European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...
Tags: Brexit, Arla Foods
China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...
Tags: retail inflation, vegetables, food prices
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
Global supply chain risk Q2 2016. Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet. The Index, ...
Tags: Global supply chain risk
Archer Daniels Midland (ADM) plans to showcase a wide range of farmer products and services designed to help attendees “keep their business on track” at the 63rd annual Farm Progress Show, Aug. 30 – Sept. 1, in Boone, ...
Tags: ADM, Farm Progress Show, a range of farmer products and services
Despite declines in China's exports to Brazil, its imports from the South American country have accelerated this year, with the growth rate reaching 17.3 percent year on year during the first five months, the Ministry of Commerce said on ...
Tags: China's imports, poultry, beef
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
Murray Goulburn has signed a five-year national private label contract to supply Coles-brand Australian cheese The move is part of MG’s ongoing push to secure critical mass in Australia's dairy foods market. MG said it would ...
Tags: Coles'Cheese, Murray Goulburn
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
Chinese Premier Li Keqiang (R) holds a welcoming ceremony for Russian counterpart Dmitry Medvedev for the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Dec. 17, 2015. [Photo: gov.cn] China and Russia signed more than 30 ...
Tags: energy, investment, finance, bilateral cooperation
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy