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Drastic reduction in production for French beef processor

French beef processor Charal reported a loss of 100 million French Francs inNovember because of the crisis over bovine spongiform encephalopathy. Turnoverin November dropped by...

Novartis buys BASF pharmaceuticals

BASF, the German chemicals group, has agreed to sell its genericpharmaceuticals activities to Novartis for Euro 115 million, La Tribunereports this week. BASF employs staff...

Opportunities for beef imports to Korea

The World Trade Organisation (WTO) appellate body this week upheld a previousdecision that a range of measures on the import, distribution, and retail saleof imported...

Boom time for New Zealand dairy industry

New Zealand?s dairy industry reported record exports during November, strongdemand abroad and thriving milk production are likely reasons for such healthyfigures. Last month, the number...

Franco-British team favourites for Seagram drinks

In the auction for Canadian drinks company, Seagram, the Franco-British teammay be the favourite. This week British group Allied Domecq pulled out of thebidding leaving...

US organic standards good for industry, study suggests

According to a recent study by market research group, Promar International,new organic labelling standards implied by the U.S. Department of Agriculturebode well for food and...

General Mills reports healthy 2Q

US food giant, General Mills Inc., reported a 4.6 per cent increase in netincome for its fiscal second quarter and said integration plans for itspending...

Cirio makes offer for Del Monte

Italian food and beverage group Cirio announced this week that it is to make afirm cash offer to buy shares in SA food company Del...

Danone to expand in Europe and developing world

Danone, the French food group, confirmed this week its desire to increaseactivities in Europe and the developing world, French financial newspaper LesEchos, reports. The group...

Raisio Benecol signs agreement with Argentina

Raisio Benecol Ltd, part of the Finnish margarine and functional ingredientsgroup Raisio Group, has signed an agreement to deliver its sterol-derivedcholesterol-lowering functional food ingredients to...

Allied Domecq pulls out of Seagram bid

Allied Domecq announced on Wednesday that it has pulled out of the auction forSeagram's spirits and wine business, the Financial Times reports. The UKdrinks group...

Carbohydrate alliance formed

Dow Chemical and Alchemia Pty Ltd have agreed a research and productionalliance to develop production facilities for carbohydrate-based drugs andnutraceuticals, Chemical Market Reporter writes. The...

BSE figures increase in France

A new report has found the incidence of mad cow disease in France is moreprevalent than previously thought. France's Food Safety Board said in apreliminary...

Ireland positive of Egyptian turnaround

Joe Walsh, Irish agriculture minister, said this week he is confident thatIreland's £200 million beef trade with Egypt will be restored. Egypt announcedlast week that...

Offers submitted for Seagram drinks

Three groups were understood to have submitted offers for the Seagram spiritsbusiness on Monday, on the first trading day of the group's new parent,Vivendi Universal,...

Activists stop GM soybeans

Activists of the Greenpeace environmentalist group prevented a ship on Mondayfrom unloading a cargo of soybeans which they said were genetically modified,Reuters reported yesterday. The...

Tropicana uses Internet to promote health claim

U.S. beverage marketer Tropicana Products Inc. is to use the Internet topromote the new health claim that potassium-rich foods, such as Tropicana PurePremium orange juice,...

Henkel-Ecolab venture to combine into Ecolab

Henkel KGaA, the German-based industrial and consumer products group,announced recently that it will combine its 50 per cent stake in theHenkel-Ecolab joint venture with U.S...

Kraft and Nabisco to sell brands

Kraft Foods, Inc., the US food group, recently announced its plans forintegrating operations of Nabisco with its Kraft Foods North America and KraftFoods International businesses....

UK government launches health initiative for developing world

The UK government's Department for International Development has launched anew policy document outlining its strategy to tackle health problems indeveloping countries, the British Medical Journal...

Marketplaces merge

US e-markeplace INC2inc announced a merger with dairy industry consortium,Dairy.com, this week, and the formation of parent company, Momentx . Momentxwill combine the technology of...

Coca-Cola earnings to disappoint

Coca-Cola on Thursday said earnings for fiscal 2001 are likely to fall belowexpectations and could be further weakened by the weak European currency, theFinancial Times...

Carrefour opens in Japan

French supermarket giant Carrefour unveiled this week its first hypermarket inJapan, the South China Morning Post reports. The company plans to open another12 supermarkets in...

Diageo and Pernod agree battle plan

Diageo, the global spirits company, and Pernod Ricard of France announced yesterday that they had signed a joint venture agreement covering their bidding arrangements for...

Solpower launches enzymes

Solpower Corp., US announced recently that it has formed an Enzyme ProductsDivision. The new division will focus on enzyme technologies for bothindustrial and the consumer...

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