Nestlé, the world’s biggest buyer of coffee, will invest more than half a billion US dollars (CHF 500 million) in a wide-ranging plan, endorsed by the Rainforest Alliance, that will address responsible...

UK retailer Asda said it is “working hard behind on the scenes” on plans for its Netto stores, as it awaits approval from the Office of Fair Trading (OFT) for the purchase.Asda paid GBP778m...

Japanese exporters may be suffering from the historically high yen, which traded at a record JPY84 to the US dollar this week – but for Japanese food importers and retailers it is boom time.In the...

Nestlé on Wednesday completed the sale of its remaining shares in Alcon to Novartis, representing around 52% of Alcon’s share capital, for USD 28.3 billion.Nestlé acquired Alcon in 1977 for USD...

The recent Salmonella outbreak in eggs in the U.S highlights a crucial need for an effective product tracing system. According to the Institute of Food Technologists (IFT), a nonprofit scientific society...

Casey’s General Stores has completed the latest round of defences against its hostile suitor Couche-Tard, when it announced the preliminary results of its modified “Dutch auction” self...

Swiss food giant Nestle has opened two premium chocolate production lines in Russia. The two lines, which were transferred from the Tuchkovo factory in the Ruzsky district, Moscow, to the Samara region,...

Cinnamon extract could help reduce risk factors associated with heart disease and diabetes, according to new research. In the investigational study, the water-soluble cinnamon extract, which contains...

Chocolate giant Mars Inc has cut the saturated fat content across its brands in the UK. From September, Mars will cut the saturated fat in its Mars, Snickers, Milky Way and Topic bars by 15%, the firm...

Has the long-sought magic potion in society’s “battle with the bulge” finally arrived? An appetite-control agent that requires no prescription, has no common side effects, and costs almost...