Archives for October 19, 2011

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Kraft shares €9m fine for German cappuccino cartel activity

By Ben Bouckley

Coffee roasting firms Kraft and Krüger have been hit by fines totaling €9m for allegedly fixing instant cappuccino coffee prices in Germany, activity that the nation's federal competition agency said most likely meant higher consumer prices.

Nestlé performance in Europe surprises analysts

By Jane Byrne

Nestlé’s sales for the nine months to the end of September rose 7.3% to reach CHF60.89bn (€49.24bn), slightly short of expectations, but its positive European performance blindsided analysts.

USB temperature monitor gives food safety boost

By Mark Astley

A new USB cost-effective and easy to use temperature monitoring label could help determine the quality and safety of food during and after transit, said the company behind the development.

Novozymes ramps up Indian presence

By Kacey Culliney

Enzyme producer Novozymes is focusing on new enzyme applications that can be applied to convenience foods that appeal to the Indian consumer.