Saudi food company Almarai has reported a 29.2% increase in net profit to SAR369m ($98.2m) for the fourth quarter ended 31 December 2012, compared to SAR285.5m ($76m) for the same period in the earlier year. The gross profit for the ...
Tags: Almarai, net profit, fourth quarter
Saudi food group Almarai has booked an increase in full-year profits, boosted by sales of baked goods and poultry. Earnings in the 12 months to the end of December climbed by 26% on the previous year, to SAR1.44bn (US$384m), the ...
Tags: food group, baked goods, poultry
In the year of 2012, in face of the increasingly complicated and severe international situation and arduous tasks of domestic reform, development and stability, the Central Party Committee and the State Council took scientific development ...
US-based Humphrey’s Market is recalling about 2,764 pounds of frozen, ready-to-eat (RTE) and raw poultry products as they were produced without the benefit of inspection, according to the US Department of Agriculture's Food Safety and ...
Tags: Humphrey's Market, RTE, raw poultry products, FSIS
A new food processing facility is set to be opened in Narvacan, Ilocos Sur, Philippines, with an initial investment of PHP165m ($4m). The operation and management of the food facility will be handled by the National Tobacco Administration ...
Tags: food processing facility, Philippines, NTA
UK-based multi-material packaging manufacturer LINPAC Packaging has received patent rights for its new lightweight, mono-material tray for meat and poultry Rfresh Elite. LINPAC Packaging innovation director Alan Davey said the company is ...
US-based Fleming's Prime Steakhouse & Wine Bar has introduced two new entrees - Roasted Lobster Tail and Chateaubriand with Crab Glacage, to its offerings just in time for the Valentine's Day. The new Roasted Lobster Tail features vanilla ...
Tags: US, Fleming's, Valentine's Day menu
In December, the consumer price index (CPI) went up by 2.5 percent year-on-year. The prices grew by 2.5 percent in cities and 2.5 percent in rural areas. The food prices went up by 4.2 percent, while the non-food prices ...
Tags: CPI, China, December 2012, National Bureau of Statistics of China
If you lost power during Hurricane Sandy, don't taste the food to see if it's OK. Instead, follow this advice from the U.S. Department of Agriculture: Keep the refrigerator and freezer doors closed as much as possible. That will keep ...
Tags: Food safety, refrigerator, freezer, food thermometer
The day after Thanksgiving is Roto-Rooter's busiest day of the year. In fact, the folks at Roto-Rooter refer to it as Black Friday—an all-hands-on-deck day as plumbers repair drain pipes and garbage disposals done in by the remains of ...
Tags: Black Friday, plumbers, drain pipes, garbage disposals
A majority of consumers interviewed by the UK Food Standards Agency (FSA) confess to having little knowledge of genetically modified foods, but would still support labelling on products. Almost nine in every ten of the consumers ...
Tags: GM food, Food Standards, genetically modified foods, foods
The Canadian Food Inspection Agency (CFIA) plans to create 16 Centres of Expertise across Canada to provide industry and CFIA inspectors with better, more consistent access to information and advice. This initiative was announced by ...
Tags: Food Inspection Agency, CFIA, grains
Brazilian food company Brasil Foods (BRF) has acquired 33% stake in Avex, Argentina' s leading poultry producer and exporter. Through this deal, the company has also acquired Argentina's Danica group. The transaction is expected to be ...
Tags: Brasil Foods, BRF, Avex, poultry
1. What's "guanxi"? Guanxi is regarded as the central idea in Chinese society with long historical and cultural roots. It is understood and utilized by virtually every Chinese person in greater or lesser measure. Understanding how the ...
Tags: Focus Vision, Culture, China, Customs
It's a staggering figure – around 2.9m tonnes of food and drink is wasted each year, according to Wrap. It's a number that's been troubling politicians and environmentalists but it is a problem that packaging can help tackle. And ...
Tags: Flexibles, food shelf, Wrap, packaging