Indonesia Poised for Palm Oil Growth in EU Trade Agreement
The EU and Indonesia have successfully concluded talks on a free-trade agreement that will eliminate tariffs on palm oil exports from the Southeast Asian nation....
Tag : economy
Campbell’s Anticipates Significant EPS Impact from Tariffs
The Campbell Company anticipates significant challenges ahead, as tariffs are expected to drive a longer-term decline in its base earnings for the upcoming fiscal year....
Sweden to Reduce VAT on Food Items
In a strategic move to alleviate inflation’s impact on families, Sweden is set to halve its VAT on food products as part of its 2026...
U.S. Finalizes Trade Agreements with Japan, Indonesia, and the Philippines
US President Donald Trump announced that the United States has successfully reached a significant trade agreement with Japan, along with additional agreements with Indonesia and...
Fairfields Farm Launches Multi-Million-Pound Investment to Increase Capacity by 40%
Fairfields Farm, located in Wormingford, has announced a significant investment, which includes the installation of a second industrial fryer. This development is expected to enhance...
Iceland Launches £100 Million Distribution Centre, Creating 750 Jobs
Located at Omega Park, Iceland’s new £100 million facility represents a sigant milestone in food manufacturing and logistics. Developed in collaboration with GXO Logistics, this...
Nestlé Reduces Scale of German Operations Due to Increasing Costs
In a strategic move, Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, affecting around 225 employees. The Swiss...
Brazil to Eliminate Import Taxes on Essential Food Products
Brazil’s government has decided to eliminate import taxes on essential food products to help reduce prices. The list of exempted products includes coffee, olive oil,...
Irish Whiskey Exports Surpass €1 Billion Mark
In 2024, exports of Irish whiskey surpassed an impressive €1 billion. Recent data from Bord Bia and the International Wine and Spirits Record (IWSR) reveals...
Over 100 Jobs at Stake at Compleat Bakery Location
The manufacturer has initiated a consultation process concerning a proposal to decrease headcount across multiple departments at Tittle Bakery. Reports indicate that 131 positions may...