William Chase is Selling his Family-run Distillery to Diageo
William Chase, the founder of Tyrell’s crisps and Chase Distillery confirmed that he is selling the drinks business to the world’s biggest spirits firm, Diageo, joining the firm’s gi....
Cargill constructs new multi water & residue-based plant in Belgium
Cargill, a global food corporation, has reportedly announced the construction of a multi water and residue-based biodiesel facility in Ghent, Belgium. The move to build a plant at the existing integra....
Chipotle posts 16.8% profit drop due to pandemic-related expenses
Chipotle Mexican Grill Inc. (Chipotle) joined its peers in witnessing the impact of the COVID-19 pandemic as ongoing crises have shaved off the company’s 16.8% quarterly profits. Stocks of the f....
Google sued by Justice Department for illicitly holding monopoly power
The U.S. Justice Department has reportedly filed a landmark lawsuit against Google LLC of illegally safeguarding its monopoly in order to dominate the search and advertising vertical. If reports are t....
Impossible Foods to launch faux beef burger in Asian grocery stores
Impossible Foods, a developer of plant-based substitutes, has reportedly announced that its faux beef burgers will be made available in Singapore and Hong Kong grocery stores. This will enable the com....
The Live Virus on the Outside of Frozen Food Packaging Alerts China
The Chinese health authorities who are investigating the ongoing Covid-19 outbreak, claim that they have found live coronavirus on frozen food packaging. It shows that the virus can live in cold suppl....
Mölnlycke launches innovative surgical glove, Biogel® PI UltraTouch® S
Mölnlycke, a medical device company, has reportedly unveiled an innovative surgical glove, Biogel® PI UltraTouch® S. Biogel® PI UltraTouch® S will help address....
Array Technologies raises $1 billion in Initial Public Offering
Array Technologies, the U.S-based global leader in manufacturing solar tracking solutions, has reportedly secured USD 1.05 billion in Initial Public Offering (IPO) of 47.5 million shares of its common....
Food delivery business heats up in South Korea amid COVID-19 boom
Some of the most renowned food delivery giants in the world are reportedly preparing themselves to effectively capitalize on an estimated $4 billion wave created by food orders in South Korea. The com....