Foods / beverages
Kraft Heinz to axe 2,500 jobs in North America
13 Aug 2015
Sales of Kraft fell 4.9 per cent to $4.52 billion due to weaker demand while Heinz revenue was down 4.1 per cent at $2.62 billion on account of strong dollar
US too finds Maggi noodles safe for consumption
12 Aug 2015
India is looking increasingly isolated, health regulators in the UK, Singapore, Canada, Australia and Vietnam have also cleared India-made Maggi as safe for human consumption
Russia destroys banned food imports from west
08 Aug 2015
Moscow has for the last one year engaged in reciprocal action against countries that had imposed sanctions on it over Ukraine
Paswan hints at early return of Maggi noodles
08 Aug 2015
Consumer affairs minister Ram Vilas Paswan said on Thursday he was hopeful of Maggi being back on the shelves soon, citing fresh tests by state-run laboratorie
Pershing Square builds $5.5-bn stake in Mondelez
06 Aug 2015
Activist investor William A Ackman has amassed a $5.5-billion stake in Mondelez in case it becomes takeover target
Tea losing its traditional charm among Brits; sales down 22%
05 Aug 2015
The afternoon ‘cuppa’ hot tea has been an age-old British tradition that fuelled the rise of an empire; but this seems to be changing
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