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Business / page 291

Dec. 6, 2016

Lower Output in Greece Blamed on Climate

Affected by extended heat and fly attacks, Greece's annual olive oil output is forecast to drop by 17 percent, and Italy's more than double that. Still, Greece remains a surplus country with a loyal client base and strong export potential.

Dec. 6, 2016

Gas Company's Olive Oil Press Fails to Ease Tensions on Tunisian Island

Petrofac's donation of a modern olive oil press to Kerkennah has failed as an olive branch for healing the island's wounds

Dec. 6, 2016

Scientists Use Forensic Techniques to Gauge Olive Oil Quality, Prevent Fraud

Scientists managed to quantify DNA present in olive oil with the help of breakthrough forensic techniques.

Dec. 2, 2016

Difficult Harvest in Italy Leads to Higher Prices

Italian olive oil production in 2016 will probably be half of last year's, yet producers acted in time to maintain high-quality as global prices trend upward.

Dec. 1, 2016

Croatia's Harvest Bests Pests

Croatia's ever-optimistic olive farmers held the 12th annual "Days of Young Olive Oil" festival in the Istrian town of Vodnjan to celebrate a bountiful harvest undeterred by pests plaguing the country's other regions.

Nov. 29, 2016

Trade Group Sues 'Dr. Oz' for Statements About Imported Olive Oil

The suit filed today in Georgia by the trade group that represents the largest American importers and bottlers challenges Oz on what it calls his ā€œfalse attacksā€ on imported olive oils.

Nov. 29, 2016

Gold Rush II: Competition for California Olives Leaves Some Smaller Producers Fruitless

Top-dollar offers from California's Aussie newcomer are tilting the table away from smaller producers in the state.

Nov. 28, 2016

Brazilian Politics: 10, Olive Oil: 0

Olive oil producers like Rafael Marchetti find themselves in a catch-22. Whereas their niche food industry is welcomed and needed in Brazil, the political and economic whirlwind sweeping the country doesn't seem like it will end anytime soon.

Nov. 28, 2016

Sfax, Capital of Arab Culture, Hosts First International Olive Oil Festival

The Sfax Chamber of Commerce and Industry (CCIS) organized the first International Festival of the Olive Oil to link Tunisian olive oil exporters with international buyers and importers.

Nov. 27, 2016

Italian Extra Virgin Olive Oil Brands Launch 'Smart Labels'

A new ā€˜smart label’ will allow consumers to check the steps of an olive oil's production chain with a simple tap of their NFC-enabled smartphones.

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Nov. 27, 2016

Xylella Fastidiosa Bacterium Arrives in Spain

A vicious bacterium that, according to experts, has the potential to devastate Europe's olive harvest has been spotted for the first time on the island of Mallorca during a routine check.

Nov. 26, 2016

Uncertainty Leads to Higher Prices in Spain

Skewed data and a killer disease have cast a sense of anxiety over the Spanish olive oil market. Production has decreased and olive oil prices are likely to spike.

Nov. 23, 2016

A Disappointing Olive Harvest in France

French olive growers are expecting the 2016 harvest to be disappointing as a severe drought hit the country during the critical summer months.

Nov. 22, 2016

Portugal Seizes Adulterated Olive Oil in Raid

Portuguese food standards y agency ASAE seized 6,000 liters of fake olive oil from a company in the town of Penamacor.

Nov. 22, 2016

€5 Million Loan to Boost Tunisian Olive Oil Exports

Two olive companies received a €5 Million loan to expand sourcing and boost exports of Tunisian branded olive oil.

Nov. 21, 2016

Sharp Rise in Olive Oil Prices Expected in Britain

Olive oil prices in Britain is expected to rise drastically as the world?s biggest olive oil producers are experiencing a severe decrease in their harvests.

Nov. 21, 2016

Tunisia Second Among Africa's Organic Exporters

Despite the economic difficulties, some organic farmers have developed successful initiatives to rank Tunisia as the second largest exporter of organic products in Africa.

Nov. 18, 2016

Sustainable Olive Oil Production Helps Mitigate Climate Change

The International Olive Council attended the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP22) to present research on sustainable olive oil production.

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