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EU customs agreement to cut out the paperwork

A new EU customs agreement in the making will cut out the paperwork and reduce the costs of importing and exporting goods, according to officials.

Alcoa makes bid for Alcan

Alcoa today announced $33bn (€24bn) hostile bid for Alcan in a move to consolidate two of the world's largest aluminium suppliers to the beverage and packing industries.

Danisco names flavours buyer: it's Firmenich

Danisco has cut a deal to sell its flavours division to Firmenich that will let it focus resources on its bioingredients, texturants and sweeteners competencies - while still keeping some...

Unilever gains defy expansion costs

Unilever yesterday said it achieved underlying sales growth of 5.4 per cent to €9.5bn during the first quarter, while continuing to restructure in a drive to make its food operations...

Danisco discusses sale of flavour division

Danisco has confirmed the truth of market rumours that it is involved in negotiations over the possible sale of its flavours division.

Weekly Comment

Training the salt of the earth

On International Labour Day, workers across the world will be raising a glass in honour of the salt of the earth.

CCE predicts earnings drop in 2007

Life is unlikely to get much sweeter for Coca-Cola Enterprises this year as rising input costs and a new restructuring scheme threaten to knock earnings further, it warned.

Alcoa to examine disposal of packaging business

Alcoa said this week it would examine disposal of its packaging and consumer units, which together generate $3.2 billion in revenues for the company.

PepsiCo feasts on snack growth for first quarter gains

Beverage giant PepsiCo has increased sales by about nine per cent to $7.4bn (€5.3bn) during a strong first quarter for the year, as it continues to expand its global operations,...

WTO opens inquiry on India's spirit tariffs

European wine and spirits firms saw the door to India open a little wider Tuesday, after the World Trade Organisation agreed to investigate the country's high import tariffs.

French wine militants attack supermarkets

Militant winemakers have claimed responsibility for explosions and fires at several supermarkets in southern France, raising concerns of a return to violence in the region.

Diageo plan to split Scottish & Newcastle

Diageo approached SABMiller to discuss carving up fellow alcoholic drinks giant, Scottish & Newcastle, adding to speculation over industry consolidation.

Regulator says levying fees could harm independence

The EU's food safety agency has expressed reservations about a plan by the European Commission to make companies pay fees for risk assessments.

Coca-Cola reaps global rewards

Beverage giant Coca-Cola has started the year on a high, posting its strongest first quarter results in half a decade due to growth in key international markets.

Heineken and co pay high price for beer cartel

Heineken has landed the seventh largest fine ever handed out by EU competition authorities, for a beer cartel it operated with other brewers, including Grolsch and InBev.

Falling coffee prices no cause for alarm, says ICO

Coffee prices fell again last month and are expected to continue dropping in April, the International Coffee Organisation has said.

Union threatens strikes at Coca-Cola

Plans to cut 3,500 jobs in a restructuring drive at Coca-Cola's main bottling arm may lead to widespread industrial action in the US, warned a prominent union for soft drinks...

Cott eyes move for Cadbury drinks

Rumours were again swirling around Cadbury Schweppes this weekend, after the world's largest private label soft drinks maker said it was eyeing a move for the group's US drinks arm.

San Miguel cans Del Monte venture

San Miguel is to sell its minority stake in Pacific-based Del Monte, which it holds in a joint venture with the NutriAsia group.

Late lager surge boosts SABMiller

Higher growth across several beer markets in SABMiller's final quarter has boosted the brewer's full year performance.

Knives come out in Danone China dispute

The ongoing spat between French giant Danone and Chinese business partner Wahaha is no longer a laughing matter with the multinational threatening to go to the court over the disagreement.

Tate & Lyle files ITC case for sucralose patent infringement

Tate & Lyle has filed a United States International Trade Commission (ITC) case over alleged infringement of its patented sucralose manufacturing technology.

Wahaha rebuffs Danone's advances

Chinese beverage group Wahaha has hit out at plans by business partner Danone to acquire the groups remaining assets.

SABMiller milks local experience in Vietnam

Vinamilk, one of Vietnam's leading dairy companies, is to team up with global brewer SABMiller as its looks to enter the country's dynamic beer market.

SAB to build new brewery in Russia

SABMiller, the international brewer, has said it will invest $170m in a new brewery in Russia as the firm continues to profit from demand for premium beer in the country.

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