Kamps' shares plummet after 2001 profit forecast
Shares in Kamps AG, the largest German bakery chain, shed more than 40 per cent on Wednesday, after the company cut its 2001 operating profit forecast by 31 per cent.
News & Analysis on Food & Beverage Development & Technology
Shares in Kamps AG, the largest German bakery chain, shed more than 40 per cent on Wednesday, after the company cut its 2001 operating profit forecast by 31 per cent.
The Australia New Zealand Food Authority (ANZFA) called for a second round of public consultation for the irradiation of herbs, spices, herbal infusions, peanuts, almond, cashews and pistachio nuts.
Philippine conglomerate RFM Corp said it would focus on its core food business after the sale of its lucrative soft drinks subsidiary Cosmos Bottling Corp to a joint venture of Coca-Cola and San Miguel Corp.
Recently, scientists reported that herbal medications may have a negative impact on patients going into surgery.
Saint Louis Sucre (SLS) said it would fight in court to force the Polish state treasury to sell it Poland's biggest sugar group, Slaska Spolka Cukrowa, under a deal signed last year.
Dutch food group Koninklijke Wessanen nv announced the acquisition of Canadian health food company Preisco Foods Ltd. and Jentash Specialty Foods Limited Partnership.
Leading Mexican beer brewer Grupo Modelo will likely show moderate earnings growth for the second quarter of this year, with U.S. sales offsetting a flat domestic market.
According to French scientists, Camembert cheese tastes the way it does because it goes runny when it is ripe.