Steel Market Update Steel Buyers Sentiment Index was measured at +16 down 7 points from the +23 registered during the middle of November survey and back to the exact same level measured at the beginning of November. Any reading above zero ...
Dutch retailer Ahold has said it expects to see its margins recover in the Netherlands after conceding they were "weaker than expected" in the first half. Ahold this morning (22 August) booked an increase in first-half profits but its ...
Tags: Ahold, margins recover, profit, food industry
Australian food manufacturer Goodman Fielder is to shut three bakery facilities in a bid to create a "more sustainable business" in the sector. Goodman Fielder, which is undergoing a major review of its operations to make it more ...
Tags: Bakery Plants, Profits, bakery facilities
NYMEX January crude and ICE Brent futures settled lower Friday as bullish headline numbers on US unemployment were not enough to keep oil futures from weakening on macroeconomic concerns. January crude settled 33 cents lower at ...
Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share
Arla Foods and Fonterra have teamed up with Danish analytical solutions provider Foss to develop a screening method to determine whether milk has been tampered with for financial gain. The'fingerprint'-based screening technique will ...
Tags: Arla, Fonterra, Foss, China, Denmark, milk, dairy, safety, melamine
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
Swiss food company Nestlé has reported an 8.9% increase in profit to CHF 5.1bn ($5.2bn) for the first half of 2012, compared to CHF4.7bn ($4.8bn) in 2011, helped by higher pricing and strong demand from emerging markets. Sales ...
Malaysia is establishing a Centre for Food Safety and an International Food Safety Training Laboratory.The project is likely to cost the government MYR56m($20m). The construction of the center,which will be located at Salak ...
Tags: Food Safety, International Food Safety Training Laboratory, cost
Owens Illinois, a glass bottles firm, has predicted a gloomy outlook with respect to the demand due to a poor wine market in Australia. Pending sales contracts, reportedly with Foster's and Lion Nathan, in addition to stretched union ...
Tags: glass bottles, wine market, bottle maker
Marks and Spencer Group Plc (M&S) reports half year results 2012/13, 26 weeks ended 29 September 2012. 2012/13 half year operating review: The market continued to be challenging through the first half of the financial year, with ...
Tags: M&S, half year, results, operating review
Stabilising Tesco's UK market share and achieving stable UK trading margins should be key goals for the retail giant,according to City analyst Shore Capital. Tesco's priority should be stabilising its UK market:Shore Capital Its ...
Tags: Tesco, UK market share, UK trading margins, stable
The government of Canada is planning to amend the maple products regulations to provide greater consumer confidence in the safety and purity of maple syrup and to boost export opportunities for Canadian maple producers. The proposed ...
Tags: maple products, regulations, maple syrup
A Portland Cement Association(PCA)forecast has predicted a 7.5%growth in 2012's cement consumption,up 50 basis points from its summer forecast.However,the PCA has said that instability in the political landscape makes projecting 2013 ...
Tags: Cement, Consumption Growth, Fiscal Cliff
The average cost of going solar in the US continued to decrease significantly in 2011 and through the first half of 2012,according to a report released today by the Department of Energy's Lawrence Berkeley National Laboratory.Solar ...
Tags: solar, energy, Tracking the Sun, report