UK Gov announces £265Mn in subsidies for renewable energy developers
Renewable energy developers in the UK will reportedly compete for a portion of a new £265 million subsidy from the UK government as it plans to fund a record number of clean energy projects in t....
Food-sharing app OLIO gets £31m Series B boost for global expansion
OLIO, a food sharing app that targets food waste, has reportedly raised £31 million (~USD 42 million) for global expansion. For the unversed, Saasha Celestial-One and Tessa Clarke founded OLIO i....
Emmi Roth to acquire Athenos to expand offerings of specialty cheese
Emmi Roth has reportedly acquired Athenos, which comprises the No.1 feta in the United States, in collaboration with Emmi Group. The takeover from the Lactalis Group widens the product and business of....
Yandex inks $1Bn deal to buy out Uber’s stake in their Russian JVs
Yandex, a Russian multinational corporation with Dutch roots, has reportedly announced on that it has inked a $1 billion deal to fully buy out Uber's stake in their joint delivery, self-driving, a....
Canada-based TMRW Foods secures seed round investment of $2.6 million
Canadian plant-based food innovation firm, TMRW Foods, has reportedly secured a sum of $2.6 million in a seed round funding. The company’s mission is to redefine protein for the masses by develo....
Olam seeks to raise $2.8B from London IPO of its food ingredients unit
Olam International, a renowned agribusiness and food firm has reportedly announced that it plans to raise more than $2.8 billion by kicking off an initial public offering (IPO) of its food ingredients....
S. Korea to increase its reserves of rare metals amid rising demand
Amid the significant rise in demand for electric vehicles and rechargeable batteries, the Government of South Korea has reportedly announced that it is planning to increase its stockpile of the rare m....
Gokongwei-owned URC plans its exit from Australian and NZ market
One of the largest food and beverage firms from the Philippines, Universal Robina Corp. (URC), headed by business tycoon Lance Gokongwei and the Gokongwei family, has reportedly decided to sell its ma....
Rio Tinto announces $2.4Bn in funds for the Jadar lithium project
Roi Tinto, the worlds second-largest metal and mining company, has reportedly announced that it has committed to allot $2.4 billion for its Jadar lithium-borates mining project, one of the globe&rsquo....