Business

Dec. 30, 2024

Iraq Announces Plans to Rejoin Olive Council

The Iraqi parliament is expected to ratify the 2015 International Agreement on Olive Oil and Table Olives, a necessary step to rejoining the International Olive Council.

Dec. 30, 2024

Pakistan's Olive Oil Industry Gains Momentum

The annual Oliva Gala Festival in Islamabad brought farmers, private sector companies, and government officials to discuss the latest harvest and the future of the olive oil sector.

Dec. 30, 2024

Greeks Celebrate Christmas with Traditional Olive Oil-Based Cookies

The season’s fresh olive oil and simple ingredients are used to make melomakarona and kourabiedes, two celebrated Greek Christmas delicacies.

Dec. 30, 2024

New Deoleo CEO Inherits Legal and Financial Challenges

Cristóbal Valdés, a seasoned executive, will steer the world's largest olive oil bottler through legal challenges and debt restructuring.

Dec. 19, 2024

Olive Oil Producers Embrace Eco-Friendly Packaging

From new packaging material to reduced plastic designs, companies are reducing environmental impact and appeal to conscientious consumers.

Dec. 16, 2024

Turkey’s Olive Sector Aims for Record $1B in Exports

Olive oil and table olive exports could bring $1 billion to Turkish producers. However, previous export bans have hampered efforts.

Dec. 14, 2024

Political Turmoil Complicates Efforts to Revive Syrian Exports

After overthrowing the autocratic rule of former President Bashar al-Assad, Syria’s new governing coalition said it would enact free-market reforms and stimulate exports.

Dec. 10, 2024

After Devastating Year, Brazilian Producers Defy Odds

Torrential rainfall during the spring followed by unprecedented autumnal flooding caused more than $3 billion in damage in Rio Grande do Sul.

Dec. 10, 2024

Italian Producers Grapple with Market Instability

Record olive oil imports paired with lowered yields have compounded the worries of the sector.

Dec. 5, 2024

An Accusation of Widespread Fraud Sparks Controversy in Spain

The general secretary of the giant Spanish cooperative Dcoop accused bottlers of selling sunflower oil blends labeled as olive oil.

Dec. 2, 2024

Labor Shortage Cripples Spanish Olive Harvest

Table olive producers are struggling with a shortage of workers, which is compounded by concerns about increasing foreign competition and the possibility of higher tariffs.

Dec. 2, 2024

Dry Heat Followed by Torrential Rain Curb Croatian Yields

The extreme weather swings from summer to autumn in Croatia resulted in low levels of oil accumulation but did not compromise quality.

Nov. 25, 2024

Carrefour Mandates Nutri-Score Labels for French Suppliers

The supermarket chain said the company would calculate its Nutri-Score ratings for suppliers who fail to comply.

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Nov. 7, 2024

China Shows Interest in Becoming Olive Council Member

With a fledgling olive oil production sector and a growing appetite for the product, China has signaled interest in becoming the latest International Olive Council member.

Nov. 4, 2024

Italy Mints Special Labels for Its PDO and PGI Olive Oils

The Italian Polygraphic Institute and State Mint craft the labels to guarantee the traceability of extra virgin olive oils with geographical indications.

Nov. 4, 2024

Starbucks Abandons Olive Oil-Infused Coffee Line Oleato in North America

The decision comes as the company reported a third consecutive quarter of declining sales and seeks to streamline its menu.

Oct. 31, 2024

Turkey Lifts Ban on Bulk Olive Oil Exports

The move comes when stocks are high in Turkey and non-existent in Europe. Another bumper harvest is expected.

Oct. 31, 2024

Study Suggests Stink Bug Caused Mysterious Fruit Drop in Italy

The brown marmorated stink bug has been identified in Italian and Greek olive groves. Increasing evidence now links its presence to an early fruit drop in northern Italy.

Oct. 31, 2024

Two Australian Producers Celebrate Decade of Success at World Competition

They overcame pests and climatic challenges to earn seven awards at the 2024 NYIOOC World Olive Oil Competition.

Oct. 31, 2024

Producers in Portugal Anticipate Another Bumper Harvest

Production could reach 190,000 tons after a wet winter replenished aquifers. However, labor remains a challenge for some growers.

Oct. 29, 2024

App Uses AI to Identify Top-Ranked Olive Oils

The Olive Oil Times World Ranking can identify award-winning olive oils by analyzing thousands of images and data points.

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