Archive for the 'Business' Category

30 Jun

The New Californian Olive Trend

A new trend is changing the olive industry in the north state, now it’s all about the oil olives and the expensive liquid gold they produce. In the olive city, there’s a new boom surrounding the fruit, Vice President of Crane Mills Brian Crane says, “The olive oil industry is what wine was decades ago.” […]

06 Jun

Viability of Timbercorp’s forests in doubt

The administrators of troubled agricultural projects manager Timbercorp say they have not yet determined if the company’s forestry projects are still viable, or insolvent like its olive and almonds projects. Timbercorp was placed in administration in April, with liabilities estimated at the time of $930 million. Mark Korda of administrator KordaMentha said on Thursday that […]

03 Jun

Spanish & Italian Olive Oil fraud’s adulteration

By Andrew Weil, Q: I understand that a magazine reported that a lot of the olive oil from Italy is adulterated with lesser oils and described ongoing fraud in the olive oil business. Do you have any information about this? A: I have read the article you mention, it reports that fraud remains a major […]

30 May

No recession for Olive Oil in UK

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 […]

29 May

Canada: Olive oil imports were half sunflower

A Toronto-area food importer and distributor has been fined for importing an olive/sunflower oil blend labelled as “extra virgin olive oil” in 2006. Jan K. Overweel Ltd., which markets the Emma, Casa Italia and Cortina Foods brands and other imported products, was convicted in Toronto in February under the federal Food and Drugs Act, with […]