n.115

Extra virgin oil of dubious origin supplied to Milanese police and army canteens. Alleged fraud in public supply and forgery. Involved the Penny brand


The Sapio and Ladisa companies were supposed to have supplied extra virgin olive oil, also of EU origin, from organic farming 'for at least 60 per cent' to the state police, and oil 'obtained exclusively from domestic olives of any cultivar' for at least 40 per cent from organic farming for the armed forces. But, this is the thesis of the Milan Public Prosecutor's Office, the oil actually supplied would have been very different, of German origin (from the discount chain Penny Market, see photo below). Source We are and remain the country of the clever : Maxi tomato fraud: the BBC scoop on British supermarkets and the Petti group Compiled 19 December, updated 20 December 2024

n.114

Conad and Selex compared


Selex like you announced a year-end turnover of 21.1 billion... "We have a similar turnover but there is a fundamental difference: Selex is a multi-brand group that is performing well. Conad, on the other hand, is present throughout Italy with distinctive traits and homogeneous pricing policies. Our brand aggregates a capital of trust and identity that grows year by year. Our branded products also serve this purpose: they are worth 40% of sales and one third of turnover'. It is true that in Selex there are many brands - and in Conad there are not - but I understand that they are both (Conad and Selex) purchasing centres, like the one I co-founded with Riccardo Francioni (Esd Italia). And so the comparison makes no sense.

n.109

Lack of coordination on issues concerning agriculture, energy and fisheries generate GDP losses of $25 trillion/year


their actions fuel interconnected crises in nature, climate and human health, according to an international report on biodiversity science policy For example, unsustainable agricultural practices may increase yields in the short term, but overuse of chemical inputs causes runoff pollution, which damages downstream water quality and increases human health burdens, including water-borne diseases... Biodiversity is declining at a rate of between 2 and 6 per cent per decade, weakening ecosystems that underpin food security and climate resilience, according to IPBES scientists. In addition, extreme weather events related to climate change have caused 12,000 disasters in the last 50 years, causing $4.3 trillion in damage, with 90 per cent of the effects falling on low-income countries.

n.108

Zalando acquires About You and declares war on Chinese e-commerce giants


Zalando announced the acquisition of About You, one of its main competitors in the European e-commerce market, in a EUR 1.1 billion deal. Aiming to strengthen its position in online commerce, the German e-commerce platform is looking to cover a larger slice of the fashion and lifestyle market. Founded in 2008 in Berlin, Zalando has grown to serve over 50 million customers across Europe Source About Temu and Shein read here