Casino stresses underlying growth
Underlying growth in both Casino's French and foreign operations was not enough to offset the ongoing negative impact of exchange rates in the first half, the retailer announced yesterday.
Archives for July 23, 2003
EU may block Polish meat imports
The European Union is considering blocking imports of Polish meat products because many of the country's processing plants are likely to miss agreed deadlines to improve hygiene standards.
'Trifling' agreement to boost chilled dessert sales
Allied Domecq, the world's second largest spirits producer, has teamed up with Parmalat UK to launch a range of premium dairy desserts featuring three of its brands - Malibu, Tia Maria and Harveys Bristol Cream.
Profit plunge for Lonza
Higher raw material and energy costs, matched against a weak US currency, sent sales for Swiss fine chemicals producer down 3.7 per cent with operating profit plunging by 16.5 per cent.
Curry crisps washed down with bubble-gum tea
Innovation continues to drive new product development. Recent highlights from Mintel’s GNPD (Global New Products Database) reveal a pint of ale ice-cream, rice-based FABs and bubble-gum tea.
NGOs challenge EU guidelines on GMOs
Environmental campaigners yesterday condemned the European Commission's recommendation on co-existence between genetically modified (GM) and non-GM crops, claiming it 'could lead to the death of organic food and farming.'
ADM answers corn competition concerns
Agribusiness giant ADM will dissolve a joint venture with US corn sweetener company after the two companies stuck an agreement under the auspices of a federal judge, reports the Washington Post.