Kaufland, Carrefour and Lidl are the most powerful retail networks in Romania, being the top three players on the market in terms of household expenditures in the first half of 2013, according to a study conducted by GfK.
Woolworths and Wesfarmers-owned Coles are facing increased competition from smaller Australian and international rivals attempting to undercut their way into Australia's $120 billion food and liquor industry.
Thailand has high potential to export more products to the immense Chinese market next year when the Chinese economy should sustain growth of at least 8.4 per cent, Thai News Agency (TNA) reported.
The transition to lower prices is occurring differently for corn, soybeans, and wheat. Corn and wheat prices have come under the most pressure due to large US and/or world crops in 2013.
The Indian Government this week approved Tesco's plans for a $110 million investment into the country, which will establish a partnership with the Tata Retail Group.
Aldi Süd has announced that the financial expert Frank H. Lutz has resigned from the coordination council of the company, which is headquartered in Mülheim an der Ruhr.
ATO Shanghai worked with Tmall.com, the largest online B to C shopping platform in China to launch a pre-sale American food promotion from Dec 26, 2012 to Jan 15, 2013.
About 30 percent of the major global cereal crops – rice, wheat and corn - may have reached their maximum possible yields in farmers’ fields, according to UNL research published this week in Nature Communications.
Islamic finance volume will be reaching at US $ 2 trillion with having 78% share of Islamic banking, 16% Sukuk, 1% Takaful, 4% Islamic funds and 1% Islamic Microfinance: Zubair Mughal.
Farm produce prices in 36 major Chinese cities stayed mostly flat in the week ending Dec. 29 compared with the previous week, according to the latest statistics from the Ministry of Commerce.
Copa-Cogeca has released final EU-27 cereals estimates for the 2013/14 marketing year, confirming a good 2013 grain harvest and quality, up 4.5 per cent on last years levels.
