Shares in Archer Daniels Midland (ADM) fell by 6 per cent yesterday
after the US grain processor's quarterly earnings fell short of
expectations because...
Irish food companies stand to lose IR£45m (Euro57m) within a week,
in the event of a foot and mouth outbreak in the republic,
according to figures released...
US fast food giant McDonald's warned on Thursday that fears over
the safety of European beef, which dragged first quarter profit
down 16 per cent, would...
Further to the divestment of its dairy activities Koninklijke
Wessanen nv, the international food group, announced on Thursday
that its US dairy companies,...
Tony Blair is losing the battle to reassure voters about British
produce,according to a new poll which reveals that three-quarters
of the nation no longer...
Remy Cointreau, the French spirits group, reported on Thursday a
rise of 8.1 per cent in its revenues for its 2001 fiscal year,
helped by the purchase...
"Each independent company will keep its position as leaders in
their market,"commented Stefano Meloni, president of Italian-French
group Eridania Beghin-Say,...
CP Kelco ApS, a newly created food-gums company, has sued Pharmacia
& Upjohn Inc, alleging its Monsanto Co unit provided
misinformation in order to complete...
A severe business backlash and the loss of hundreds of million baht
in revenue are quickly emerging as Thai consumers voice concern
over genetically modified...
The Fédération Nationale des d'Expliotants Agricoles (FNSEA), a
French agricultural trade union organisation, expressed its hostile
position towards any...
China has become the number one vegetable and fruit producer in the
world today, producing 13.3 per cent of the fruit and 65.7 per cent
of the vegetables...
Six months after the deregulation of Australia's dairy industry,
milk prices have fallen by as much as 40 cents a litre with the
likelihood of further...
Sales of soft drinks in Korea are expected to rise to 1.1 trillion
won (US$ 821 million) in 2001, a 6 per cent growth from over 1
trillion won (US$ 747...
Japanese food processor Marudai Food Co. said this week that it is
likely to record a group net loss of 20.7 billion yen (US$ 165.8
million) for the 2000...
The 2nd Mindanao Seaweed Congress, to be held in the Philippines
April 25-26, will aim at expanding the region's seaweed sector
beyond simple production...
A giant European mill is due to emerge in the next few days. To be
called Intermill Paris, the new French and European company, will
be an alliance between les Grands Moulins de Paris, Euromill and
Intermeunerie.
UK supermarket chain Tesco is set to confirm its position as one of
the UK's most profitable retailers when it unveils its results on
Tuesday, the Financial...
Dutch supermarkets group Koninklijke Ahold NV announced on Friday
that it is to sell the tea and wine activities of its unit Marvelo,
which manufactures...
The New Zealand government is likely to approve the mega-merger
between the major forces in the dairy industry and give it the
necessary exemption from...
Danish sugar, food ingredients and packaging group Danisco
announced this week that is is to sell its flexible packaging unit
to a new joint venture led...
French dairy and biscuits Groupe Danone said it has halted
construction of a global research center in Palaiseau, near Paris,
after the Ile-de-France...
Consumer and environmental groups around the globe have urged US
President Bush to stop all exports of U.S. corn and food aid that
may be contaminated...
Hicks, Muse, Tate and Furst, the buy-out firm, beat HJ Heinz's
offer for parts of bankrupt US food group Vlasic, by agreeing a
deal to buy all of Vlasic's...
Commenting on a report by the U.S. Food and Drug Administration on
food industry practices related to allergens in food products, (see
FoodNavigator.com...
Dutch-based natural food distributor and marketer Koninklijke
Wessanen announced this week an expected agreement to buy a 41 per
cent stake in Dutch company...
U.S. agrifood giant Archer Daniels Midland Co. this week took
control of the cocoa assets of Sifca, Ivory Coast's last big
locally controlled commodities...
Nestlé has pulled its probiotic LC1 Go! live yoghurt drink from the
supermarket shelves less than three years after it was launched
with a £2m TV ad campaign,...
The European Commission this week cleared the acquisition of
Unilever's European Culinary Brands Businesses (ECBB) by US group
Campbell Soup Co. The sale...
The European Commission on Tuesday confirmed that measures imposed
on France over foot-and-mouth disease would be relaxed and the sale
and export of non-treated...
Despite labelling regulations as many as 25 per cent of
manufacturers failed to list common ingredients that can cause
potentially fatal allergic reactions,...
Shares in Australian beer and wine company Foster's Brewing Group
rose to a new all-time high on Monday, IndustrySearch reports. The
report claims that...
Glenmorangie, the last independent distiller of single malt Scotch
whiskies, on Monday took on the production and bottling of
Drambuie, the liqueur made...
Consumer products giant, Unilever NV, is considering an end to its
64 year old production operations in Sri Lanka as rising costs and
labour action choke...
French dairy and biscuit company Groupe Danone SA, announced on
Thursday plans to shut down six factories and to cut almost 1,200
jobs to trim costs and...
British high street chain Marks and Spencer is to close all its
overseas stores the company announced on Thursday. The company made
the move to halt falling...
