Hormel Foods will acquire the Skippy peanut butter brand from Unilever for a consideration of around US$700m, it emerged today (3 January). Unilever, which announced it was "considering options" for Skippy in October, announced this ...
Tags: Hormel Foods, Skippy, acquisition, peanut butter brand, food industry
US agribusiness giant Cargill is to invest US$15.8m in the expansion of its case-ready meat facility in Marshall, Missouri. The investment will include the addition of a new production line for its value-added food products. The move ...
Tags: Cargill, agribusiness, expansion, investment
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Dutch retailer Jumbo Group has booked an increase in full-year sales, boosted by both acquisitions and like-for-like sales growth. just-food articles are only available to registered users and members.Join now for increased access There ...
Tags: Jumbo Group, full year sales, acquisitions, company news
Business Standard reported that state controlled miner Odisha Mining Corporation will submit a fresh application for mining lease of Karlapat bauxite deposits after completing due verification of forest and non-forest land and quantum of ...
Tags: OMC, Karlapat bauxite, Kalahandi
Microsoft has released a quick fix for a vulnerability in older versions of its Internet Explorer browser that is actively being used by attackers to take over computers. The vulnerability affects IE versions 6, 7 and 8. The latest ...
Tags: Microsoft, quick fix, vulnerability, IE
Apple raised CEO Tim Cook's salary by 55% for 2012 and awarded him a $2.8 million bonus, but said the chief executive's pay was still "significantly below the median" of comparable firms. "Mr. Cook remains significantly below the median ...
Nestle has won an appeal to protect the unique shape of its KitKat chocolate bar in the European Union, overturning a previous ruling in favour of Kraft Foods-owned Cadbury. just-food articles are only available to registered users and ...
Tags: Nestle, KitKat chocolate bar, food industry, company news
A Chinese steel company is set to open a pipe mill this spring,bringing hundreds of jobs to an area already thriving from the oil and gas industries and injecting a multi-billion dollar boon to surrounding cities and towns over the next ...
Microsoft on Saturday confirmed that Internet Explorer (IE) 6, 7 and 8 contain an unpatched bug -- or "zero-day" vulnerability -- that is being used by attackers to hijack victims' Windows computers. The company is "working around the ...
Tags: Microsoft, IE, unpatched bug, vulnerability
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
Tags: Family Dollar Stores, earnings, gross margin pressure, company news
Tianjin Port(Group)Co Ltd,the largest port operator in North China,has announced its cargo throughput reach record high of 476 million metric tons in 2012,reflecting a YoY increase of 5.3%. Source reported that last year,the port's ...
Tags: Tianjin Port, cargo throughput, record high, 2012
This summer,Fives DMS commissioned a cold rolling mill for TISCO at its plant in Taiyuan(that was able to achieve a maximum speed of 1,200 meters per minute for cold rolling stainless steel. This pulverizes the previous world record,which ...
China Knowledge reported that Beijing Benz Automotive Co Ltd a joint venture established by Beijing Automotive Industry Holding Co and German auto giant Daimler AG,has said its auto sales exceeded 100,000 units this year,18 time more than ...
Tags: Beijing Benz, China Knowledge, E Town
President of the state oil company of the Azerbaijani Republic Mr Rovnag Abdullayev said that construction of the Star refinery in Turkey will start this year to launch it in 2016. The facility will cost about USD 6 billion,30%of which ...