Carrefour quits Chilean market
Europe's largest food retailer Carrefour has followed its decision to withdraw from the race to acquire Ahold's Brazilian assets with a further reduction in its presence in Latin America.
Archives for January 5, 2004
The future of traceability
US-based Orbid Corporation, a developer of secure track and trace systems used in the identification and protection of products, has announced a partnership with CCL Label, the company responsible for packaging and labelling many of the world's best...
New E.coli tests on the cards
New tests that slice off the time taken to identify dangerous strains of the harmful bacteria Escherichia coli are the focus of new research from US government scientists.
Dawn of new era for Bunge bakery business
Bunge, the world's top oilseed processor, last week said it was looking to cream off a gain of about $2 million, or 2 cents per share, on the sale of its US bakery business to privately-held Dawn Food Products.
Londis set to be this year's Safeway?
What started out as a simple takeover of the UK-based convenience store group Londis by Irish counterpart Musgrave now looks set to become this year's equivalent of the Safeway affair, with a number of rival bids thought to be on the table.
Hypermarkets lift share of Hungarian market
The hypermarket store format is expected to take an ever increasing share of Hungarian food and drink retail sales over the next few years, according to a report in Menedzsmentforum.
BSE in US to accelerate organic beef growth
Organic meat sales are set to surge in the United States as BSE sparks consumers' fears for food safety, reports UK research company Organic Monitor.
New owners for Russian groups?
Investment fund Russia Partners II has acquired the Moscow-based Ice-Fili ice cream producer and confectionery group Zvezdny, according to a report in the Vedomosti newspaper.
Bioethical council in favour of GM crops
Raising a hand for the pro-GM camp, UK scientists assert that there is an ethical obligation to explore the benefits that genetically modified crops could offer people in developing countries.
Magnesium to cut type 2 diabetes?
A diet high in magnesium may help prevent the development of type 2 diabetes, especially in people who are overweight, suggests evidence reported in two new studies out this month. The findings add weight to theories that vitamins and minerals could...
Whole soy protein, not isoflavones, lower cholesterol
Soy isoflavones may not offer the benefits to heart health often attributed to soyfoods, finds a new study that suggests that another part of the plant could be responsible for its cholesterol-lowering ability.
Japan to dominate FAB market
Japan looks set to regain its crown as the leading market for flavoured alcoholic beverages (FABs), despite continued strong growth in the market which usurped its position, the US.