Focus:
US-based consumer goods company Sara Lee’s fiscal 2012 second quarter net earnings slumped 44% to $469m, compared to $833m in the previous year, due to discontinued operations and lump-sum charges,...
Bel Brands USA, a subsidiary of Paris-based Fromageries Bel, has unveiled plans to invest $100m to build a cheese production plant in Brookings, South Dakota, US.
Helped by price increases and continuing cost savings, US-based chocolate manufacturer Hershey has reported a fourth quarter net income rise of 4.9% to $142m and a growth in net sales...
US-based chocolate manufacturer Hershey plans to invest $10m over the next five years in programmes to educate cocoa farmers on modern farming techniques and lower child labour, as a part...
Flour Mills of Nigeria has announced plans to invest N7bn ($43.2m) to open an edible oil extraction plant and a refining facility in Ibadan, Nigeria, as a part of the...
Global soft drinks giant Coca-Cola plans to invest $1bn in Mexico this year, as a part of a five year $5bn investment plan.
The US Food and Drug Administration (FDA) has detained nine shipments of orange juice from Brazil and Canada after finding traces of the fungicide carbendazim.
UK food and farming minister Jim Paice has unveiled the Exports Action Plan, which could enable UK food and drink companies to boost sales in emerging markets.
US-based food company Pinnacle Foods has officially opened a 17,000ft² expansion of its canned meat facility at Fort Madison, Iowa, US.
UK jam maker Duerr's is looking to acquire Hartley's, which has been put on sale by its owner Premier Foods as part of its strategy to lower debts and avoid...
