Tesco starts in November in the USA

Tesco starts in November in the USA

The world's third-largest food retailer is seeking to woo U.S. shoppers with ready-to-eat meals and fresh produce in areas that are underserved by supermarket and grocery store chains. The entry...

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Magazine tests find Red Bull “lacking”

Red_Bull has taken a hammering from a consumer magazine in Germany. The energy drinks brand was found to contain too much sugar, too much caffeine, unnecessary vitamins and some questionable substances...

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Cheap norse salmon on the borders?

Norway and EU is hopping a positiv answer from the WTO.  There has been a shocked reaction to claims from the Norwegian state broadcaster, Norwegian Broadcasting Corporation (NRK), that the...

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Instead of East-Europe Nordsee'll open its restaurants in Far-East

The German company, famous of its fish food, next year will appear in Egipt, Saud-Arabian and in other arabian country. The 150 Nordsee restaurants in Far-East will get the same...

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Aldi starts to build the first store in Region Baranya

German-based company Aldi, the world's tenth-largest retailer comes amid the aggressive expansion of discount retailers within the past two years in Hungary. Pécs will be one of the region centers....

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Profi stores in Romania

Die belgian Louis Delhaize Group's discount chain Profi bought 9 supermarkets in Bukarest from lithuanian Maxima Lt. Chain. The supermarkets' last year's income was 23 million euro, 30% more than...

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Russia bans Italian poultry to stop bird flu

Russia banned poultry imports from Italy starting Monday to prevent the spread of the bird flu virus after outbreaks in the EU member state.   An outbreak of low pathogenic...

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Lidl'll get share in a german bio store chain

The discount store chain wants to get 23% share in the Basic, customers and suppliers protest. Lidl would to increase the number of bio products in its own shops too....

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16% sales' increase at Lindt & Sprüngli in H1

The excellent growth in sales during the first half of 2007 has seen operating profit (EBIT) rise substantially by CHF 16.2 million to CHF 31.7 million or +104%, while the...

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Mood Media Makes Changes At The Top

Stepping down as Group Executive Chairman at Mood Media concentrate on strategic growth opportunities for the Group and other investments, Philippe G von Stauffenberg has named Jean-Marie Noizet, previously Group...

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Nike Inc. has won lawsuits against fakers and dealer

The Shanghai Court awarded the world's largest sports apparel company, a total of 350,000 yuan ($46,100) in damages. The Shanghai No. 2 Intermediate Court awarded Nike, the world's largest sports...

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Lebedyansky pays dividends for 2006

The company paid US$22.5m at $1.1 per share.  The Russian juice company hit the headlines last week, when local reports claimed it was in talks with PepsiCo over a possible takeover....

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Nestle Waters is set to buy a water production facility in the US

The US unit of the water company is thought to be around two months away from acquiring Blu Springs Farm in Oswego County in New York.   The unit will...

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Chinese food meet the standars

More than 99 percent of China's food exports meet U.S., European Union and Japanese standards, according to a White Paper policy proposal released by the information office of China's cabinet....

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From 2009 no more Nickelodeon figures in junk food ads

Nickelodeon in pledging to limit the use of its characters on food packaging and promotional tie-ins when it targets kids under 12–unless the product meets certain healthy-living standards. Nickelodeon, which...

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Renovation in Rogner is finished

After one year renovating works the rooms are refurnished, there are new service places and a clima center. According to plans, on 3 of August, the renovation of 232 were...

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Cake of Hungary at six Szamos Marcipan confectionery

The Floating Island Cake's recipe was made by Association of Hungarian Confectioners, at the suit of the Hungarian Prime Minister's Office.The birthday cake of Hungary is a fancy cake, a...

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Sara Lee Corp. reported 32% operating income

The Chicago based company announced net sales for fiscal 2007, ending June 30, 2007, were $12.3 billion, an increase of 7.1 percent. Net sales grew in all six business segments,...

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Tetra Pak aims 10 per cent cut in CO2 emissions by 2010

The company, holds 80% share of the carton market, said it had reduced its CO2 output to 373,000 tonnes in 2006 from 390,000 tonnes in 2005.  The group added that...

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H.J. Heinz Co. introduced about 100 new products in the past 12 months

The company plans to add 200 items in the year through April. The company spent 25 percent more on marketing to promote healthier products in the U.S. and U.K  but...

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HUF 87.5 billion general government deficit in August

The ministry left its estimation for the entire year 2007 unchanged at HUF 1,529 billion, or 6.0% of GDP (cash-based figure without local municipality budgets). As expected, Hungary had HUF...

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