US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
Vitalus Nutrition and Gay Lea Foods have entered into a joint venture to invest in a new dairy processing plant in Manitoba, Canada. The companies will process dairy ingredients and butter at the plant in Winnipeg, Manitoba. The joint ...
Tags: Vitalus Nutrition, Gay Lea Foods, dairy
Campbell Soup Company has appointed Ed Carolan as president for Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and ...
Orchard Valley Harvest has added two new Wellness Mix varieties to its growing portfolio of Non-GMO Project verified fruit and nut mix Multi Packs. These two new offerings, Omega-3 Mix and Antioxidant Mix, are now available at select ...
Corbion has been granted a European patent for its unique vinegar powder. This patented technology covers a composition and process for producing the powdered vinegar, and use of it as a preservative in meat and other food and beverages. ...
Tags: Corbion, Vinegar Powder
Boulder Canyon Authentic Foods to bring back its popular Thanksgiving meal-flavored potato chips. Turkey & Gravy and Pumpkin Pie kettle-cooked potato chips will be available at select grocers nationwide in 5-ounce bags with a suggested ...
Tags: potato chips, Boulder Canyon
China and the Philippines on Thursday pledged to improve economic ties through cooperation. During a meeting with Philippine President Rodrigo Duterte at the Great Hall of the People, Chinese Premier Li Keqiang said China and the ...
Tags: Economic Ties
Chinese luxury spending is expected to reach 120.4 billion U.S. dollars in 2016, up 3 percent year on year, according to a report on Friday. The growth rate is down from last year's 10 percent as a sluggish economy dampens consumption of ...
Tags: Luxury Spending
European aircraft manufacturer Airbus Group SE said it expects to deliver its first A350 to Chinese airlines in the second half of next year and is bullish about the country's demand for widebody aircraft, fueled by fast-growing long-haul ...
Tags: Aircraft, Transportation
Donations and needed supplies to assist organizations leading the hurricane relief and includes $500,000 for recovery efforts in Haiti. BENTONVILLE, Ark., October 11, 2016 – Walmart and the Walmart Foundation have made a commitment ...
Tags: hurricane relief, Donations, needed supplies
Walmart Wellness Day is the largest single-day health event in the nation For a four hour period on Oct. 15, nearly everyone in America will have access to free health screenings, education, services and products as Walmart stores ...
Tags: free health check-up
Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will ...
Tags: Jack Balagia, vice president and general counsel, Randall Ebner
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
ICYMI: Customer service managers “Go Yellow!”, a Walmart associate begins a role at the Pentagon, exclusive Star Wars merchandise arrives, we’re baking up sweet treats, and our latest training academy opens in San Antonio. ...
Tags: #FiveThingsFriday, Star Wars, sweet treats
Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today announced that it has begun mass production of the Exynos 7 Dual 7270. It is the first mobile application processor (AP) in the industry designed ...