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Latest Finance News related to Food Company

Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
....Macquarie declined to comment. It has stakes, either directly or via funds managed by third parties, in 85 projects that vary from an energy efficient street lighting project in Barking and Dagenham, a windfarm in Dumfries and Galloway and biomass plant at Port Talbot, to an energy-from-waste plant in Belfast; it is also helping turkey and chicken food company Bernard Matthews replace its boilers. ...
Nurofen maker acquires US baby food and Choco Milk company image
Source : Guardian [Read Article] Friday 10th of February 2017 09:57:31 AM
.... Adding baby food to its vast portfolio of household products will raise the company’s standing among consumer multinationals Unilever, Nestlé, Danone and Procter & Gamble. Mead is the third-largest baby food company in the world, after Nestlé and Danone, according to market research company Euromonitor International. ...
Four hippies image
Source : BBC [Read Article] Monday 19th of December 2016 01:03:22 AM
.... . But for entrepreneur Bob Goldberg, the name of his vegan food company - Follow Your Heart - is a constant reminder that it's possible to be profitable and stay true to your company's idealistic, founding principles. ...
Nestlé says it can slash sugar in chocolate without changing taste image
Source : Guardian [Read Article] Thursday 1st of December 2016 01:12:40 PM
....Nestlé says it has found a way of slashing the amount of sugar in some of its chocolate bars by 40%, without compromising the taste. The Swiss food company, whose products include Kit Kats, Aeros and Yorkies, said it has achieved the reduction by discovering a way “to structure sugar differently”. ...
Find out how you can fight back against inflation image
Source : Daily Express [Read Article] Sunday 23rd of October 2016 12:01:00 AM
....Food prices have been chopped by a supermarket price war as Tesco, Asda and Morrisons fight back against discounters Aldi and Lidl, but some predict rises of up to 5 per cent next year. David Read, chief executive of specialist food company Prestige Purchasing, says families can save money by planning meals carefully: “Larger pack sizes are usually cheaper, so prepare batches of meals that can be frozen and reheated to save money and cut food waste. ...
What happens when you let a dog in the studio... image
Source : BBC [Read Article] Friday 26th of August 2016 09:36:44 AM
. James Davidson, co-founder of pet food company Tails. ...
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Pokemon Go: McDonald's Japan shares rise on tie-up reports image
Source : BBC [Read Article] Wednesday 20th of July 2016 02:10:12 AM
.... . Both The Wall Street Journal and industry website TechCrunch cited unnamed sources saying that the game will be launched in a tie-up with the fast food company, though the actual release date remains unclear. ...
'Scottish optimist' at Monsanto helm battles Bayer takeover bid and protests image
....It’s a role reversal for Grant, who had overseen Monsanto – which also makes the controversial and probably carcinogenic Roundup weedkiller – during a series of takeovers by the agrochemical giant. Related: Bayer in talks to buy GM food company Monsanto. ...
Premier Foods says sales rises are a sign it will thrive independently image
....1m. Last month Premier managed to shake off the advances of US company McCormick after it made three attempts to buy the food company. ...
Nespresso to open first UK cafe in London image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 03:59:23 PM
....Nespresso, the coffee capsules brand promoted by George Clooney, is to open its first UK cafe in London this summer. The Swiss subsidiary of the world’s largest food company, Nestlé, is to launch the Café Nespresso coffee shop in the new 100 Cheapside development near the Bank of England in late June or July. ...
Sports Direct's Mike Ashley to be ordered to appear before MPs image
Source : Guardian [Read Article] Tuesday 15th of March 2016 01:13:38 PM
.... Murdoch and his son James eventually appeared at the committee after the deputy sergeant-at-arms was sent to deliver formal summonses in person. Also in 2011, the boss of Kraft, Irene Rosenfeld, refused to attend parliament to answer questions about the US food company’s acquisition of Cadbury’s, sending members of her team instead. ...
