Archives for January 14, 2010

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Cadbury shares up on reports of Hershey bid

By Jane Byrne

Cadbury shares rose today on the back of media report that indicated that US chocolate maker, Hershey’s could be set to make a counter-bid for the UK confectioner, already the focus of a hostile bid from Kraft Foods.

Arla plans marketing and capacity increases

By staff reporter

Arla is upping its marketing spend by 30 per cent in 2010, and plans to invest almost a billion DKK in more capacity increases and structural changes.

Mapping soybean genome promises designer plants

By Guy Montague-Jones

Improved soybean plants able to produce tailor-designed proteins and oils will be available in three or four years, according to the US team which recently mapped the plant’s genetic sequence.

EFSA denies sterol/stanol claim expansion appeal

By Shane Starling

The European Food safety Authority (EFSA) rejected a submission from a Dutch plant sterol supplements firm calling for the EU approved, cholesterol-lowering health claim to be expanded to food supplements and other food categories.

Retail ombudsman will shift power relations in food supply

By Jess Halliday

UK plans to install a retail ombudsman to enforce a new code of conduct for retailer-supplier relations could shift the balance of power in the food supply chain back towards food manufacturers, says the BRC, which opposes the move.