Archives for December 17, 2013

← 2013

Red Bull targets China for expansion (UPDATED)

By Maggie Hennessy

Red Bull is planning to roll out its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, a spokesperson told FoodNavigator-USA. The news was initially reported in Austrian newspaper Kronen...

Hershey ups palm oil pledge but Greenpeace wants more

By Oliver Nieburg

Hershey has committed to purchasing 100% traceable and sustainably-sourced palm oil by the end of 2014. Greenpeace has welcomed the move, but has reservations about timelines and terminology.

Takeover Panel steps in to bring order to Warrnambool mess

By RJ Whitehead

Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated three-way bidding war for the Australian dairy manufacturer.

Typhoon-hit farmers begin massive replanting programme

By RJ Whitehead

One month after Typhoon Haiyan struck a devastating blow to the Philippines, farmers who lost essential crops and supplies are receiving the first wave of emergency seeds, restoring hope for a productive planting season and much-needed food for the...