The new bottom line: money is no longer a dirty word in sustainability image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 01:00:12 PM
.... Most B Corps, which number about 1,500 in 42 countries, are small and medium private businesses, such as Patagonia and Ben & Jerry’s. But the certification is now attracting larger companies including Unilever and Group Danone, a French food company, who is working with B Lab to make the certification program work for large, public companies. ...
The best thing a business could do for the environment is shut down image
Source : Guardian [Read Article] Thursday 28th of January 2016 11:45:44 AM
.... Here the personal became the political by stepping outside convention and opposing proposals entailing environmental harm. As a manager in a major global food company told us: “We have to be the voice of the environment . ...
McDonald's to roll out table service across the UK image
Source : Telegraph [Read Article] Monday 25th of January 2016 03:32:28 PM
.... . Shares in the New York-listed fast food company gained 2pc in early trading on Monday. ...
Julian Metcalfe plans US and European assault image
Source : Telegraph [Read Article] Saturday 23rd of January 2016 03:00:05 PM
.... . The flamboyant 56-year-old, who is sporting a pink and orange scarf that is even louder than his tan, has big plans for his food company, which aims to sell healthier alternatives to chocolate and crisps, including seaweed thins, wasabi-flavoured popcorn and mini chocolate corncakes. ...
Can B Corp be the next Fair Trade for socially-minded corporations? image
Source : Guardian [Read Article] Thursday 7th of January 2016 03:32:15 PM
....Most B Corps are small to mid-sized privately-held companies, but bigger firms are showing interest. The French food company Group Danone said it would work with B Lab to develop ways to make B Corps certification more manageable and meaningful for large, publicly-traded multinational corporations that are engaged in a variety of businesses in different geographies. ...
How drought is making it harder to sell in rural India image
Source : BBC [Read Article] Friday 18th of December 2015 09:37:05 PM
. On a sunny afternoon a sales executive from the US multinational food company Mondelez International is out and about in the village of Wing in Maharashtra in western India. ...
Bear fruit snacks maker snapped up in £70m deal image
Source : Telegraph [Read Article] Thursday 17th of December 2015 06:38:04 PM
.... . The deal, which is understood to value the health food snacks company at £70m, is the second takeover of a British food company by Lotus this year. ...
Is powdered food an eco-dream or just weird? image
Source : Guardian [Read Article] Thursday 17th of December 2015 01:06:52 PM
.... Where possible, the company says it buys from organic farmers and producers. Powdered food might seem like extreme lengths to go to for a more sustainable diet, so would money be better invested in getting consumers to understand food labelling and the value of cutting back on junk food? James Collier, co-founder of UK-based powdered-food company Huel, believes that it isn’t that straightforward. ...
Where’s the science? Businesses aren’t setting the right climate targets to make a difference image
....Meeting the goals “is a going to take a lot of collaboration up and down the value chain and across sectors”, according to Lynch. But as a food company, General Mills “depends on Mother Nature to continue to supply the ingredients that we need for food products”, he continued. ...
Fortnum & Mason announces record results ahead of Christmas image
Source : Telegraph [Read Article] Monday 30th of November 2015 12:32:05 PM
.... . A revamped website was a key contributor the fine food company's performance, with online sales up 22pc in the period. ...
The Nobel Prize winning economist who ate cat food image
Source : BBC [Read Article] Friday 13th of November 2015 10:01:17 PM
...."Of course they do it," he says. "If you had a cat food company you wouldn't say 'Dried Dead Fish' on the label. ...
Kraft Heinz closes plants and cuts jobs image
Source : BBC [Read Article] Thursday 5th of November 2015 12:06:51 AM
.... . The two firms merged in a $46bn (£30bn) deal in July to create North America's third biggest food company. ...
Maggi noodles sales to resume in India image
Source : BBC [Read Article] Monday 26th of October 2015 05:07:54 PM
....The instant noodles arrived in India in 1983 and can be found in corner shops across the country. Multi-national Nestle is the world's largest packaged food company. ...
