Olives101.com

Britons with a taste for Mediterranean-style cooking are spending record amounts on olive oil. Sales have topped £150million a year for the first time. That is double the amount sold eight years ago and significantly more than the £90million spent on vegetable oil. Growing evidence of the health benefits of a Mediterranean diet is behind […]

By Jeremy Smith & Anthony Barker, European Union regulators suggested granting olive oil producers subsidies for private storage from as early as June as a way to prevent more price falls, the European Commission said on Monday. The Commission’s proposal, to be discussed soon by national experts from the EU’s 27 countries, would allow subsidised […]

In an effort to avoid the local drop in sales, Spanish wine and olive oil producers decided to join forces and boost the export market over the next year through promotion and marketing campaign also supported by the Spanish government and EU with a budget between 18 and 45 million euros. The export market of […]

Spain’s SOS Cuetara (SOS.MC) said on Sunday it would issue 200 million euros of new shares to plug a hole in its accounts after top executives were discovered siphoning off funds to buy shares in the olive oil bottler. SOS said it was restating 2008 results and booking a loss after it emerged that chairman […]

By Melissa Allison & Amy Martinez, This fall during the olive harvest in Italy, Dan McCarthy plans to have about 180 bottles of freshly pressed olive oil shipped by air from the 50-acre Tuscan estate of his former Queen Anne customers, Enzo Schiano and Claire Beliard. To cover the airfreight, McCarthy & Schiering Wine Merchants […]