Banana news archive – Page 119
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Fyffes' finances exceed expectations
Fyffes beat even its own expectations in delivering profits ahead of its own targets and market expectations in 2008, with a €21.3 million (£19.6m) boost.
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Aussies fear banana disease threat
The news that bananas will be imported from the Philippines has left one former minister "staggered"
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Chiquita strengthens finance arm
Chiquita Brands International will expand its board of directors to include Kerrii B Anderson, to strengthen the financial sector of the business.
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Waitrose launches low-price range
Waitrose will become the latest major retailer to enter the price war today when it launches its new ‘essential Waitrose’ own-label range of goods, with more than 800 low-price lines.
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Banana hopes running high in Ecuador
Ecuador’s banana exporters association AEBE has said it has high hopes following wire service reports that a new proposal is imminent from the EU for change to its banana import tariffs.
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Port authority defends purchase of MMD
The Port of Portsmouth has stood by its purchase of banana importer MMD, despite the company showing greater-than-expected losses
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Ecuador seeks united front for EU talks
Ecuador is reportedly seeking to foster an alliance between Latin American banana producer nations in negotiations with the EU
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Chiquita denies Colombian deaths liability
The banana group is looking for the dismissal of lawsuits claiming that money paid to Colombian paramilitary groups was connected to deaths and kidnappings in banana-growing regions
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Bidding underway for Panama banana coop
Del Monte and two European companies said to be among the interested parties keen to take over Coosemupar
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Railfreight returns to Portsmouth
Portsmouth Commercial Port has launched its intermodal service, with trains operating daily from Fratton, Hants, transporting bananas and citrus to Wakefield and Manchester.
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Banana rumours quashed
The European Commission has moved to quash press rumours that it has made a new proposal to Latin American banana producers over its import regime for the fruit.
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Food for thought
Sales of Fairtrade food have enjoyed a meteoric rise in the UK. The first certified Fairtrade goods were launched onto the market in 1994 and, over the last 15 years, consumers with a conscience have boosted sales to almost £500 million. Doris Lee Butterworth reports.
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Saudi Arabia eyes up Philippines
The oil-rich Gulf country has revealed its intention to develop fruit plantations in the Philippines
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Ecuador seeks ‘better deal’ from EU
Negotiators from Ecuador are reportedly insistent that the EU complies with the terms of last year’s agreement to lower its banana tariff
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Chiquita unveils 2008 results
Chiquita Brands International Inc today released its financial and operating results for the fourth quarter in 2008 and the full-year conclusion, revealing a net sales increase but a loss from continuing operations.
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Supply chain squeeze
The squeeze on supermarket suppliers started to win greater attention this week as the national press picked up on the plight of supply chain operators.
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Ecuador views tariff change favourably
Ecuador’s banana sector appears to be looking favourably on the proposal from the EU to gradually reduce its entry tariff for the tropical fruit from €176 (£156) a tonne to €114.
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Huge strikes hit banana supplies
Long-running strikes in Guadeloupe and Martinique have finally started to affect UGPBAN’s activities
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Banana prices jump amid flooding
Western Australian banana prices have soared by up to A$3 per kg on January prices as suppliers struggle to move fruit
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Costa Rica ‘rejects’ EU offer
Export official calls EU banana tariff proposal “insufficient”, although Costa Rica has yet to deliver a formal response