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Food & Beverage

Anheuser-Busch InBev to cut 1,400 US jobs

December 10, 2008
Anheuser-Busch InBev announced it would cut some 1,400 U.S. jobs -- or another 6 percent of its U.S. work force -- to help save the world''s largest brewer at least
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WTO rules against EU in bananas dispute

December 1, 2008
The World Trade Organization has ruled that the European Union''s import taxes for bananas break global commerce rules, putting some Latin American countries at an unfair disadvantage against former French
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Russia plans to cut 2009 poultry, pork import quotas

November 17, 2008
Russia’s agriculture minister announced plans to cut 2009 import quotas on poultry by 300,000 tonnes and pork by 200,000 tonnes, according to Reuters. The long-awaited quota reduction is designed
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Australian brewery launches bid for Coca-Cola Amatil

November 17, 2008
Lion Nathan Ltd, Australia''s second-largest brewer, launched a A$7.6 billion bid for soft drinks group Coca-Cola Amatil, the latest move in a wave of industry consolidation, according to Reuters. The
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Crown Holdings to close plants 2 Canadian plants

November 17, 2008
Packaging products distributor Crown Holdings, Inc. has announced that it will close two Canadian plants, moves that will likely lead to job cuts among the 175 workers at the facilities,
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PepsiCo to spend $1 billion in China over next 4 years

November 3, 2008
Beverage and snack maker PepsiCo Inc. will invest $1 billion in China over the next four years to expand its manufacturing capability, research and development and sales force in the
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Grupo Modelo files notice of arbitration against Anheuser-Busch over sale to InBev

October 16, 2008
Grupo Modelo has filed a notice of arbitration against its part owner, Anheuser-Busch Cos. Inc., saying that the company''s pending sale to InBev violates their investment agreement, as reported by
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Foster''s prepares takeover defense

October 6, 2008
Foster''s Group Ltd, Australia''s largest brewer, could become the next player in the global consolidation of the beer industry after the company appointed advisers to help with a takeover defense,
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Coca-Cola plans layoffs this year

October 6, 2008
The Coca-Cola Co. is cutting information technology jobs in a bid to become more efficient, according to the Associated Press. The IT department has 1,100 employees. They will be notified
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Campbell Soup completes sale of French business

September 30, 2008
Campbell Soup Co. completed the sale of its condiments business in France, the Associated Press reported. The company sold its Generale Condimentaire business to Lesieur, which is indirectly held by
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