Dole Food Co has agreed to help deliver a water filter project in local communities in Guatemala, in order to settle a lawsuit over its environmental practices in the country. Dole said late last week that it will work with non-profit ...
Tags: Dole Food, food, fresh produce
Japan's Itochu is eyeing a stronger foothold in China after agreeing to take a 33% stake in Canadian pork processing group HyLife. Itochu said late last week it has acquired a 33.4% stake in Manitoba-based HyLife for JPY5bn (US$56m). ...
Tags: Canadian pork, Itochu, pork producers
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Dole Food Co. has reported a smaller third-quarter loss - but its shares fell after Wall Street forecast a profit. The produce group booked a net loss of US$13.9m, or a loss per share of $0.06 for the quarter to 6 October. However, ...
Tags: Bottom Line, Shares, packaged food business
A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal. On Wednesday (12 September), Dole, which is in the ...
Tags: Food business, Food industry, Food, food sector
Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla ...
Tags: food, Bright Food, milk, dairy, investment, chilled soup
A raft of first-quarter results stories this week from the likes of Danone and Nestle, and full-year results from Tesco have kept analysts busy. In addition to Tesco's sales figures, the group's CEO Philip Clarke revealed further details of ...
Tags: Danone, Nestle, nutrition business, food, salmonella