Charoen Pokphand Foods' (CPF) subsidiary CPF Investment has agreed to acquire Westbridge Food Group (WFGL) for approximately THB2.6bn (£60m). WFGL is a UK-based company expertizes lie in sales of meat and ready-made products to ...
The latest release of emails obtained by Wikileaks shows Hillary Clinton’s campaign had considered a couple of tech luminaries as potential vice presidential candidates. Apple CEO Tim Cook as well as Microsoft’s Bill and ...
Tags: Apple, rough food
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
A recent study in Australia reveals that majority of the people consume three-times more junk food than the recommended daily intake. The study was conducted by Australia's national science agency Commonwealth Scientific and Industrial ...
Tags: junk food, daily intake
Melbourne-based confectionery company Betta Foods has entered into administration, in an attempt to save the business by selling it. Established in 1954, Betta Foods produces liquorice and marshmallow products under the Capricorn and ...
One of Saudi Arabia’s largest food producing firms Savola Group has entered the final round of negotiations with Takween Advanced Industries for the sale of its packaging unit, Takween. Savola had announced the signing of a ...
Tags: food, retailing, Agriculture
The beverage industry in the Philippines has opposed a proposal to impose additional tax on sugar-sweetened beverages, claiming that the tax would not tackle the obesity problem. The House Bill 3365, which was authored by Nueva Ecija Rep. ...
Tags: Beverage, Soft Drinks, Agriculture
People eat more breakfast cereal, by weight, when flake size is reduced, according to researchers from Penn State University. The study, which was published in the March 2014 edition of the Journal of the Academy of Nutrition and ...
Tags: Agriculture, Food
One of the most widely misunderstood food groups today, oils and fats can be both crucial and detrimental to your health, depending on what type they are and how they are processed. But with so many inconsistencies and mistruths emerging ...
UK has unveiled a new front-of-pack nutrition labelling system, which will make it easier for consumers to make healthier choices about the food they eat. The new labelling system is colour-coded red, amber and green, and is designed to ...
Tags: Agriculture, Food, nutrition labelling system, Packaging, Printing
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
UK-based investment vehicle Silk Invest has purchased a "significant minority stake" in Ethiopian biscuit maker NAS Foods. The move once again highlights the growing opportunity presented by the rapidly expanding markets in Africa. ...
China, under a new regulation has mandated all packaged food manufacturers to list allergens on food labels, which will be effective April next year. The mandatory regulation has covered eight major foods or food groups including wheat ...
Tags: new regulation, packaged food, food labels, list allergens