Discount retailer Aldi saw its UK and Irish businesses swing to a loss of over GBP58m (US$92m) in 2009 on the back of rising costs and investment in expansion. The company booked a loss of GBP58.04m for...

PepsiCo is to create a nutrition business unit to develop new products in a series of food categories. The US food and drink giant said yesterday (7 October) that it has set up a “global nutrition...

Stevia supplier GLG Life Tech is to team up with Indian agribusiness group Global Agri in a bid to develop the market for the sweetener in the country. GLG said on Wedneday (6 October) the two sides will...

Swiss chocolate maker Barry Callebaut has begun producing chocolate sweetened with Stevia extract on an industrial scale, with the first products to be launched by Belgian specialist chocolate maker Cavalier. Callebaut...

A new paper released by Nathan Pelletier and Peter Tyedmers of the Dalhousie University School for Resource and Environmental Studies raises some very thought-provoking questions about consumption and...

Swiss chocolate maker Lindt & Sprungli is launching two chocolate bars under its Excellence brand in the US, having already released the products in the Australian market. Excellence Roasted Almond...

Whilst the action on the pitch at this year’s World Cup may have been a disappointment for some, SABMiller and Crown Holdings Inc. are celebrating success off the field.  A brand new type of beer...

Unilever and EVGA announced last week that they have signed an agreement under which Unilever will acquire EVGA’s ice cream brands (amongst others, Scandal, Variete and Karabola) and distribution...

Tesco posted a 16% rise in profits for the first half of its fiscal year on the back of strong international results. The UK retailer announced yesterday (5 October) that its net profit reached GBP1.19bn...

Kraft Foods has opened a facility in Switzerland to develop new products for a slew of Cadbury-owned confectionery brands, including Trident gum and Halls candy. The US food giant said it had spent US$14m...