Treasury Wine Estates Ltd. surged above a spurned A$3.05 billion ($2.9 billion) takeover bid from KKR & Co. in Sydney trading, on speculation the world’s second-largest listed wine company will attract higher offers.
The receiver of the Gourmet Food Group has claimed that agreements with Woolworths and Coles supermarkets played key role in the Australian company's collapse.
Australian breakfast food manufacturer The Muesli has launched a portion-sized range of muesli that contains fifty grams of breakfast cereal—or four dessert spoonfuls.
The use of wholegrain constituents in a nondigestible, chemically modified wheat fibre to be added to food products may help to prevent the development of metabolic diseases that increase heart attack risks and cancer
The Healthy Warrior Pty Ltd. has recalled The Bar Counter Chocolate Brownie Crunch High Protein from Coles Supermarkets nationally due to the presence of an undeclared allergen (almonds).
Belmore Bean Factory has recalled its Sprout Garden Alfalfa and Onion Sprouts, sold at The Sydney Markets and fruit and vegetable stores in NSW (only).
Coles Supermarkets Australia Pty. Ltd has recalled Coles brand RSPCA APPROVED Chicken Kiev from Coles and Bi-Lo stores due to the presence of undeclared allergens (Gluten, Milk, Egg and Soy).
Metcash Trading Limited Australasia has recalled Black & Gold Apple Pie from IGA supermarkets and independent retailers in ACT, NSW, QLD, TAS, VIC and WA due to the presence of an undeclared allergen (milk protein).
Just Entrees Pty Ltd has recalled their own brand Chicken Liver Pate, Brandy Port and Sage from Coles supermarkets TAS and VIC due to Listeria monocytogenes contamination.
Wilmar International and First Pacific Co have sweetened a deal to take over Goodman Fielder Ltd, after the Australian food firm rejected the initial bid as too low last month.
The antioxidant resveratrol found in red wine, chocolate and grapes is not associated with longevity or the incidence of cardiovascular disease, cancer and inflammation
A Sydney-based startup distiller Mr Black has launched a new coffee liqueur by the same name, which it says will “bring coffee culture back to the nightlife scene”.
The Australian food industry has mostly welcomed the Budget announcement, with the agribusiness sector largely spared the “fall of the axe” of austerity measures in the Budget, announced last night.
The Australian Competition and Consumer Commission has revised its ‘Advertising and selling guide’ to help educate businesses about their legal rights and obligations when selling and promoting their products and services.
Concerns about the way levy money is spent through Horticulture Australia Limited are overblown, according to a leading horticultural figure in South Australia.
Mondelez International, the world's pre-eminent maker of chocolate, biscuits, gum and candy, today announced the launch of Mobile Futures in Australia.
