Nestle (NESN.VX) announced an 8 billion Swiss franc ($8.8 billion) share buyback and stood by its full-year sales forecast on Thursday, after revenue growth in emerging markets picked up in the second quarter.
Nigerian business conglomerate Dangote Industries has announced plans to invest around $1bn in rice production and processing operations across the country.
Hindus need to have religious food certification similar to Jewish Kosher and Muslim Halal foods, according to Universal Society of Hinduism (USOH) president Rajan Zed.
La Costeña, a US-based packaged foods firm and the parent company of Arizona Canning, has acquired canned beans and vegetables manufacturer Faribault Foods for an undisclosed amount.
Colombian food group Nutresa said on Thursday net profit fell 4.5 percent in the first half of the year to 168.4 billion pesos ($90 million), mostly due financial costs linked to an acquisition.
Active women across the UK can now get a protein boost in a fruity on-the-go format, thanks to Everything But The Cow – a new soya protein shake made with real fruit.
Following its first distribution deal to export to Singapore, Chobani Australia has announced that it will be extending its reach within South East Asia by exporting to Malaysia.
