PepsiCo is facing a possible payout of US$1.26 billion (A$1.4b) after not responding to a lawsuit earlier this year.
Two men, who claim PepsiCo took their idea for bottled water, won the judgment after...
Speaking at the English Farming and Food Partnership’s (EFFP) sixth annual conference, Siôn Roberts EFFP’s Chief Executive warned that, despite signs that the economy will improve next year,...
Australia’s largest soft drink producer today announced they remained on track to meet their guidance for the full year, while Mother and Glacéau vitaminwater continue to outperform expectations.
“The...
Global food giant Nestle has admitted that it should have reacted faster to competitors’ price cuts to avoid slowing sales.
Speaking during an interview with the Wall Street Journal, chief executive...
Kraft Foods is reportedly preparing to formalise its original takeover proposal for UK confectioner Cadbury within a week, without increasing its offer price.
In early September, Cadbury rejected an initial...
As the deadline for a takeover offer edges ever closer, expectations of a hostile bid for Cadbury from US manufacturer Kraft are growing stronger.
UK authorities last month announced a November 9 deadline...
Coca-Cola Amatil boss Terry Davis has signed a new agreement with the soft drinks firm that is likely to ensure his position beyond 2011.
The deal will see him employed on term based a 12-month rolling...
A caped calculator character called Unit Man will soon be seen in supermarkets and grocery catalogues across Australia in an endeavour to assist consumers better understand unit pricing – which was...
All eight US food manufacturers participating in the Smart Choices Program labelling scheme have agreed to drop the logo from their products amid claims the label could mislead consumers.
The eight companies...
Former WA Premier Alan Carpenter has taken on a senior position with Australian conglomerate Wesfarmers just over a year after losing the state election and raising the ire of the firm for his stance against...
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