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Interbrew to take legal action

Interbrew, the Belgian brewer, on Friday effectively accepted that it would be forced to sell Bass Brewers - but in order to limit damage it...

WHO calls on countries to restrict baby milk marketing

The World Health Organisation executive board approved a resolution in Geneva this week urging governments to tighten their controls on the marketing tactics of the...

7000 jobs to go at Sara Lee

US consumer product group Sara Lee Corp. said on Thursday it is eliminating 7,000 jobs, mostly in the conglomerate's underwear and food operations. The job...

Burger giant reports 4Q drop in income

US fast food giant, McDonald's Corp. said on Wednesday that its fourth-quarter net income fell 7 per cent, slightly missing Wall Street's expectations, as European...

Carrefour to stock Argentinian beef

French supermarket giant,Carrefour, announced this week that it would soon begin exporting Argentinian beef to sell on its shelves. Carrefour, the world's second-largest supermarket chain,...

E-marketplace launched for foodservice

A consortium of US food manufacturers and distributors has launched Maverick Xchange, a New York City-basede-marketplace aimed at serving the needs of the $390 billion...

Sara Lee warns of drop in profits

Sara Lee, the US consumer products and food group, announced on Wednesday that current quarterly profits would fall short of expectations, the Financial Times reports....

NZ government puts brakes on dairy merger

New Zealand Minister of Agriculture Jim Sutton said on Tuesday the government had deferred a dairy industry request for regulatory exemption to allow the merger...

Lonza to focus on life sciences

In a rethinking of the organisational structure of the group, Swiss pharmaceutical and agrochemical company Lonza announced on Tuesday that it is to focus on...

Snow Brand times thawing with Nestlé joint venture

Brand battered Japanese Snow Brand Milk Products Co. is join up with Swiss food giant Nestle in a bid to strengthen its knocked business. The...

Hormel gobbles up turkey operation

U.S. meat manufacturer Hormel Foods, on Tuesday agreed to buy US company The Turkey Store, making it the world's world's largest turkey processor. Hormel agreed...

Merck contemplates US listing

Merck KgaA, the 300-year old German pharmaceutical company, said on Sunday it was considering listing several of its US businesses in the medium-to-long term to...

Ajinomoto files lawsuit against Korean company

Ajinomoto and its two European subsidiaries, Ajinomoto Switzerland AG(Zug, Switzerland) and Ajinomoto Euro-Aspartame SA(Gravelines, France), have filed a lawsuit in The Hague against DaesangCorporation of...

Venezuelan brewer bids for Mavesa

Venezuela's Grupo Polar, the brewing company privately held by the Mendoza family, on Monday offered to buy Mavesa, a local food and consumer productsmanufacturer, in...

Iceland attributes organic move for drop in sales

UK frozen foods group, Iceland Group, announced disappointing sales figures for the six months up to 29 December. The company blamed the majority of its...

ADM reports healthy 2Q results

Archer Daniels Midland Co., the U.S. grain producer, announced on Friday that its fiscal second-quarter operating earnings had risen 11 per cent, beating forecasts, as...

EU raises corn gluten tariff

The European Union will raise tariffs on U.S. corn gluten imports next week in response to U.S. tariffs on wheat gluten, a spokesman said Friday,...

Hain buys European snack company

US snack and natural food company Hain Celestial Group, Inc. announced on Thursday that it had acquired privately held Fruit Chips B.V., a Dutch manufacturer...

Unilever likely to raise $2bn from sales

Unilever, the Anglo-Dutch consumer products group, is likely to collect more than $2bn from the sales of its USbakery business and some of its European...

Japan finds banned corn in US imports

Japan is to ask the United States to explain how genetically modified corn banned in Japan has again been discovered in imports from America, a...

Cadbury's buys confectionery in Argentina

UK drinks and confectionery group Cadbury Schweppes plc announced on Thursday the acquisition of the confectionery brand, Mantecol, in Argentina, for $22.6million (15.4 million pounds...

Fyffes freeze internet investment

Fyffes, Europe's second-biggest banana importer, announced on Thursday that it would freeze investmentin WorldofFruit.com - a web-based exchange for freshproduce, the Financial Times reports. The...

Pernod Ricard disposes of unwanted brands

Pernod Ricard, which last month bought Seagram's wines and spirits business in partnership with Diageo, on Wednesday said it could take up to two years...

Cargill and Penford combine starch facilities

US ingredients systems manufacturer Penford Corporation and global agricultural giant Cargill announced plans this week to form a joint venture combining their industrial starch businesses...

Ocean Spray growers vote against sale

The Ocean Spray cranberry co-operative owners and growers voted on Tuesday to reject the possible sale of the organisation, Associated Press reports. In November, three...

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