Netto protects Spar from deepening losses
The first half of the year was not a good one for Spar, the German retail group, but it would have been even worse if the Netto hard discount unit had not performed so well.
Archives for September 1, 2002
Support for sugar industry
The Australian federal government is to bailout the struggling sugar industry in order to prop up towns along the Queensland and northern NSW coast, Trade Minister Mark Vaile said on Sunday, IndustrySearch.com reports.
Cadbury, Nestlé to share Hershey?
Nestle and Cadbury, the two European confectionery giants, are reported to be discussing a joint bid for Hershey, the US chocolate maker. But while a joint bid is unlikely, both firms could profit from the sale.
Ajinomoto invests in lysine
Japanese seasoning producer Ajinomoto said on Monday that it is to double its Brazilian unit's annual production of amino acid-based Lysine for animal feed products by the end of 2004.
Chirac attacks CAP reform
The European Commission said on Friday it would press ahead with its proposals for radical reform of farm policy regardless of an outburst of opposition by France's President Jacques Chirac.
Plant not so 'weedy'
A chemical isolated from a weed that grows in mountain meadows in the western United States kills the cells of an aggressive brain cancer that affects some children, researchers at John Hopkins university have found.