Report Del Monte Foods, a 139-year-old American brand famous for canned fruits and vegetables, has filed for bankruptcy protection as shifting consumer preferences and economic pressures batter its core business. Owned by Singapore-based Del Monte Pacific, the company has lined up $912.5 million in debtor-in-possession financing to keep operations running while it seeks a buyer.
READ MOREOverview On any busy Friday evening in Kerala, it is easy to see how dramatically young people’s eating habits have shifted. Fast-food outlets overflow with crowds, cafés buzz with selfies and social chatter, and delivery bikes race through traffic carrying steaming parcels. This speed-driven food culture, while convenient and visually appealing, poses serious concerns for
READ MORE