Read the latest news from regional and global sources, presenting different voices and perspectives.

GLOBAL MARKET FOODS CONTINUES AGGRESSIVE GROWTH STRATEGY WITH OPENING OF NEW MIDWEST WAREHOUSE
CHICAGO, July 9, 2025 /PRNewswire/ -- In the last year, Global Market Foods (GMF), an importer and distributor of specialty brands from around the world, has experienced unprecedented growth, expanding its presence and product offerings through a...

Global data mining tools market to hit USD $3.65 billion by 2034
The global data mining tools market is projected to reach USD $3.65 billion by 2034, expanding at a compound annual growth rate of 12.1% from its current value of USD $1.17 billion in 2024. Data mining tools are software applications that enable...

Consumption report highlights sharp urban-rural divide
Urban households in Bhutan spend nearly 46 percent more each month than their rural counterparts, according to the Household Consumption and Expenditure Survey (HCES) 2025, launched yesterday by the National Statistics Bureau (NSB). though...

Retail-real estate gains investor attention as PE inflows hit $2.4 billion in H1 2025: Savills India
New Delhi: Private equity investments in Indian real estate touched USD 2.4 billion (Rs 203 billion) in the first half of 2025, registering a 38 per cent year-on-year growth, according to a new report by Savills India. Retail real estate emerged...
Global oil demand rising steadily, to hit 123m bpd by 2050: OPEC
The Organisation of the Petroleum Exporting Countries (Opec) revealed its World Oil Outlook 2025 today (July 10) at the 9th Opec International Seminar, delivering a firm message: global oil demand is not in decline. On the contrary, Opec forecasts...

Retail inflation likely to decline further to 2.3% in June: Mint poll
India’s retail inflation is likely to decline further to 2.3% in June from 2.8% in May, according to a Mint poll of 20 economists. The continued moderation in food inflation drove retail inflation to a new low in over six years, supporting the...

Global headwinds take a toll on TCS revenue in June quarter
Tata Consultancy Services announced an expansion in net profit by 5.9% on year to Rs 12760 crore in the first quarter of the current financial year even as India’s largest software exporter recorded a decline of 3.1 % in revenue which dropped to...

Global e-commerce sites: PM says 300,000 Pakistan-made products selling like hot cakes
ISLAMABAD: Prime Minister Shehbaz Sharif bragged on Thursday that more than 300,000 Pakistan-made products are now being sold like hot cakes on giant e-commerce sites including Alibaba – a massive boost for local entrepreneurs. The bold claim came...

International speakers for Cruise360 Australasia 2025
Cruise Lines International Association Australasia has 10 international speakers for the 10th anniversary of Cruise360 Australasia 2025 in Brisbane August 27-28. Budd Darr keynote As previously reported, CLIA President/CEO Bud Darr will deliver...

National French Fry Day 2025: Where to find freebies and deals
National French Fry Day makes you realize just how many fast food chains feature french fries and how many ways they serve them. Fry Day always falls on on a Friday. This year, it’s July 11. Several chains have announced deals to mark the...

Global Smartwatch Market Records Shipment Drop in Q1 2025
The global smartwatch market is going through a rough patch, as shipments declined by 2% year-on-year (YoY) in Q1 2025. Even worse, this is the fifth consecutive quarter with a dip, according to a recent report by Counterpoint Research. The report...

National Bank holds 526th meeting of the board of directors
The 526th meeting of the board of directors of National Bank was held on July 9, 2025. The meeting was presided over by Mr. Abdul Awal Mintoo, Chairman and Sponsor Director of the bank, according to a press release. The meeting was attended by Mr....

Global matcha ‘obsession’ drinks Japan’s tea farms dry
Subscribe to our free newsletter today to keep up to date with the latest food industry news. Matcha has long played a role in Japanese tea ceremonies, celebrated for its deep flavor and meditative rituals. Today, it is a global obsession. From...

National pizza chain rolls out first-ever $9.99 value menu
Little Caesars is solidifying its reputation as a value-driven brand with a new “More for $9.99 Menu.” The menu is filled with mix-and-match options for those looking for affordable options. The new pricing platform launched on July 7 at...

Global fast fashion giant settles lawsuit for $700K
LOS ANGELES, California — Fast fashion retailer SHEIN has agreed to pay $700,000 to settle a civil lawsuit filed by the District Attorney’s Offices of Los Angeles, Napa, San Francisco and Sonoma counties, over accusations of unlawful shipping...

Global private equity firms circle Starbucks China stake
Major private equity firms and industry players are understood to have expressed takeover interest in Starbucks China in a deal that could potentially value the entity at up to US$10 billion. After Starbucks formally launched the sale process in...

Customer Expectations Outstrip Loyalty Program Evolution
Along with delving into current approaches to loyalty, “How to Keep Hold of Your Customers” spotlights three future focal points for retailers. From addressing the threat of loyalty program homogenization to developing the necessary capabilities...
International candy giant to acquire Kelloggs cereal brand in $3 billion deal
Editor’s note: This story has been updated to reflect an official announcement from Ferrero Group and WK Kellogg. The famous Italian candy company, Ferrero Group, is planning to buy the breakfast-cereal conglomerate WK Kellogg in a roughly $3...

Global tourism on the rise, though industry grapples with challenges
The global tourism and travel (T&T) sector will contribute around $16 trillion to the world’s GDP by 2034, when it hits 30 billion trips yearly. That is according to a report from the World Economic Forum, in collaboration with Kearney and the...

Product mislabeling leads to some RITZ cracker recalls
⚠ Ritz has issued a voluntary recall on cartons of certain products ⚠ The recall is due to a mislabeling error ⚠ Anyone with a peanut allergy should not eat the affected cracker sandwiches EAST HANOVER — Check your pantry. A popular cracker...