Shares of Coke Femsa and Bimbo fall as Congress was poised to approve a 1 peso-per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul.
A lobbying group for major U.S. food manufacturers continues to run afoul of campaign finance laws in the way that it has contributed funds to block a measure that would require labeling of genetically modified foods in Washington state.
The Irish Dairy Board is building a new cheese manufacturing plant in Saudi Arabia, which is the 5th largest dairy importer in the world, as part of a €20m investment.
Metro Cash & Carry India, which opened its first store in Bangalore precisely a decade ago, will shortly launch its third store in the southern metro that would steer in its new indigenous store format.
Puglia is the leading region in Europe for table grapes. Its companies produce high quality traditional and seedless red and black grapes with excellent organoleptic qualities.
At the end of the third quarter, German brewers reached sales of about 27 million hectoliters of beer and mixed drinks, and they also recorded their first quarterly growth since 208.
The Chinese mainland has suspended importing oil products from companies involved in a tainted oil scandal in Taiwan, a mainland spokeswoman said Wednesday.
Farm produce prices in 36 major Chinese cities stayed mostly flat in the week ending Oct. 27 compared with the previous week, according to the latest statistics from the Ministry of Commerce.
The Australian Food and Grocery Council (AFGC) has released its fifth annual economic snapshot of the food and beverage, grocery and fresh produce industries, titled State of the Industry 2013.
Bord Bia has announced its plans to open an office in Dubai to support the Irish food and drink industry’s efforts to double exports to the Middle East by 2020.
Annual growth in British retail sales unexpectedly ground to a halt over the past month, hit by the first big fall in supermarket sales since February.
