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Food & Beverage

Diageo reuses waste from manufacturing plant

March 9, 2009
In an effort to reduce its carbon footprint and ultimately send zero waste from its manufacturing facilities to landfills, Diageo, the world''s leading spirits, wine and beer company, announced that
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Brazil''s JBS, National Beef call off deal

February 25, 2009
A beef industry buyout that regulators were trying to block on antitrust grounds has been called off, as reported by the Associated Press. National Beef Packing Co., the fourth-largest U.S.
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PepsiCo CFO sees growth in snacks, dairy

February 16, 2009
PepsiCo Chief Financial Officer sees opportunities for dairy products and snacks to help it weather the economic slowdown that''s hammering its domestic beverage business, according to Reuters. Pepsi has formed
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Food companies in Europe need proof for their health-food claims

February 4, 2009
The European Union is cracking down on foods that advertise health benefits without scientific backing, potentially undermining a strategy increasingly important to the food industry. The worldwide market for so-called
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Mexico suspends purchases from 30 meat plants

December 30, 2008
According to a list posted on the U.S. Department of Agriculture Web site, Mexico has suspended meat imports from 30 processing plants in 14 states, including some of the nation''s
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Smithfield completes deal with Spanish meat maker

December 22, 2008
The Associated Press reports that Smithfield Foods Inc. has completed the merger of its European subsidiary and Campofrio Alimentacion SA, the largest processed meats company in Spain. The combination of
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Kraft names Coca-Cola exec to head Europe markets

December 16, 2008
Kraft Foods Inc. named Michael A. Clarke as president of its Kraft Europe division starting in January, according to the Associated Press. The 44-year-old comes to Kraft from Coca-Cola Co.,
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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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