Banana news archive – Page 90
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Taiwan incentives to boost banana exports
Taiwanese authorities have introduced incentives for growers to boost banana exports in an effort to alleviate a glut on the domestic market
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Philippines banana labour spat
A major Philippines-based banana producer and marketer has been accused by labour activists of ‘union busting’ after the recent closure of one of its farms
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Chiquita begins to refinance debt
Chiquita Brands International has announced that it has started refinancing a portion of its existing debt, including the company’s 8.875 per cent senior notes.
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Multinational banana earnings set to fall
Earnings at multinational banana companies are likely to be lower in the short term as a result of the recent E coli scare, according to analyst Jonathan Feeney of Janney Capital Markets.
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Banacol signs social deal
Colombia-based banana producer-exporter Banacol’s social foundation has signed a deal with the government of Costa Rica to “reduce extreme poverty to zero” through IMAS, its institute for social assistance, to promote employee and family develo
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Cameroon sees banana exports fall
Banana volumes exported from the Central and West African country are declining, but value continues to increase
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Costa Rica banana volumes slip in China
Costa Rican banana shipments to China fell last month due to high transport costs and mounting competition from the Philippines
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Reefer storage upgraded at Davao
Reefer storage capacity at the Port of Davao has been beefed up to keep pace with banana exports from the region
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Analyst expects lower banana earnings
European banana market prices "down 29 per cent" in wake of recent E coli outbreak and subsequent fall in consumer confidence
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Dole to take refinancing measures
Dole Food Company has decided it needs more operating flexibility and plans to refinance its current senior secured credit facilities.
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Aus banana supplies dwindle
Australia's cyclone-ravaged banana supplies dropped to their lowest level last week since Yasi hit in February
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Peruvian organic exports rise
The South American country has seen a big increase in organic exports this year, led by its key export, the banana
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Export boost for Peru’s organic bananas
Andean country enjoys increase in exports during first trimester of 2011 to US, Germany, Belgium and China
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Exotics dance to promotional tune as loyal shoppers wane
Another slump for the exotics category means it needs to look closely at how it can fuel a turnaround in a competitive market, especially now that a flurry of Union Jacks has hit the fresh produce aisle. Anna Sbuttoni reports on a sector struggling to get ahead
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Salt Lake City goes Bananas After Dark
Dole promotional tour reaches Utah, encouraging locals to eat bananas for breakfast, lunch and dinner
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Deluge hits Philippine crops
Heavy rains have caused millions of pesos worth of damage to crops in several regions of the Philippines
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Noboa incurs US$5m in losses
Although the group’s banana operations are back up and running, the suspension of activities has reportedly led to significant losses
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Prices tumble for Spanish exports
Returns drop for range of fruits and vegetables during May, but figures too early to show true impact of E.coli crisis
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Guatemalan shooting shocks banana trade
The treasurer of the Izabal Banana Plantation Workers’ Union (SITRABI) in Guatemala, Idar Joel Hernández Godoy, was killed by unidentified gunmen as he left the Nuevo Campo plantation in the community of Los Amates this week.
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Chiquita adds to board of directors
Chiquita Brands International has announced that its shareholders elected Jeffrey Simmons to its board of directors at the 2011 annual meeting of shareholders.