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Inside the General Mills roadmap to a sustainable food future image
Source : Guardian [Read Article] Friday 23rd of October 2015 04:11:15 PM
....Increasingly volatile weather around the world combined with a global population projected to grow to more than 9 billion by 2050 means climate change has become the most pressing environmental issue that our society faces today. As a food company, climate change will likely have a significant impact on our business, and so we are compelled to act. ...
Nestle hit by Maggi noodles fallout image
Source : BBC [Read Article] Friday 16th of October 2015 07:36:23 AM
....In its trading statement, Nestle said it remained in talks with authorities to get Maggi back on the shelves. Nestle, the world's largest packaged food company, said group sales for the nine months to the end of September fell 2. ...
Good corporate governance can improve a company's bottom line image
Source : Telegraph [Read Article] Sunday 11th of October 2015 07:08:12 PM
.... So the management team at Cook began to investigate B Corporations, culminating in a trip to the US in 2013 to the annual B Corp conference, a visit that convinced us to certify. Last month, 62 other businesses – from law firms, to investment managers, a bottled water business and a pet food company – joined us to get the B Corp movement properly launched in the UK. ...
US food industry backs government plan to aggressively cut food waste image
Source : Guardian [Read Article] Thursday 1st of October 2015 02:39:47 PM
.... Over 400 brands, including consumer goods giant Unilever and food manufacturer Kellogg, committed in July to slashing food waste in their retail and manufacturing operations by half over the next decade. “As a global food company, Kellogg believes we have a significant role to play in helping to end hunger, achieve food security, improve nutrition and promote sustainable agriculture,” Kellogg spokeswoman Kris Charles told the Guardian. ...
No break for KitKat as EU court rules against monopolies of shapes image
Source : Independent [Read Article] Wednesday 16th of September 2015 03:38:58 PM
. Swiss multinational food company Nestlé failed to convince European judges that the shape of its famous four-finger KitKat bar merits a trademark on Wednesday. ...
Quorn ups capacity by 50pc as takeover battle heats up image
Source : Telegraph [Read Article] Sunday 6th of September 2015 09:04:08 PM
. British food company Quorn has increased its production capacity by 50pc to meet the increasing global demand for non-meat foods. ...
Aga saga: Middleby urges shareholders to rebuff Whirlpool image
Source : Guardian [Read Article] Thursday 3rd of September 2015 07:54:16 AM
....Aga’s shareholders are due to meet on 8 September to vote on the acquisition. It would be the latest traditional British brand to pass into foreign ownership: Rolls-Royce cars are now made by Germany’s BMW, Weetabix is owned by China’s Bright Food and Baring Private Equity Asia, and Cadbury was sold to the US food company Kraft in 2010. ...
Nomad’s £500m deal for Findus image
Source : Daily Express [Read Article] Friday 14th of August 2015 07:43:00 AM
.... . Nomad chief executive Stefan Descheemaeker described the deal as “a significant milestone in reaching our goal of building a global consumer food company”. ...
Indian court overturns government ban on Nestle's Maggi noodles  image
Source : Telegraph [Read Article] Thursday 13th of August 2015 07:40:27 AM
.... . The world's largest food company benefitted from accelerating sales in the Americas, led by KitKat chocolate bars and Dolce Gusto coffee. ...
Kraft Heinz announces 2,500 job cuts image
Source : BBC [Read Article] Wednesday 12th of August 2015 02:07:12 PM
....5bn in annual costs by 2017. Kraft Heinz is the third largest food company in North America following the merger between Kraft and Heinz earlier this year. ...
Activist investor Bill Ackman takes $5.5bn stake in Cadbury maker Mondelez image
Source : Telegraph [Read Article] Thursday 6th of August 2015 01:40:13 PM
.... . In March, Kraft Foods agreed a $100bn merger with Heinz to create the fifth biggest food company in the world, bringing a string of household brands, including Philadelphia, Capri Sun and Heinz Tomato Ketchup and HP sauce under one umbrella group – The Kraft Heinz Company - and sales of around $28bn. ...
