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COCOA PRODUCTION
Americans are already paying more for candy. Could El Niño make chocolate even costlier this Christmas, Valentine’s Day, and Easter?Meteorologists warn that El Niño is expected to drastically impact cocoa production in Ivory Coast, the leading cocoa producer globally. An...
Festive demand lifts dry fruit, chocolate imports this seasonDuring the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The r...
Ferrero sees India entering top 10 global markets, bets on premiumisation, ramps up product launchesFerrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expandi...
What’s haunting Halloween chocolate? The climate pressures behind Halloween’s sweetest traditionHalloween chocolate connects American shoppers with cocoa-growing communities in West Africa. Heat and crop disease can disrupt harvests, b...
Lindt misjudged consumer appetite for price hikes, admits chairman after CEO ousterLindt & Sprungli's executive chairman announced that the company misjudged customer reactions to recent price hikes. After increasing price...
India's a call-out market, but there's room to grow: NestleNestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall fo...
Giant 'heat storms' are scorching the Earth. This is the story of the biggest one on recordHeat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent ...
India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty accessIndia's free trade agreement with New Zealand will begin on October 20 and provide duty-free access for Indian goods. This agreement aims t...
FMCG firms grapple with input cost inflation in Q2, brace for margin pressure in H2FMCG companies are experiencing increased margin pressure as input costs continue to rise. Rising inflation is affecting profitability, for...
Nestlé India says rising inflation, particularly food inflation, is a realityNestlé India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust vol...
Nestle India Q2 Results: Standalone profit jumps 36% YoY to Rs 1,027 crore, revenue rises 20%In the second quarter of FY27, Nestle India achieved a remarkable standalone net profit of Rs 1,027 crore, marking a substantial 36% increa...
The biggest jump in global crop prices since 2022 threatens to boost inflationGlobal agricultural prices have jumped notably due to growing tensions in the Black Sea affecting supply routes, coupled with adverse weath...
Climate change Is making these grocery items more expensive this yearGlobal grocery prices are increasing as a result of climate change impacting food production. Recent research highlights that extreme weath...
US-China tariff cuts: $30 billion trade relief plan unveiled; check full list of goodsThe US and China have announced plans to reduce tariffs on about $30 billion of imports from each other. This tariff relief follows a meeti...
El Nino forces chefs to rethink menus as extreme weather disrupts food suppliesRecord-breaking El Nino is impacting global food systems, causing chefs to frequently alter their menus. Droughts, floods, and heatwaves af...
The big winners from India's coffee craze may not sell coffee at allIndia’s coffee culture is expanding beyond cafes and coffee chains, creating opportunities across beauty, homeware, luxury hospitality, whi...
In 2019, AXA launched a $175 million climate and biodiversity fund. Within a year, $41.5 million had been allocated to projects targeting measurable environmental outcomesIn July 2019, AXA Group launched a $175 million private equity vehicle with a mandate that traditional financiers usually leave to non-prof...
In 2024, Sofía Vergara launched a coffee company sourced exclusively by women farmers; months later, retail giants expanded her blends to national shelvesSofía Vergara grew up drinking Colombian coffee. Years later, she turned that familiar part of her childhood into a business. In 2024, the ...
In 1997, actor Marcos Palmeira bought a degraded farm in Brazil to restore native forest. 29 years later, around 130 hectares were undergoing Atlantic Forest restorationActor Marcos Palmeira purchased Fazenda Vale das Palmeiras in Teresópolis in 1997. The property transitioned from conventional vegetable pr...
FMCG firms to hold prices despite rise in commodity costs; prioritise volume growthFMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5...