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From now on, don't miss a thing: Our newsletter for the food & beverage sector brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
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25-Feb-2019 - Several Israeli start-ups have joined a handful of companies around the globe trying to develop lab-grown meat, something they see as a solution to the needs of the world's ever-growing population and burgeoning demand for food. The product has been known under different names, including cultured ...
25-Feb-2019 - Before the local elections at the end of March, the Turkish government is punishing "greedy" vegetable traders with fines totalling two million Turkish lira (about 330,000 euros). The newspaper "Hürriyet" reported on Thursday that the government had ordered controls on markets because of ...
25-Feb-2019 - Kraft Heinz Co. (KHC) said it received a subpoena in October 2018 from the U.S. Securities and Exchange Commission associated with an investigation into the Company's procurement area, more specifically the Company's accounting policies, procedures, and internal controls related to its ...
22-Feb-2019 - The first international salmon producers have confirmed raids by the EU Commission on suspected illegal agreements. The Commission's competition regulators carried out an inspection of Scottish Sea Farms on Tuesday, the Norwegian fish company SalMar announced. The company is in "constructive ...
22-Feb-2019 - The Italian food group Ferrero has temporarily stopped Nutella production at its large plant in northern France due to a lack of quality. No commercially available product is affected by the situation, Ferrero's French subsidiary announced.The problem was identified on Wednesday evening at the ...
20-Feb-2019 - Consumers in Europe may have paid excessive prices for Atlantic salmon in the past. The EU competition authorities announced in Brussels on Tuesday evening that companies had been searched unannounced in several EU countries on suspicion of illegal agreements. The employees of the EU Commission ...
20-Feb-2019 - French food company Danone SA (DANOY.OB) on Tuesday reported that its full-year 2018 net income, Group share, declined 4.1 percent to 2.35 billion euros from 2.45 billion euros last year. Earnings per share declined 7 percent to 3.63 euros from3.90 euros last year. However, recurring net ...
19-Feb-2019 - Hundreds of workers are trying to figure out their next step after the abrupt closure of a Kroger bakery in Ohio eliminated 411 jobs. The Cincinnati-based company announced the closure of the 90-year-old bakery in Columbus on Feb. 11. Kroger cited the "outdated layout and age" of the plant's ...
Organic Revenue Up 4.6%
18-Feb-2019 - PepsiCo, Inc. (PEP) reported fourth-quarter core EPS of $1.49 compared to $1.31, prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 17 percent year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report ...
14-Feb-2019 - French wine and spirits exporters say they are "in the total fog" over Brexit. With less than two months before Britain's scheduled departure from the European Union, the head of the French federation of exporters of wines and spirits warned of the damaging effect of an exit without an agreement ...
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