Guidance for new food safety rules
UK food watchdog has issued a guidance document to help the food industry negotiate new rules on food safety that entered into force this month.
Archives for January 18, 2005
Tesco leads the way as price pressures continue
Britain's biggest supermarket group Tesco continued to out-perform its peers over the Christmas period, bucking the general trend of flat or declining sales with an impressive 7.6 per cent rise in like-for-like sales. And with the downward pressure on...
Russia must act in order to attract foreign investments
Russia must loosen limitations on ownership of the companies by foreign citizens and must improve transparency in order to attract more foreign investments, says a new report of the Organization on Economic Cooperation and Development (OECD).
Frutarom: fresh capital for 2005 acquisitions?
Israeli flavour firm Frutarom, with clear ambitions to become one of the top ten flavour players, is seeking a listing on the London Stock Exchange to raise funds for imminent acquisitions.
Flavour firm Takasago uses China as hub
Number six global flavours player Takasago International has established a new division in Shanghai aimed at expanding its manufacturing and retail presence in China as well cutting costs.
Auchan in the frame to expand Russian operations
Auchan is rumoured to be a prospective tenant at a huge 118,000 square-metre mall to be built near Moscow's third transport ring, writes Angela Drujinina.
Ongoing risk to wheat prices
Wheat prices are still open to risk as low global stocks provide little buffer to surprise supply shocks but soybean prices should remain low on record high global inventories, writes Lindsey Partos.