"In the face of repeated scandals, control loopholes and structural problems in the supply chain, it is legitimate to ask how fair it is to allocate 600,000 euros for [a Parma Ham Museum made with PNRR money] to emphasise a product entrusted to a consortium that ignores the critical aspects of the supply chain, justifying itself with the lack of information in its statutes". From : The Food Fact
The service is planned to be launched in Austria, Denmark, Finland, Norway, Czech Republic, Greece and Romania.
Uber has just acquired Getir. Financial Times
On 4 February Uber had announced 'that operating profits for the last quarter were $1.77 billion, up 130% year-on-year, but below analysts' expectations of $1.85 billion' (FT)
Cyclone Harry and continuous rainfall, which is still ongoing, have decimated Sicilian blood oranges. Many fruits have fallen to the ground, fungal diseases have spread, and the waste in the sorting process is high. The campaign will end weeks early. In this difficult scenario, a large part of the large-scale distribution groups are offering discounts and promotions, as if nothing happened. Is this how large-scale distribution helps Made in Italy when it is in difficulty? The Consorzio di Tutela dell'Arancia Rossa di Sicilia IGP: inappropriate promotions
Such practices, at a particular time like this, reduce the value of our Arancia Rossa di Sicilia IGP and risk compromising the work done to guarantee its quality, reputation and fair economic recognition to those who help to protect and promote an area like ours throughout the world, added Gerardo Diana, president of the consortium.
On the subject read this article
...Why do some bakeries, even those with the contribution of the Aliena team, succeed in attracting a cross-section of the public, including Italians and foreigners? 'There is no secret formula. When a place manages to combine a clear identity, an agricultural supply chain told with transparency, a friendly staff and a narrative coherence that is stable over time, it becomes recognisable. And today recognisability is a strong currency, especially for a public that seeks authenticity but also readable standards'...
Gambero Rosso
This applies, of course, also to lunch. Below: queue in Milan for a good sandwich.
On the aperitif read here.
other enquiries in Angers, Bordeaux and Blois ( Le Figaro ) where at least two children died.
Jefferies analyst David Hayes told the Financial Times that Magnum's financial results 'rekindle concerns' about the structural risks of anti-obesity drugs for the ice cream category.
The separation from Unilever has made it more difficult to read the group's results. On the GLP-1 drugs read here.
The companies are among those that the Pentagon believes may pose a threat to US national security (Financial Times)
... The decision to include Alibaba on what is formally known as the 1260H list comes three months after the FT reported that US intelligence agencies believed the e-commerce giant posed a threat to national security. The Pentagon will also add BYD, the world's largest electric car manufacturer, and Baidu, the search engine, to the 1260H list established by Congress. Although trade tensions between the US and China have eased since Trump and Xi met in South Korea in October, the addition of major Chinese groups to the list will trigger new tensions ahead of their April summit...
Read about it : Where the world is going: with Amazon, Alibaba, Shein and Temu, trade takes on a geopolitical aspect
the company has $14bn in revenues, revenues have grown 10x a year for the past 3 years
interestingly, some large VC funds are investing in competing companies in the industry, which is quite unusual, for example investing in Open AI and Anthropic
Source : Financial Times
Google's company is participated by Amazon
The cutback strategy is part of a broader reorganisation project, which includes cost rationalisation, including through the use ofartificial intelligence... The news comes alongside Heineken's fiscal year 2025 results, which show that Heineken posted a 1.2 per cent drop in sales volumes, while maintaining net revenue and operating profit slightly above analysts' expectations. At the opening of trading on the Amsterdam Stock Exchange, the share reacted positively, jumping almost 3.9 % to EUR 77.50. Investors therefore seemed to reward the plan, which also foresees a growth in profits of between 2% and 6%
