As discussions with major shareholder Kirin regarding their takeover proposal continue, Lion Nathan has announced a 6.9% rise in net profit after tax for the first half – an announcement that was...

Nestlé’s focus on becoming a health and wellness food group is resonating with consumers, their CEO has told investors at their Annual General Meeting in Switzerland. “The main force behind...

Twitter, the micro-blogging platform that challenges users to think in 140 characters or less, is taking the world by storm, and businesses are searching for ways to capitalise on its flourishing popularity. The...

South African based supermarket group Pick ‘n Pay has reported a significant turnaround in the operations at their Australian chain – Franklins. The grocer, which operates over 80 stores throughout...

Fourteen brands will be entitled to place the ‘whatsnew? Product of the Year’ label on their products after coming out on top in a survey of Australian consumers. In its second year in Australia,...

Technology developed by Food Science Australia (FSA) to improve the way fruit juices and other food products are pasteurised, is being used commercially in a new Melbourne food processing facility opened...

Australia’s second largest alcoholic beverages group is currently discussing the merits of a takeover offer by their major shareholder. Japan’s Kirin Holdings, which has a 46.13% stake in Lion...

Sunbeam is conducting a voluntary recall of pistachio nuts after being informed by its Australian supplier of pistachio nuts that the pistachio nuts may be contaminated with the Salmonella bacteria. Symptoms...

Glutenfree Bakery is conducting a voluntary consumer level recall of Lamingtons due to an undeclared allergen. The product contains eggs which are not declared on the label and may pose a health risk to...

Tesco, the UK’s leading supermarket operator and world’s third largest retailer, reported their highest ever profit overnight but has been criticised by an analyst for a “short-term approach”...