Archives for November 7, 2006

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Chiquita profits slump as market challenges continue

By  Lorraine Heller

Banana supplier Chiquita has reported a tough third quarter, with profits hard hit by new EU import regulations, irregular weather conditions and concerns about the safety of fresh spinach.

EU sugar reform knocks ABF

By  James Knowles

Associated British Foods (ABF) yesterday blamed a 21 per cent drop in operating profit on European sugar industry reform and significantly higher energy costs.

Price not enough to stymy omega-3 growth in Asia

By  Dominique Patton

Price is the most significant barrier to companies looking to market omega-3 fortified products in Asia, says an analyst, but it is not big enough to prevent growth in demand.

Ahold sells off to improve costs

By  James Knowles

Ahold yesterday said it will slice €500m off of operating costs and sell some units, in an ongoing bid to become more profitable.

Soil Association questions school meal claims

By  Anthony Fletcher

The UK's Soil Association has questioned a BBC News survey that claims that moves to improve the quality of meals in England has resulted in fewer pupils taking them this term.

Sugar industry and Splenda embark on new battle

By  Lorraine Heller

The US sugar industry has filed a complaint with the Federal Trade Commission (FTC) against the popular sweetener product Splenda, which it claims is deceptively marketed to make consumers believe it is natural.