It has been reported that Mr. Theo Spierings has been appointed as Fonterra’s new Chief Executive (CEO). Fonterra is the New Zealand's largest dairy company. While welcoming Mr. Spierings, Mr. Couper also acknowledged contribution made by the outgoing CEO Andrew Ferrier in the company.
In what would be great news for lovers of dairy products, a new study has found that consumption of dairy foods has no link whatsoever to an increase in a person’s risk of heart disease!
The first-quarter operating profit of the Carlsberg increased 38% as compared to the previous year. The company said that it is reported a rise in demand from the Russian and Eastern European markets.
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.