Cannabis-infused products, zero waste cooking among top culinary trends 2019

WORLD - CBD and cannabis-infused food and beverages, zero-waste cooking are among the top trends in the 2019 culinary forecast, according to What’s Hot survey carried out by National Restaurant Association. 2019 is expected to witness an unmatched preference for cannabis/CBD-infused drinks which are increasingly becoming popular as a result of an easing legislation and…

Flipkart receives US$201m capital funding from parent entity

INDIA – Flipkart India, the wholesale arm of the Walmart-owned eCommerce marketplace in India, has received US$201.27 million (Rs 1,431 crore) from its Singapore-based parent entity Flipkart Private Limited. The fund infusion by Flipkart comes as the company seeks to fight off the challenge from Amazon to keep its leadership of India’s growing $18 billion…

Burger Singh to offer 430 jobs as it increases outlets

INDIA – Quick service restaurant start-up Burger Singh, says it plans to increase the number of employees by 430 as it unveils plans to open 100 more outlet within the next three year. “We are planning to hire about 430 employees before the calendar year 2019 ends. In addition, we are planning to open 100…

Cargill appoints Jon Nash to lead North American protein business

USA – The agribusiness giant, Cargill has selected on Nash to lead its North American protein business effective March 1, 2019. He will report to Brian Sikes, who was recently appointed to the executive team as leader of the company’s global protein and salt businesses. Prior to his appointment, Nash was the president of Cargill’s…

Walmart to hire 2,000 technology experts in ecommerce boost

USA – The American retail giant, Walmart Inc plans to hire 2,000 technology experts including data scientists, engineers and designers this year to bolster its ecommerce strength. A Bloomberg report indicated that the retail giant is looking for technology hires to work in nine offices from Silicon Valley to Bangalore. According to Walmart Chief Technology…

Orkla buys Danish breakfast cereal brand Pama from PepsiCo

DENMARK – Orkla Foods Danmark A/S has entered into a definitive agreement to acquire the Danish breakfast cereal and well-known porridge brand, Pama from PepsiCo. The deal whose purchase price has not been disclosed include the trademark while transfer of employees or production facilities will not be included in the transaction. Orkla, through its wholly-owned…

Future Group to launch cloud kitchens, eyes US$141m in online sales

INDIA – India’s leading consumer goods company, Future Group is planning to launch cloud kitchens to deliver food from its own kitchens directly to consumers who want convenience. According to the company Chief Executive, Kishore Biyani, the venture will be rolled out in Bangalore and is looking at supplying rice-based meals at a price point…

Kraft Heinz launches natural cheese from milk without artificial hormone

USA – The food and beverage company, Kraft Heinz has unveiled new Kraft Natural Cheese made with milk from cows raised without the artificial growth hormone rbST. The natural range includes shredded cheese, natural slices, blocks and snacking cheese, providing an endless offering which consumers who try to avoid added hormones in their food can…

China’s COFCO shuts down edible oil refining plant in Argentina

USA – China’s grain and commodity merchandiser has closed down a soybean and sunflower refining plant in Argentina blamed on trade and economic crisis in the country. The plant located in Lanus, Buenos Aires is said to have been struggling in operations, partly impacted by the U.S.-China trade war that has led to market and trade…

Firmenich joins RE100, commits to 100% renewable electricity by 2020

SWITZERLAND – The Swiss flavors and fragrance company, Firmenich has joined the RE100, an initiative comprising global companies that endeavour to use 100% renewable energy for electricity. The group has announced that it has achieved using 100% renewable electricity at its manufacturing sites in the US and Europe, and has committed to meet its ambitious…