It is the general belief today that low blood cholesterol is key in
reducing cardiovascular disease. This opinion has now been
challenged by data from the Honolulu Heart Program, a large
epidemiological study of cardiovascular disease.
ConAgra Foods Inc., the second-biggest U.S. food company, is to sue
French company, Groupe Danone SA's Dannon to block it from using
the name "Snack Pack" for its yoghurt containers.
Philippine soft drink maker Cosmos Bottling Corp has been valued at
$281.4m in a deal under which it will be sold to San Miguel Corp
and the Coca Cola Co.
Tyson Foods Inc. said it had completed its tender offer for beef
processor IBP Inc., bringing closer to fruition an exhaustive
takeover bid that included temporary cancellation of the deal and
shareholder lawsuits.
Belgian brewer Interbrew said on Monday it had agreed to acquire
the whole of privately-owned German beer brewer Beck GmbH & Co
for 3.5 billion German marks.
Hain Celestial Group announced two new developments to expand the
distribution of its brands throughout Europe, as part of the
company's international growth strategy.
American food manufacturers endorsed a measure pending in Congress
to make it illegal to slip leaflets into food packaging without the
manufacturer's consent, bolstering a law designed to prevent
tampering with consumer products.
After months of baited breath soft drinks giant PepsiCo Inc.
finally obtained the approval, albeit by a hair's breadth, to buy
Quaker Oats Co. and its successful Gatorade brand.
North American food company Kraft Foods Inc., announced on August
1, that it would acquire the Central and Eastern European
businesses of German-based chocolate maker Stollwerck AG.
Sandwich makers using bread baked with herbs and spices can provide
their customers with a stronger fresher flavour by using loaves
made with encapsulated extracts, according to UK company TasteTech.
Hershey Foods Corp. announced it acquired Brazilian chocolate and
confection maker Visagis, which will give the US chocolate maker a
manufacturing presence in South America.
The Federal Trade Commission (FTC) is getting ready to vote as
early as Wednesday on whether to try to block PepsiCo Inc.'s
proposed $13.8 billion acquisition of Gatorade sports drink maker
Quaker Oats Co.
The latest campaign against genetically modified foods took place
in Canada on Tuesday when consumer groups, scientists and farmers
joined forces to demand the federal government postpone approval of
genetically modified wheat.
Retail prices of livestock and poultry are expected to increase in
the Philippines as local producers predict a possible rise in the
prices of animal feeds due to the import ban on meat and bone meal
imposed by the Agriculture department.
The Health Ministry of Jordan will start fortifying flour with iron
and folic acid to combat iron deficiency anaemia (IDA) in
cooperation with the World Health Organisation and UNICEF.
German chemicals group Bayer AG is edging towards a deal to buy the
agrochemicals arm of Franco-German drugs group Aventis SA for
around Euro 7.25 billion, including debt.
New World Pasta, a maker and marketer of pasta, said on Monday it
has acquired the remaining pasta businesses of the Borden Pasta
Group from Borden Foods Corp. for $43.1 million.
US sensory analysis firm Arthur D. Little Inc. has created the
first reduced fat ice cream containing omega-3 long chain
polyunsaturated fatty acids (LCPUFAs) from fish oils.
Mexican soft drinks firm Coca-Cola Femsa said Monday it planned to
use its strong cash balance as a "war chest" for the possible
acquisition of smaller bottlers.
Carrefour SA, the French supermarket giant, unveiled plans to build
a major procurement and distribution centre in the southern Chinese
province of Guangdong.
The US Food & Drug Administration (FDA) is currently reviewing
a food-contact notification for use of irradiation with ethylene
vinyl alcohol, a substance used in plastic packaging films.
Altus Foods, a functional foods joint venture between Quaker Oats
and Novartis Consumer Health, has launched a line of foods designed
to lower cholesterol.
The world's biggest bottled water companies are pouring into Mexico
where notoriously polluted and unhealthy tap water has created one
of the world's most vibrant markets for H2O in bottles.
The Philippines' top food and beverage conglomerate, San Miguel
Corp, is currently in talks with the management of Tanduay Holdings
Inc. to buy the rum manufacturer.
Burger King Corp. said that parent company Diageo Plc will transfer
some foreign assets to Burger King in the event of a public
offering of the hamburger chain's stock, in order to ease the
company's transition to independence.
Researchers in the Netherlands have found that apples, pears and
other fruits rich in certain plant compounds may help protect the
lungs from chronic disease.
China is now the world's largest beer producer, however its output
of barley has dropped and barley's price has risen by a margin of
10 per cent in one year.
Philippine food firm RFM Corp said on July 26 that its board has
approved in principle the sale of a stake in Cosmos Bottling Corp
to the country's food and beverage conglomerate, San Miguel Corp.
H. J. Heinz Company and Kagome Company Limited of Japan signed
agreements for a strategic alliance whose goal is to enable both
companies to explore ways to align their global operations and
product portfolios to accelerate sales...
UK government officials said on Wednesday they had started to
review compensation payments to farmers hit by Britain's
foot-and-mouth epidemic amid concern over valuations of slaughtered
livestock.
French food group Danone reported a 6.5 per cent rise in first-half
profit on Wednesday and an advance in operating margins despite
higher raw materials costs.
A French supermarket chain said on Wednesday it was withdrawing
pasta noodles from some of its 440 shops nationwide after finding
traces of rat poison in one batch.
Kikkoman Corporation received a US patent for a proanthocyanidin
derived from grape seed extract, and an isoflavones from soy sauce
cake extract, to be incorporated into food.
French dairy cooperative Groupe Sodiaal on Wednesday denied media
reports it was planning to sell its Yoplait yoghurt business and
had contracted bankers Rothschild & Cie to see through a sale.