Archives for September 15, 2002

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Hershey...and the story continues

Wall Street analysts and bankers generally dismiss the idea that a multibillion-dollar sale of Hershey Foods could be killed by local opposition in Pennsylvania. But legal experts are not so sure.

New rice to benefit malnourished?

Rice grains with less phytic acid could mean improved nutrition for the world's malnourished, more nutritious animal feed and less potential for water pollution from manure, reports the US Agricultural Research Service (ARS) this week.

Chocolate fever

After cocoa bean costs soared to 15 year highs chocolate lovers could soon be paying heavily for their indulgence. Shortages in the world market supply of cocoa beans forced prices up by 50 per cent in London last week - a rise not seen since 1987.

More woes for Ahold over Chilean subsidiary

Ahold's enforced takeover of the Santa Isabel chain in Chile has not been welcomed by everyone, with one of the company's minority shareholders taking legal action to force the Ducth group to increase its offer.

Pernod to sell cider activities, focus on core business

The sale of the cider unit CSR - announced last week by Pernod Ricard - will see the disposal of the last remaining non-core business, allowing the French group to finally devote all its efforts to building its wine and spirits empire.

First genomic blueprint of broccoli's anti-cancer agent

Researchers at the Johns Hopkins Bloomberg School of Public Health have identified the blueprint of genes and enzymes in the body that enable sulforaphane, a compound found in broccoli and other vegetables, to prevent cancer and remove toxins from...

EU would pay for US sanctions, claims US official

Europeans could pay more for everything from toys to heavy machinery if Brussels follows through on a threat to impose sanctions in a long-running trade spat with Washington, a US trade official said on Friday.