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Consumers more aware of probiotics

The benefits of eating foods with probiotics, or live microbial ingredients, have been known for a century. However, the demand for probiotic foods has risen...

Safeway reports increase in earnings

On July 9, Safeway Inc., the American grocery chain, reported a 16 per cent increase in second-quarter earnings before a one-time charge. However, same-store sales...

Announcement about Nestlé-Schöller deal on hold

The Swiss food giant Nestle SA said on July 9 that it will be several weeks before there is any announcement regarding its planned takeover...

NZ stock exchange blocks Allied Domecq moves

The New Zealand Stock Exchange takeover panel has barred UK drinks group Allied Domecq from buying more shares in wine-maker Montana for a further 21...

Solid growth for Woolworths

Australia's top grocer Woolworths Ltd delivered a double-digit sales rise and steady growth outlook on Monday as investors, searching for cheer in a dour overall...

BASF's takeover of Takeda's vitamin approved

The Competition Commission, the British antitrust authority, this month approved the merger of the vitamins activities of BASF AG, the German chemical group, and of...

Nestlé savours ice cream

Dreyer's Grand Ice Cream, Inc., the American manufacturer of Dreyer's Grand Ice Cream, Inc., the American manufacturer of premium ice creams confirmed on July 6...

Monsanto acquires Limagrain Canada Seeds

On July 4, the Canadian division of agriculture and biotechnology giant Monsanto Co. said on Wednesday it had purchased Limagrain Canada Seeds Inc., a small...

Price of bread to increase, processor warns

Food processors in Australia warned retailers this week that bread prices are set to rise by as much as 15 cents a loaf.This is the...

Soya milk company reveals financial loss

Australia's largest producer of whole bean soya milk So Natural Foods said on Wednesday it would post a modest loss for the fiscal year 2001....

San Miguel expands food business

San Miguel Corporation, the Philippines top food and beverage firm, is interested in acquiring two local condiment firms as part of a strategy to expand...

Innovation makes healthy foods more attractive

According to Dr. Mary Ann Augustin, there are many challenges for the Australian food industry in the development and production of new foods, reports Industry...

GM imports to China accepted only under new rules

China will cautiously allow imports of genetically modified products as long as they conform to new rules announced in early June, a senior Agriculture Ministry...

Mexican juice meets British confectionery

Mexican fruit juice company Jugos del Valle said on Wednesday it was looking at the possibility of partnering with British confectionery and soft drinks group...

A partial disposal may satisfy Interbrew

On July 4, Interbrew was given hope that it might be able to keep some of Bass Brewers when the Office of Fair Trading admitted...

GM corn found in white corn products

The genetically modified yellow corn StarLink, made by the Franco-German pharmaceutical group Aventis, and whose presence in food products last fall resulted in widespread recalls,...

Dispute over alleged import ban

Confusion arose when both Canada and the United States announced that Brazil had halted beef and livestock shipments from the two countries because of concerns...

SLS purchase of Polish sugar group on hold

On July 3, Poland's treasury minister said that the ministry may review the sale of Poland's biggest sugar group, Slaska Spolka Cukrowa, to Saint Louis...

Wessanen selling its stake in Campari

The Dutch food group Wessanen NV announced on July 3 that it had sold a stake of about 30 per cent in Italian drinks company...

Ahold buys Brazilian hypermarkets from Carrefour

Dutch supermarkets and retail group Koninklijke Ahold NV said on Tuesday its unit Bompreco had bought five hypermarkets in Brazil from French retailer Carrefour for...

UB stake sale attracts major players

About half a dozen major brewing groups, including Heineken and Carlsberg, are eyeing a 26 per cent in India's largest beer maker United Breweries (UB)....

Foreign firms expanding activities in the ingredients market

International food companies such as Nestle, the food and beverage giant, and Heinz, the American food group, are expanding their Korean operations for marketing food...

Sara Lee buys bakery giant

Food and consumer goods maker Sara Lee Corp. said on Monday it will buy No. 2 U.S. bakery Earthgrains Co. for about $1.7 billion in...

Quaker gives Pepsi more time

Cereal and sports-drink maker Quaker Oats Co. on Monday gave proposed buyer US drinks giant PepsiCo Inc., an additional 30 days to sell its All...

Coca-Cola revising joint venture with P&G

The American beverage group Coca-Cola is expected to modify the terms of its $4bn juice-and-chips joint venture with Procter & Gamble after criticism that under-performing...