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Senator warns against IBP-Tyson merger

A Democratic senator from South Dakota urged the Bush administration this week to review the expected merger of poultry giant Tyson Foods Inc. and meat...

Heinz will keep its tuna business

Bill Johnson, chief executive of HJ Heinz, the American consumer food group, announced on June 14 that he was not ready to abandon its tuna...

Kirin Beverage's new cold teas for the summer

The Japanese non-alcoholic beverage company Kirin Beverage is reaching back to the most traditional of Japanese refreshments: tea. After a long dependence on a sweet...

Slump in profit for tea giant

Shares of Tata Tea Ltd, India's largest tea producer by volume, slumped 4.9 per cent in a flat market on Wednesday, reacting to the 20...

Postponement of IPO for Zentaris

Zentaris, the biotechnology branch of Degussa, the German chemicals group, has postponed its initial public offering until further notice, adding further evidence of the tough...

Beverage brands back into Kraft's portfolio

Kraft Foods Inc., an American branded foods and beverages company, announced that it has signed an agreement with Cadbury Schweppes Australia Limited to end its...

Instant food on the go

Hong-Kong based instant food maker GeoMaxima Holdings Ltd said on Tuesday that its controlling shareholder was in talks with Sinopec National Star Petroleum Corp about...

Dole Foods upbeat for 2Q

Dole Food Co., the largest U.S. fresh fruit and vegetable producer, on Monday forecast improved second quarter earnings benefiting from cost cutting measures. Dole...

Tetra Pak expands activities in Brazil

Tetra Pak, the Swedish packing company, which has a 98 per cent stake in the Brazilian carton market, is to announce its entry into the...

Cuban sugar harvest falls short

Cuba's eastern Holguin province met its sugar plan on Monday, only the sixth of 13 sugar-producing provinces to do so, as the 2000-01 harvest drew...

Tyson - IBP forced to go ahead

US poultry giant Tyson Foods Inc. on Monday said it met with US beef and pork processor IBP Inc. over the weekend to work on...

New ingredients division for US flavour company

US flavour company Technology Flavors & Fragrances, Inc. (TFF) announced this week the formation of an Ingredients Division. TFF claims that the new Ingredients...

UK ethnic food maker reports profit rise

Britain's WT Foods Plc, the target of a management buyout offer, said on Tuesday it was trading in line with expectations. The company, one...

Performance boost for Fyffes

Irish fruit importer Fyffes Plc said on Monday it had made a positive start to the year, boosted by improved conditions in the banana market,...

P&G restructuring proves to be costly

On June 15, Procter & Gamble, the consumer products giant, reported that further restructuring charges will lead to a net loss for the next quarter,...

CampaMed LLC now part of Optigenix joint venture

On June 14, Optigenix International, a joint venture between DB Capital Management, an American investment company, and Optigene-X, LLC, a company providing anti-aging nutraceuticals, announced...

A yes vote for NZ dairy merger

Farmer shareholders of New Zealand's major dairy processors, NZ Dairy Group and Kiwi Co-operative Dairies, on Monday approved plans to merge most of the New...

Innovative flavours improve market success

Innovative flavourings have become the key to success in the Thai instant noodle market, say executives of Thai Preserved Food Factory Co, makers of Wai...

Unilever warns UK about Euro policy

Niall FitzGerald, chairman of Unilever, the Anglo-Dutch consumer product giant, has called on Tony Blair to clarify his policy on euro entry within a year,...

Mini or massive, says new Hershey Foods CEO

The new chief executive officer of US confectionery company Hershey Foods Corp. has some simple advice for the company: "Make it bite-sized or big". ...

International activities boosted Tesco's results

Tesco, the British supermarket group, reports a 14 per cent increase in sales during the first quarter of 2001, due to strong international sales and...

Hungarian food maker reports profit increase

Hungarian canned food maker Globus on Monday posted a pre-tax profit of 327.6 million forints ($1.15 million) in the first five months, compared with a...

P&G slims down fat substitute

Consumer products giant Procter & Gamble Co. will cut back capacity on the controversial fat substitute Olean, which never lived up to the company's expectations,...

John Lewis investing in online food retail

The British department store and supermarket group, John Lewis Partnership, is to increase its investment in Ocado, the Internet food retailer, as part of a...

Unilever to sell Iberia foods

Anglo-Dutch consumer products company Unilever said on Thursday that it plans to sell its Iberia Foods Corp., a food distributor for the Hispanic-American market, as...

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