On Thursday, the federal government made proposals that the food industry would either have to stop advertising foods high in salt, fat in sugar to children, or they would have to change the nutritional makeup of the foods they’re selling.
Suppressed with a spurt in global commodity prices, Primark owner, Associated British Foods has let down the high expectations of profit of the investors, as shares of the company tumbled down by over 7%.
With this news hitting the corners of the market, experts feel that the company has become another victim of the government’s austerity measures, which has been further aggravated with rise of food and oil inflation.
Think twice before you pick up your next chunk of meat, warns the scientists from US as they claim for the presence of lethal bacteria in majority of them.
As per the findings of a new research in the samples of the meat that is sold in five of the US cities, as many as 47% samples were found to be infected with the life-threatening bacteria.
The stock price of Diamond Foods Inc. jumped to its maximum in last four months after it agreed to buy Procter & Gamble Co.’s Pringles chip operations for $1.5 billion. Experts believe that this acquisition will result into tripling the size of firm’s snack business.
If Tilman Fertitta, the Chief Executive of the Landry's Restaurants Inc, has his way, the McCormick & Schmick's Seafood Restaurants Inc. will soon be under his acquisition.
A tax on beer? Oh, Come on, you can’t be serious! Beer is like bread and butter for millions across the globe. The Government has been sent a plea to rethink their decision of imposing taxes on beer after a recent study has discovered how many people depend on it. There are several people who just grab beer and a pack of their favorite snacks and relax
Good News USA
- Vodafone NZ’s new ‘Red Home’ packages will offer UFB and 150 TV channels
- Vodafone NZ’s full-year profit plunged by more than two-thirds to $56 million
- Vodafone adding 34 European countries to ‘AU$5 per day’ international roaming option
- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki