US snack manufacturer Snyder's-Lance is to close its bakery facility in Ontario as part of a company-wide review. In a statement yesterday (25 February), the firm said its plant in Cambridge will close on 17 May. The company did not say ...
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Small and medium-sized companies around the country are being invited to a series of one-day workshops on Government support for business, research and development (R&D) and innovation. One such event takes place at the ATRiuM, Cardiff on 6 ...
The product recall in mid-January when equine DNA was found in supermarket burgers has rapidly turned into an international scandal exposing complex cross-border supply chains. Seven top tips could help to take the drama out of your ...
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US distributor United Natural Foods has cut its full-year profit outlook, despite booking an increase in first-half profit. The company today (26 February) booked an 18.8% increase in profit in the six months ended 26 January, to ...
Tags: Natural Foods, Foods, profit
Canadian food group Maple Leaf Foods said lower restructuring costs helped boost profits in its full-year. In the six months to the end of December, earnings were up 40.5% to C$122.7m (US$119.3m), the company reported today (26 February). ...
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Deerfield Beach, Florida-based CD International Enterprises, Inc. announced Monday that it has entered into a framework agreement with Minera MAPSA S.A., a Peruvian mining and exploration company, to establish a joint venture to explore ...
Tags: iron ore venture, iron ore, iron, ore
Kenya s East African Portland Cement plans to expand after returning to profit during the six months ended December, boosted by cost cutting and improved cement sales. Portland, Kenya s No. 3 cement producer, said on Monday it was ...
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Tycoons Group, one of the major wire products manufacturers in both Taiwan and Thailand market, said the company's orders for wire rod and wire products have been booked until this April. It is expected that the local price of wire products ...
Tags: Tycoons Group, wire products
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
Thorntons has booked higher first-half earnings, which were boosted by lower costs and a rise in sales. The UK chocolate maker said profit before tax and exceptional items rose to GBP5.3m (US$8m), up from GBP3.1m in the comparable period ...
CBD, Brazil's number one retailer, has reported a jump in earnings from its food stores on the back of higher sales. The retailer, also known by its trading name of Grupo Pao de Acucar, booked net income of BRL834m from its grocery ...
Tags: CBD, retailer, food stores
Australian pie company Patties Foods has booked a drop in first-half profits as margins were hit by increased competition. Earnings in the six months to the end of December fell 16.5% to A$9.1m (US$9.4m). Patties had forecast the fall in ...
The ‘1st Social and Environmental Excellence Awards 2012’ (SEE Awards 2012) have been given to few Bangladesh apparel manufacturing units for their achievement in social compliance and environmental protection. The awards ...
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Communications regulator Ofcom has notified the European Commission of proposals to reduce prices for high-speed data links after finding that BT had "significant market power" in the £2bn-a-year market. Wholesale leased lines allow ...
HP's fiscal revenue in the first quarter of 2013 was $ 28.4 billion, a year-on-year decline of 5.6%, while net profit of $ 1.2 billion, a year-on-year decline of 16%. Dell's fiscal revenue of the fourth quarter in 2012 was $ 14.3 billion, ...
Tags: PC industry, HP, Dell, IBM, computer market