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Higher feed costs to drive up world meat pricesA surge in the cost of feed grain after the worst US drought in more than half a century has stripped many livestock farmers of profit and set off a chain of events that threatens to drive up world meat prices in 2013. More… |
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Rainbow, Tetra Pak celebrate Milk DayRainbow Milk is celebrating World Milk Day with consumers in the Middle East with a host of activities targeted at better educating the public about the goodness of milk and eating healthy food. Tetra Pak is supporting this cause as a lead More… |
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Dairy sector has 2.7bn new consumers says studyAbout 2.7 billion low-income consumers in developing countries are the dairy industry’s next big growth opportunity, according to a Tetra Pak research. The world’s leading food processing and packaging company said the opportunity arises f More… |
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Global consumers downbeat; Saudi index surgesGlobal consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on Sunday. The ec More… |
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Consumers, businesses pump up US Q3 growthThe US economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into the final three months of the year. Though part of the increase in output came More… |
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UK freezes tax, growth hopes dousedBritish finance minister George Osborne confined pro-growth steps to measures including a freeze in the tax households pay for local services on Monday, pinning his hopes for recovery on a resolution of the euro zone debt crisis. Facing c More… |
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Euro zone sentiment worsens, growth to slowEconomic sentiment in the euro zone worsened more than expected this month with optimism fading in all sectors, data showed on Thursday. It signalled slower expansion of the economy in the second half of this year. The European Co More… |
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Emerging consumers upbeat says surveyMore than a third of people in the major developing economies expect their finances to improve in the next six months, a poll shows. Brazilians were most optimistic in the survey, conducted by market research firm AC Nie More… |
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Luxury, Web sales drive retail boostLuxury retailers and e-commerce sites logged the best retail sales growth during March, pointing to growing momentum within the retail sector, according to a report. Sales of luxury items rose 22.7 percent in March, while online sales jump More… |
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Gulf consumers continue spending despite crisisConsumers in the United Arab Emirates and Saudi Arabia show strong spending habits despite the global economic slowdown, as confidence in regional economies remains high, according to a survey. In Saudi Arabia, 43 percent of consumers boos More… |
