Global food prices are on the ascent again with the FAO Food Price Index – a food basket composed of cereals, oilseeds, dairy, meat and sugar – registering four straight monthly rises.
Fortunately,...
A greater focus on food security in Australia from both sides of politics has been welcomed by Australia’s leading organisation representing food and grocery manufacturing, the Australian Food and...
Russia’s National Security Council is reportedly considering a ban on food imports in a bid to stimulate domestic production.
With food production viewed as an issue of national security, Russian...
The European Commission has extended its deadline for reviewing Kraft Foods’ proposal to acquire Cadbury after the US group offered concessions to ease antitrust concerns.
The Commission, which had...
Goodman Fielder has announced the sale of its Commercial division edible fats and oils operations to Cargill for $240 million.
The ASX-listed manufacturer announced they would proceed with a sale earlier...
The Australian Securities Exchange has requested information from dairy firm Warrnambool Cheese and Butter Factory as to why they withheld news of the unsolicited takeover offer from the public domain.
WCB...
Fast-food giant McDonald’s, one of the better performed major businesses in the world during the global financial crisis has reported moderate sales growth in November.
The maker of the Big Mac said...
Australian retail food brand manager and franchisor Retail Food Group has questioned the validity of recent media reports regarding their Indian expansion plans, labelling them “grossly inadequate”.
“Retail...
Warrnambool Cheese and Butter Factory has reiterated their lack of interest in the current takeover offer before them as rumours swirl as to the identity of the mystery bidder.
The company received an...
US chocolate giant Hershey has been in contact with Nestle over a possible joint bid for Cadbury, according to the latest reports on the ongoing saga.
An offer between the two could challenge the hostile...
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