Google tries to buy vegetarian burger business image
Source : Daily Express [Read Article] Tuesday 28th of July 2015 04:07:00 PM
....Google offered to take over Impossible Foods for $300million (£192m) but the bid was rejected for being too low, according to reports. The food company claims to make burgers made of plants that taste like beef with cheese, and is backed by Mircrosoft founder Bill Gates. ...
Google tried to buy a meatless burger company (and was rejected) image
Source : Telegraph [Read Article] Tuesday 28th of July 2015 11:08:48 AM
.... . The tech giant's offer of between $200m and $300m was rejected by the sustainable food company because the price was not high enough, according to The Information, which first reported the story. ...
Big food is going green, but will consumers buy in? image
Source : Guardian [Read Article] Friday 26th of June 2015 06:17:13 PM
....In response, big brands are taking big steps. Aside from cutting artificial ingredients, some are entering the organic market: General Mills bought organic pasta, meals and snacks company Annie’s Homegrown last year, while Campbell’s acquired organic baby food company Plum Organics in 2013 and launched an organic soup line in February. ...
Young's Seafood loss of Sainsbury's contract a blow for jobs, warns union image
. A seafood company has lost a contract with Sainsbury’s, which union officials warn could lead to the loss of more than 300 jobs. ...
Nestlé takes instant hit from India's Maggi noodle ban amid lead scare image
....India’s food safety regulator banned the brand from sale over tests that it said showed the noodles contained excessive levels of lead. The world’s biggest food company is challenging the 5 June order from the government’s food safety regulator. ...
Nestlé left with four-fingered problem in quest for Kit Kat trademark image
Source : Guardian [Read Article] Thursday 11th of June 2015 06:44:53 PM
....Though the decision is not yet binding, the advocate general’s opinion is almost always followed by the EU court – a ruling which could potentially open the way for a range of copycat Kit Kats in British sweetshops and supermarket aisles. The senior lawyer’s opinion is merely the latest skirmish in a long-running battle between Nestlé, the biggest food company in the world, and Cadbury, now owned by the US group Mondelēz, over trademarking their products in the UK – itself part of a much wider battle by manufacturers to protect their products in the multibillion-pound confectionery industry. ...
'Gluten-free' products recalled image
Source : BBC [Read Article] Sunday 7th of June 2015 02:16:43 PM
.... . The affected products were all made by a bakery run by food company Genius. ...
Companies have critical role in creating a better food system image
Source : Guardian [Read Article] Tuesday 2nd of June 2015 06:00:11 AM
.... Ikea, for example, sells about 150m meatballs a year, and has just introduced veggie meatballs, specifically marketing them as more environmentally friendly. This fits nicely with Ikea’s values, but sustainability remains a difficult sell to most consumers around the world, said Roberto Ciati, sustainability director at Italian food company Barilla. ...
ABF profits halve as sugar business disappoints image
Source : Telegraph [Read Article] Tuesday 21st of April 2015 06:53:10 AM
.... . Separately, British food company Tate & Lyle has said it will exit most of its European bulk ingredients business and restructure its struggling Splenda sucralose business, ahead of the changes to the EU sugar quota system in 2017. ...
Questor share tip: Defensive Nestle shares are good for income image
Source : Telegraph [Read Article] Monday 20th of April 2015 03:48:35 PM
....95c Questor says HOLD . NESTLE, the world’s biggest food company, has revealed that trading at the start of the year was better than expected. ...
Captain Birds Eye sets sail again as US investors buy Iglo image
Source : Guardian [Read Article] Monday 20th of April 2015 08:52:04 AM
. Birds Eye, the company behind six decades of children’s fish-finger-and-frozen-pea dinners, is to be sold to a pair of US tycoons as they make their first move in building a global food company. ...
