Archives for August 26, 2002

← 2002

Nippon to let meat spin

Japan's Nippon Meat Packers is considering spinning off its meat operations, after a devastating beef mislabelling scandal sent consumer confidence plunging.

Ahold bids in Chile

Dutch retailer Royal Ahold said on Monday that it would bid about $50 million for the shares of Chilean supermarket firm Santa Isabel that it did not already own.

Beer before wine...

Evidence about the health benefits of moderate drinking is mounting, with new research showing that beer is just as good for you as red wine.

Nestlé emerges as favourite in hot chocolate war

Food conglomerate Nestle has emerged as the favourite to win a multi-billion auction for American chocolate icon Hershey Foods although investors took a cautious approach to reports a firm offer was already on the table.

Soy efficacy questioned

Research has yet to find evidence soy and garlic supplements have any health benefits at all, in spite of their current, and increasing, popularity, experts in the US agreed last week.

China to up food processing

Large-scale Chinese food companies will set the direction for the development of China's food industry in the next few years, an international exhibition in Beijing shows.