Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
Land Rover has confirmed that the compact SUV convertible Range Rover Evoque is expected to go on sale in 2016. The company has confirmed with a release of film showing SUV convertible being tested on Crossrail tunnels below London The ...
Tags: Range Rover Evoque, Land Rover
US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...
As more global fast food chains rush to China for expansion, they also have to face the costly headaches in a fast-changing food supply environment plagued by repeated safety scandals. Fast-food giant McDonald's Corp recently announced ...
Tags: fast food, Food Production Monitor
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
Health campaign group Action on Sugar (AoS) has called for the ban on the sale of energy and sports drinks to youngsters after its research found that some of these products had up to 20 teaspoons of sugar. The research found the ...
Tags: Health Group, Energy Drinks
Hayssen Flexible Systems, a company that designs and manufactures Vertical Form Fill Seal (VFFS) baggers and Horizontal Form Fill Seal (HFFS) flow wrappers for the food packaging industry, has launched a new manufacturing value stream at ...
Samsung has revealed it is considering incorporating its dual-edge display technology on this year’s upcoming Galaxy Note 5 handset. The South Korean tech giant made the announcement in Barcelona, at the annual Mobile World Congress ...
Tags: Samsung Galaxy, Note 5 Edge, MWC 2015
In order to better exploit the Indonesia market, further strengthen SINOTRUK brands visibility and reputation and create "overseas relatives" service brand, recently, SINOTRUK import and export company sent two after sale service trainer to ...
Tags: SINOTRUK, Indonesia Market
Nestle Pakistan is now providing pasteurised fresh milk as part of a pilot project, seeking to establish a new segment in $23bn dairy market in the country. Bloomberg reported that the firm has been supplying the product to close to 100 ...
Tags: Nestle Pakistan, Fresh Milk
Microsoft is going for the XL moniker to better highlight the large screen available on its phones. The Lumia 640 XL comes with a 5.7-inch HD IPS LCD screen with a resolution of 1280x720 pixels, Gorilla Glass 3 coating, and Glance screen ...
Tags: Consumer Electronics, MWC
The Samsung Galaxy S6 release date has been confirmed, with the newly unveiled flagship phone to hit UK retailers on April 10. Set to launch in 20 countries in a little under six weeks, the April 10 S6 release date will see the handset go ...
Tags: Consumer Electronics, Samsung
The Samsung Galaxy S6 will be available in five different colours at launch, the Korean manufacturer has confirmed. With the handset having taking its official bow at MWC 2015 today, March 1, it has been revealed the flagship phone will ...
Tags: Consumer Electronics, Samsung
Luxury car manufacturer Alfa Romeo has unveiled a new Giulietta Collezione designed for 'sophisticated' customers. The company will showcase the new special editioan at the Geneva Motor Show, which will take place from 5 March to 15 ...
Tags: Luxury car, Auto Parts