Workin' 9 to 5 to make a livin… and every other minute on your startup image
....”. Abi Ramanan, founder of South Indian food company Papi’s Pickles, juggles her company and her job as a London food poverty campaign coordinator for NGO Sustain. ...
Smurfit Kappa 'approached for £6bn takeover' image
Source : Telegraph [Read Article] Sunday 12th of April 2015 06:43:37 PM
.... The deal will create a £200bn oil and gas giant, and is the biggest takeover in the sector for 17 years. Heinz is also set to merge with Kraft to create the fifth biggest food company in the world, known as The Kraft Heinz Company, in a deal worth $68. ...
Source : BBC [Read Article] Wednesday 1st of April 2015 09:54:43 PM
.... . Kraft recently agreed a merger with Heinz in a move that would create the world's fifth largest food company. ...
Source : Independent [Read Article] Monday 30th of March 2015 01:05:03 AM
....This is the CDC Group’s (formerly known as the Commonwealth Development Corporation) first direct investment in a company operating in Sierra Leone, though it did back the country’s first private equity fund in 2009. Last week, The Independent revealed that Paddy Docherty, chief executive at Phoenix Africa, was unable to secure CDC investment for a southern Sierra Leonean rice-producing subsidiary he believes will soon become the country’s biggest food company. ...
Phoenix Africa: A boxer, a grandee and an ex-soldier seek $27m for rice-producing business in Sierra Leone image
....6m (£17. 8m) to build the biggest food company in Ebola-scarred Sierra Leone. ...
UK unions worried as Heinz swallows rival Kraft image
Source : Independent [Read Article] Wednesday 25th of March 2015 11:36:31 PM
.... Shares in Kraft jumped 26 per cent. The deal creates the third-biggest food company in the US, with eight leading brands each accounting for more than $1bn in sales. ...
Nakd snack bar company to taste test investors image
Source : Telegraph [Read Article] Sunday 8th of March 2015 07:42:47 PM
.... . It is understood the British health food company has hired advisers at industry specialist Stamford Partners to seek new investors. ...
Tate & Lyle shares crash 15pc after third profit warning in a year image
Source : Telegraph [Read Article] Friday 6th of February 2015 07:53:26 AM
.... . The British food company said profits for the year ending March 31 would come "modestly below" the guidance it gave in September of £230-245m, which was itself a downgrade on earlier forecasts. ...
Cadbury owner Mondelez International to cut over 200 jobs at Birmingham Bournville factory image
. First they changed the Creme Egg recipe now the US food company which gobbled up Cadbury for £11. ...
The man who built the UK's largest baby food firm image
Source : BBC [Read Article] Monday 15th of December 2014 12:02:03 AM
.... Soon the UK's other supermarkets were also stocking the brand. Today, Oxfordshire-based Ella's Kitchen is the UK's best-selling baby food company, and its annual global turnover exceeds £100m. ...
KFC and Pizza Hut owner Yum Brands! cuts profit forecast for the second time this year after China food scare image
. Yum Brands!, the American fast food company behind Pizza Hut and KFC, has lowered its profit guidance for the year for the second time this year following a food scandal in China. ...
Source : Independent [Read Article] Friday 5th of December 2014 10:25:33 PM
. Shares in Premier Foods plunged 7 per cent yesterday amid a severe backlash against its demands to force suppliers to pay it if they want to continue doing business with Britain’s biggest food company. ...
Dairy Crest sells milk operations as profits slump image
Source : BBC [Read Article] Thursday 6th of November 2014 09:30:52 AM
....The dairies operation, which processes and distributes milk, is being sold to Germany's Mueller for £80m. It comes as profits at the UK's largest dairy food company fell 95% to £900,000 in the six months to September. ...
Change in China for family succession image
Source : BBC [Read Article] Wednesday 29th of October 2014 08:04:52 PM
...."The world has changed. When I took over my father's business it was only a seafood company. ...
