Expansion-minded Jollibee opened its first-ever Canadian outlet in Winnipeg at the end of 2016. (Dave Bedard photo)

Philippines’ Jollibee eyes deals to grow

Manila/Singapore | Reuters — Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp. into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth. Dominant at home, where Jollibee has 1,000 eponymous stores welcoming diners with its smiling […] Read more







(JBSs.infoinvest.com.br)

JBS misses estimates as financial expenses soar

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, on Monday reported second-quarter income that missed estimates as a spike in net financial expenses and its struggling South American operations weighed on results. JBS reported quarterly net income of 309.8 million reais (C$123.6 million), below a consensus estimate of 603 million reais and […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

EU summit sought over major egg contamination scare

Brussels | Reuters –– The European Commissioner in charge of food safety has called for a meeting of ministers and national regulatory agencies to discuss a widespread European contamination scare, which has seen shops remove millions of eggs from sale. Tensions have risen between agricultural ministers in Belgium, the Netherlands and Germany after traces of […] Read more




(File photo)

Egg production on the rise

CNS Canada – Canadian egg production has risen 4.4 per cent in the past year, according to data released today by Statistics Canada. Canadian egg producers generated 64.5 million dozen eggs from May 2016 to May this year, said StatsCan. Placement of hatchery chicks on farms rose four percent to 65.5 million birds from June […] Read more