3.09%), Bikaji Foods International Ltd.(up 2.66%), Mrs. Bectors Food Specialities Ltd.(up 1.86%), Britannia Industries Ltd.(up 1.18%), Marico Ltd.(up 1.15%), Nestle India Ltd.(up 1.03%), Emami Ltd.(up 0.99%), Dodla Dairy Ltd.(up 0.77%), LT Foods Ltd.(up 0.73%) and Dabur India Ltd.(up 0.60%) were among the top gainers.
25.10 / 05:23
markets UPS Strategy Analysis Food Trade Experts Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%
Bikaji Foods International surged by 10% to day’s high of Rs 918 on BSE post the results of Q2. The revenue from operation grew by 18.5% year-on-year to Rs 7,212 million with profit of 15% YoY. EBITDA grew by 21.7% on a yearly basis to Rs 686 million. The profit after tax also saw a notable jump of 14.7%. H1 FY25 reflected a similar strong performance with revenue growth of 18.6% and a volume growth of 15.5%.
25.10 / 01:49
markets Citi Platform Food Trade Experts reports Zomato gives a clarification to BSE on platform fee hike
(This story originally appeared in on Oct 24, 2024)
25.10 / 01:01
McDonald’s Food country hospital outbreak infection Investigations McDonald's says onions from California-based produce company linked to deadly E. coli outbreak
A California-based produce company is the source of fresh onions linked to a deadly E
24.10 / 19:49
Progressive security Food Experts Universities outbreak Department McDonald's and Boar's Head outbreaks may have you worried. Experts say the food supply is safe
Deadly food poisoning outbreaks tied to McDonald's and Boar's Head may have left Americans wondering whether there are new risks in the U.S. food supply
24.10 / 19:49
UPS Fighting Kaiser Southern Food Healthcare voice CVS workers reach tentative contract agreement after weekend strike
The unions representing more than 7,000 CVS workers in Southern California have reached a tentative agreement on a contract
24.10 / 16:07
markets COST UPS Analysis Food Trade Experts ITC Q2 Results: PAT grows 3% to Rs 5,078 crore, revenue rises 16%
ITC Ltd on Thursday reported a 3% year-on-year (yoy) growth in its net profit at Rs 5078.34 crore for the second quarter ending September, while gross revenue from sale of products and services went up by 16% yoy at Rs 20,359.95 crore which the company attributed to the agriculture and hotels businesses. The conglomerate said the “resilient performance” was at a time when demand was subdued, the country faced unusually heavy rains, high food inflation and sharp escalation in certain input costs such as that of wood and leaf tobacco.

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