Tate & Lyle shares plunge on profits warning image
Source : Telegraph [Read Article] Tuesday 23rd of September 2014 08:12:47 AM
.... . The food company, which sold its sugar business in 2010 and now concentrates on ingredients such as sweeteners and stabilisers, said the knock-on impact of severe and prolonged winter weather in the US at the start of this year had continued to affect its global supply chain. ...
Fast food workers plan biggest US strike to date over minimum wage image
Source : Guardian [Read Article] Monday 1st of September 2014 11:31:05 PM
....The strike is the latest in a series of increasingly heated confrontations between fast food firms and their workers. Pressure is also mounting on McDonald’s, the largest fast food company, over its relations with its workers and franchisees. ...
McDonald's plans appeal against Moscow outlet closure   image
Source : BBC [Read Article] Wednesday 27th of August 2014 03:37:25 PM
.... Moscow has responded with a trade embargo against food imports from the West. The safety watchdog, Rospotrebnadzor, has so far ordered the temporary closure of a total of six McDonald's restaurants in Russia and has introduced unscheduled spot checks in the fast food company's outlets across the country. ...
Burger King confirms Tim Hortons $11bn whopper deal image
Source : Independent [Read Article] Tuesday 26th of August 2014 12:37:21 PM
. Burger King has confirmed its mega deal to buy Canadian doughnut giant Tim Hortons for about $11 billion, a move that could help give the fast-food company a stronger foothold in the coffee and breakfast market. ...
Love it or hate it: Marmite board game maker wins £50,000 investment on Dragons’ Den image
....” . This year, the company will launch Love It Or Hate It and Who Put The Marmite In The Fridge on behalf of the food company. ...
How middle class is your kitchen?  image
Source : Telegraph [Read Article] Friday 22nd of August 2014 03:49:21 PM
.... :: Abel and Cole organic fruit and vegetables . Like Ocado, Abel and Cole are an online food company distributing veg directly into the Samsung fridges of Britain without the hassle of a trip to the farmers' market. ...
McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare image
....The move comes after the Shanghai Husi Food company, which supplies chicken and pork to McDonald’s, was exposed in a Chinese TV report last week. Staff from the food company were showed using long-expired meat, made worse by scenes of workers picking food up from the floor to be added into the mix. ...
Apple results - Q3: as it happened image
Source : Telegraph [Read Article] Tuesday 22nd of July 2014 10:30:12 PM
....16 Big emphasis on enterprise from Luca Maestri, Apple's chief financial officer. He is talking about how Nestle, the largest food company in the world, uses over 25,000 iPhones to access corporate networks, while at space agency NASA over 26,000 of the devices are in use. ...
Nestle pledges Living Wage for staff image
Source : Independent [Read Article] Monday 30th of June 2014 04:07:43 PM
. Nestle, the world's biggest food company, has become the first major manufacturer to commit to paying the Living Wage in a move welcomed by campaigners. ...
Nestle agrees to pay living wage to all contractors image
Source : BBC [Read Article] Sunday 29th of June 2014 11:58:21 PM
. Nestle, the world's largest food company, has become the first major manufacturer to say it will pay the living wage to all its staff. ...
Couple with two children 'must earn £40,600 to meet basic needs' image
Source : Guardian [Read Article] Sunday 29th of June 2014 11:01:00 PM
....JRF, which works to reduce poverty and inequality, says action is needed in three areas to help ease the burden on households: on the cost of essentials, wages of the lowest earners and the way the state offers support. The report comes as the food company Nestlé announces its commitment to paying the living wage – which is judged to be the minimum needed to secure a basic standard of living and is currently set at £8. ...
Holiday benefits still due on death says European Court image
Source : BBC [Read Article] Thursday 12th of June 2014 01:49:38 PM
...."The unintended occurrence of the worker's death must not retroactively lead to a total loss of of the entitlement to be paid annual leave," the court ruled. The case concerned the widow of a grocer employed by a food company who was off work sick for eight months before he died. ...

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