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Updated: 46 min 49 sec ago

CAGNY: ADM chief executive outlines benefits of job cuts

2 hours 12 min ago
Archer Daniels Midland chairman and CEO Patricia Woertz has claimed the US agribusiness giant's decision to cut over 1,000 jobs worldwide will create a more "creative" organisation.

CAGNY: Campbell CEO Morrison sees new "culture of food"

4 hours 7 min ago
Campbell Soup Co. CEO Denise Morrison has claimed the food industry has been slow to respond to a seismic shift in consumer attitudes and consumption patterns.

BELGIUM: Cloetta sells unit to Katjes in wake of Leaf merger

5 hours 36 min ago
Cloetta, the Sweden-based confectionery giant, has decided to sell a distribution unit in Belgium to German rival Katjes International.

S AFRICA: Shoprite H1 earnings up after market share gains

5 hours 41 min ago
South African retailer Shoprite has reported a jump in half-year earnings after increasing its sales and market share.

S AFRICA: Retailer Massmart reports higher H1 profits

5 hours 44 min ago
Massmart, the South African retailer in which Wal-Mart Stores owns a majority stake, has posted higher half-year profits.

THAILAND: John West owner Thai Union Frozen reports FY profit jump

5 hours 50 min ago
Thai Union Frozen Products, the seafood giant behind John West tuna and salmon, has reported a leap in annual profits.

UK: Loch Fyne Oysters MD outlines benefits of sale

5 hours 58 min ago
Loch Fyne Oysters MD Bruce Davidson has insisted the sale of the UK firm to The Scottish Salmon Company's investment vehicle will help the company grow and enter new markets.

CAGNY: Smucker plans foray into speciality nut butters

6 hours 28 min ago
US peanut butter maker JM Smucker has revealed that it is planning to branch out into speciality nut butters, with two significant product launches planned for the category.

CAGNY: Smucker responds to volume pressure with value focus

6 hours 37 min ago
JM Smucker has said it will focus on reinforcing the value of its brands to respond to the pressure on consumer spending in the US, which has hit volumes within its consumer foods business.

CAGNY: Squeeze on volumes "industry-wide", warns ConAgra

9 hours 45 min ago
ConAgra Foods CEO Gary Rodkin has warned that the pressure on volume sales in the US is being felt across the industry.

PHILIPPINES: Casino inks distribution deal with Rustan's

10 hours 7 min ago
France's Casino has struck a distribution deal that will see its own-label products available in the Philippines at stores operated by local retailer Rustan's.

NZ: Milk firm A2 Corp. eyes growth as sales jump

10 hours 19 min ago
New Zealand milk specialist A2 Corp. has expressed confidence in its plans to expand internationally as it booked near-50% jump in first-half sales.

US: Snyder's-Lance to construct Pennsylvania R&D facility

10 hours 40 min ago
US snacks firm Snyder's-Lance is to build a 60,000sq ft research and development centre in Pennsylvania.

US: Malt-O-Meal switches name to MOM Brands

10 hours 52 min ago
US cereal maker Malt-O-Meal has changed its corporate name to MOM Brands to reflect the company's expanding cold cereal business and its growing brand portfolio.

UK: Mars ups investment in marketing, R&D

11 hours 5 min ago
Mars Inc's chocolate arm has increased its investment in marketing and research and development in the UK, creating "several" new roles to drive innovation.

US: Chiquita appoints Kocher to replace Sims as CFO

11 hours 6 min ago
US produce group Chiquita Brands International has appointed a CFO to succeed Michael Sims who has left to join AdvancePierre Foods.

US: Chiquita FY profits remain flat

11 hours 20 min ago
US produce group Chiquita Brands International has posted flat profits for fiscal 2011 but said it plans to expand its Fresh Express business this year by growing its organic business.

CAGNY: Kraft upbeat about brands in developed markets

February 21, 2012 - 17:22
Kraft Foods has insisted it will be able to drive continued strong growth in its "power brands" and grow its market share in developed markets like the US.

UK: Asda sales growth slows

February 21, 2012 - 15:40
Asda, the UK's second-largest retailer, saw its sales growth slow in the final quarter of its financial year.