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 per cent fall in...
Zentaris, the biotechnology branch of Degussa, the German chemicals
group, has postponed its initial public offering until further
notice, adding further...
Kraft Foods Inc., an American branded foods and beverages company,
announced that it has signed an agreement with Cadbury Schweppes
Australia Limited...
Dole Food Co., the largest U.S. fresh fruit and vegetable producer,
on Monday forecast improved second quarter earnings benefiting from
cost cutting measures.
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 to...
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
completing a merger, after...
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, Reuters...
On June 15, Procter & Gamble, the consumer products giant,
reported that further restructuring charges will lead to a net loss
for the next quarter,...
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...
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...
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 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...
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,...
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...
Shareholders in Australian food ingredients group Burns, Philp
& Co Ltd backed a controversial A$240 million equity raising at
an extraordinary general...
Starting early next year, Nestle will launch a wide-ranging
restructuring to start in Switzerland, Chile, Bolivia, Peru,
Malaysia and Singapore, where...
British food equipment maker Enodis Plc, tipped as a takeover
target this week, revealed on Thursday it had received a number of
inquiries about a possible...
US soy milk producer White Wave Inc. has filed suit against Suiza
Foods Corp. and Dean Foods Co. claiming Suiza's planned $1.5
billion acquisition of...
Presidents from Mexico and Central American nations could sign
executive agreements on Friday to support a Latin American coffee
destruction plan, El...
The French water company Perrier announced it is buying one of
several springs in Tennessee, US. The deal was finalised last week
and the water from...
The U.S. Centers for Disease Control said on Wednesday it found no
evidence linking an unapproved bioengineered corn variety to
allergic reactions reported...
In its latest effort to cut costs and consolidate operations,
Chicago-based food and consumer goods maker Sara Lee Corp. plans to
trim nearly 10 per cent...
Ketchup giant H.J. Heinz Co. announced on Thursday a fall in its
fiscal fourth-quarter profit. The announcement fell in line with
expectations, before...
Kraft Foods Inc. delivered investors a bland first course on
Wednesday as its shares eked out only a small gain in their debut
one day after an $8.7 billion...
Leading food and beverage firm Nestle India Ltd has said in its
annual report it was hopeful of continued good results in 2001 but
it would be difficult...
Kraft Foods Inc., the largest U.S. food company, raised $8.7
billion on Tuesday in the second-largest U.S. initial public
offering ever, winning investor...
Irish food group and takeover target Golden Vale said on Wednesday
that cost pressures would result in lower margins in the first half
but that the outlook...
The European Union's meat processing liaison group, Clitravi, has
called on the European Commission for more support to boost the
industry following foot...
As part of its strategy to expand its soy protein business in Asia,
DuPont, the American company providing scientific solutions in food
and nutrition,...
The American beverage company PepsiCo Inc., moving to expand its
portfolio of noncarbonated beverages, announced it is introducing a
new drink through...
Schouten Products,a full subsidiary of the the Dutch Royal Schouten
Group NV is building a new plant for the production of SoyLife® soy
germ isoflavone...
After years of exporting the best coffee, Brazilian consumers will
finally be able to drink it too. Brazilian coffee producers have
finally realised...
The mad cow and hoof-and-mouth diseases affecting the beef trade
worldwide added to the higher dollar and good harvests of corn and
soybean in Brazil,...
