Officials in southern Italy have broken up an alleged racket selling fake olive oil, confiscating 42 tons of the extra virgin variety worth almost US$1 million.
Authorities confiscated 71 tons of what was referred to as an 'oily substance' in plastic tanks.
Incidents of falsified extra virgin olive oil have increased in recent years, due to both the popularity of the Mediterranean diet and the effects of climate change, which has greatly reduced production in southern Europe due to devastating droughts, according to the International Olive Council. Cottages, burial plots and jewelry: How the capital gains tax changes affect property other than your home
Aircraft landing gear maker Heroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion.Air Canada must inform public that some Canadians are excluded from class action: Quebec judge 'Tears come to my eyes': Track star and family granted extension to stay in Canada after deportation orderWould-be homebuyers who backed out of a deal to purchase a B.C. property in a hot real estate market have been ordered to pay the seller the difference between what they offered and what he was able to sell the home for when the market cooled.'Swarm of earthquakes' rattle off B.C.
Renowned artist Alex Janvier has died at the age of 89. Officials at the Assembly of First Nations annual general meeting announced his death and held a moment of silence.'Almost fell off my chair': N.S. premier 'shocked' by new designated encampment sites for Halifax homeless
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boaters find US$1 million of cocaine floating off Florida KeysRecreational boaters found US$1 million worth of cocaine floating in the ocean off the Florida Keys.
Read more »
TSMC nears US$1 trillion valuation as target upgrades boost rallyThe bullish chorus on Taiwan Semiconductor Manufacturing Co. is growing even louder as a stock rally puts its market capitalization closer to the US$1 trillion milestone.
Read more »
Bloomberg Philanthropies gifts US$1-billion to medical school, others at Johns Hopkins UniversityStarting in the fall, the gift will cover full tuition for medical students from families earning less than $300,000
Read more »
Northvolt loss triples to US$1 billion on battery ramp-up troubleNorthvolt AB reported a widening loss for last year after the company struggled to ramp up production of battery cells for electric cars at its factory in Sweden.
Read more »
Italy Issues €6 Million Fine Over Chinese Cars Badged as ItalianItaly’s antitrust authority fined a local automobile company €6 million ($6.4 million) after determining that vehicles originating from Chinese manufacturers including Chery Automobile Co. were illegally mislabeled as Italian-made.
Read more »
Italian coaches are dominating dugouts at UEFA Euro 2024Italy continues a tradition at the European Championship with Italian coaches — this time five — in charge of national teams at the tournament in Germany. All but Tedesco studied at the Italian federation’s coaching school, which is directed by former coach Renzo Ulivieri, who is also the president of the Italian soccer coaches’ association.
Read more »