Archives for October 22, 2012

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Group links Indian government with alleged FDI scam

By RJ Whitehead

According to India’s leading trade representative body, ministers have been making deals with multinational corporations that have led to the government quietly amending the fine-print of its move towards foreign direct investment in multi-brand retail.

Asian krill boom drives krill joint venture

By Shane Starling

Australian, Japanese, South Korean, Taiwanese and other Asian consumers are driving rising demand in omega-3 source krill to levels that have prompted Norwegian krill supplier, Rimfrost, to ink a production-boosting joint venture.

DISPATCHES FROM INTERBEV 2012, LAS VEGAS

'Jackpot justice' legal claims: Firewall strategies for beverage brands

By Ben Bouckley

Renowned attorney Justin Prochnow talks to Ben Bouckley in Las Vegas about the threat class actions pose to beverage brands, from 'all natural' cases to a new wave of flavor characterization claims, and firewall strategies firms can use to scupper that...

Dispatch from SIAL

Wild debuts brewed tea technology for iced tea

By Caroline Scott-Thomas

Wild GmbH has introduced new brewed tea products for use in premium iced tea beverages, which it claims are a first for the mainstream beverage industry.

ADM gears up for $2.8bn takeover of GrainCorp

By Kacey Culliney

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.

JBS takes on troubled XL Foods plant

By Patrick McGuigan

The US arm of Brazilian-owned company JBS has taken over the management of XL Foods’ beef processing plant in Canada, which is at the centre of an E.coli outbreak and massive product recall.