New Zealand meat processor Silver Fern Farms has booked a loss in the year to the end of September as higher lamb prices hit global demand. The company racked up a net operating loss of NZ$31.1m (US$25.4m) in the 12-month period, down ...
Tags: meat processor, lamb, net operating loss, farm
Fonterra,the New Zealand dairy group,has announced plans to to raise up to NZ$525m(US$416m)for a new shareholder trust. The Fonterra Shareholders'Fund,revealed today(26 October),is designed to give third-party shareholders exposure to the ...
The UK government's Carbon Reduction Commitment (CRC) Energy Efficiency Scheme does not help datacentres become more efficient, according to Adriaan Oosthoek (pictured), vice-president of not-for-profit industry association Data Centre ...
The Valspar Corporation has announced plans to expand its research and development campus and renovate its former headquarters building, located in downtown Minneapolis. This world-class environment for developing industry-leading coatings ...
Tags: Valspar, coatings, developing differentiated coatings, polymers
Some Lloyds TSB customers have been unable to get money from ATMs or use online customer services as a result of a system problem. Twitter account said: "We're sorry that customers are experiencing problems with some of our services, ...
Tags: Lloyds, System Error, ATM Problems, ASAP
Multinational dairy co-operative Fonterra plans to close its century-old Cororooke facility,near Colac in south-west Victoria,Australia,by June 2013 as it is too expensive to be upgraded. The closure will be carried out in a phased manner ...
Tags: upgrade, closure, phased manner, jobs
Heinz is preparing to launch a line of Heinz Hot Sauces, which will be available throughout the UK from next month. The range of chilli sauces contains three varieties: chipotle & garlic, green jalapeño and yellow habanero. The ...
Tags: hot sauces, chipotle and garlic, green jalapeño, sauce, chilli
First Milk,a leading dairy farmer co-operative in the UK,has secured a£120m refinancing deal to fund its expansion into the food sector over the next three years. The deal was provided by Lloyds TSB Commercial Finance and ...
Tags: refinancing deal, expansion, food sector
Two major organisations from Lincoln today revealed plans to build a new business park close to the city centre, hoping it will become a hub for science and technology companies. The University of Lincoln and the Lincolnshire Co-operative ...
Tags: Innovation, Park Plans, organisations
UK retailer Nisa has said it is joining trade association Co-operatives UK. The member-owned food and drink retailer said the move would allow it to "strengthen" its mutual style business model. With a turnover of more than GBP1.5bn ...
Tags: food and drink retailer, Nisa, independent food and drinks
Irish dairy and ingredients group Glanbia has said it is still in"constructive"talks on a proposed joint venture in Irish dairy processing with its majority shareholder. Glanbia said today(26 June)it is in discussions to sell 60%of its ...
Tags: dairy processing, shareholder, joint venture
Shareholders of New Zealand dairy giant Fonterra have voted in favour of implementing the firm's controversial Trading Among Farmers scheme. The resolution for the scheme received a 66.45%vote in support at Fonterra's Special Meeting ...
Tags: shareholders, Farmer Trading Scheme, vote
Chinese dairy giant Mengniu has admitted the existence of safety irregularities at the plant of its ice cream supplier Tianfu Dairy,in response to a safety report which was posted online. Recently,a student from Xi'an university had ...
Online shopping giant Shop Direct has deployed software to automate business processes without eating into the IT department's busy timetable. The online retailer, which has over 10 million registered customers and sales worth ...
Tags: Shop Direct, automate business processes, IT department, Blue Prism
Christmas lights are lights used for decoration around Christmas. The custom harks back to the use of candles to decorate the Christmas tree in upper-class Protestant homes in 18th-century Germany. Christmas trees displayed publicly and ...
Tags: Christmas light