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Headlines > April 2005

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Tough sugar reform inevitable as EU loses appeal at WTO

Moves to reform the European sugar regime will accelerate after the EU loses its appeal against a World Trade Organisation decision that its handouts to sugar farmers are illegal, reports...

OFT could clear Asda's Somerfield swoop

A bid by Asda for retail rival Somerfield would mark an important new strategy for Britain's number two supermarket, with competition authorities by no means certain to stand in the...

Domecq Update: Constellation in bid talks

Constellation Brands has confirmed it approached Allied Domecq on Wednesday as part of a larger consortium to discuss the terms of a possible counter bid to Pernod Ricard, reports Chris...

UK brewer attacks real ale rebirth

Wolverhampton and Dudley Breweries has signed a deal to buy UK rival Jennings for £45.8 million as the firm defies protestors to capture more of Britain's resurgent real ale sector,...

Constellation to spark Allied Domecq bid war

The battle for Allied Domecq looks set to begin with news that Constellation Brands, the world's biggest wine company, is considering launching a rival bid to the £7.4 billion offer...

Health messages on food labels confusing, finds new report

The majority of British consumers are 'confused' by health messages on food products: meanwhile chocolate and snacks are the last products to be ditched in a diet regime, finds a...

Industry explains GDAs on food labels

Efforts by food manufacturers to create 'user-friendly' food labels that present clear nutrition profiles for the increasingly health conscious consumer are the focus of a new initiative from the UK's...

Nestlé's cereals go whole grain in UK

Nestlé UK has followed the lead of General Mills across the Atlantic, announcing today that from June 2005 every box of Nestlé breakfast cereals will be made with whole grains.

Foster's secures Southcorp bid approval

Foster's look set to win its long battle to buy Australian winery Southcorp after grinding down board members' resistance to a deal that could spawn a formidable 'brand Australia' on...

FoodNavigator.com scoops industry award

BeverageDaily.com's sister site FoodNavigator.com has won website of the year in the 2005 Business Food and Drink Journalism awards.

Pernod seals Allied Domecq bid deal

Allied Domecq has advised shareholders to accept a bid for the company by Pernod-Ricard worth £7.4 billion, as the latter prepares to shed brands to form the world's largest wine...

Arla, Campina disband prospective dairy deal

Arla Foods and Campina, two of Europe's largest dairy co-operatives, have abandoned their much-hyped plans to merge, after failing to secure the confidence of their respective boards, Tom Armitage reports.

RFID market set to reach €20 billion by 2015

The global market for RFID is set to reach €20 billion by 2015 as the implementation of new laws and demand shape the an industry that will make a significant...

UK advertising watchdog rejects complaint from salt makers

Sensitivities over salt heightened as UK advertising watchdog rejects complaint by salt makers over advert from the country's food agency.

Coke reports profit drop amid shareholder unrest

Coca-Cola reported an 11 per cent drop in first-quarter profit, and experienced growing shareholder unrest at its annual meeting yesterday.

Nestlé cutting trans fats in global products

Responding to consumer and legislative pressures, international food firms are slicing artery-clogging trans fatty acids from their formulations. We spoke with Nestlé to find out how the world's number one...

Pernod plotting quick Allied Domecq offer

Pernod Ricard and Fortune Brands may be planning a formal takeover bid for the world's second biggest spirits firm, Allied Domecq, as soon as Thursday, according to a report in...

Yeast unit brings gains to ABF

South American and Asian yeast markets bring strong gains in the first half, offsetting weaker markets in the US and Turkey, London-based sugar and ingredients group Associated British Foods reports...

Starbucks takes renewable energy lead

Coffeehouse icon Starbucks will buy five per cent of its energy for US stores from renewable sources as the firm takes a lead on climate change and lays down the...

Dairy industry lobbies for health claims approval

Milk, cheese and dairy products could soon carry generic health claims, providing they are approved by a panel of health and nutrition experts, Tom Armitage reports.

EU split scuppers new wine tax

The EU's main wine-producing countries, led by France and Italy, this week torpedoed discussions to raise the minimum excise duty on all alcoholic drinks, fearing a domestic backlash from vintners,...

Food industry fears coming of traffic light labelling

Could concern over obesity lead to significant changes in the regulations governing food labelling and see the implementation of a traffic light system, asks Anthony Fletcher.

Coca-Cola eyes fresh Fifa deal

Iconic soft drinks firm Coca-Cola has confirmed it is in talks with world football association Fifa to secure a new long-term sponsorship deal as the firm lays the foundations for...

Raw material costs hit PBG quarterly profits

Rising raw material price rises have contributed to a significant dip in first quarter profits for the Pepsi Bottling Group.

Kellogg cuts cereal salt under FSA pressure

Kellogg has moved to slash salt in its Corn Flakes by a quarter as the UK's Food Standards Agency promises to focus in on cereals in its public campaign to...

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