Food and Beverage Food Products

  • HANOVER, Pa.— A private equity firm has invested more than $146 million in Pennsylvania snack food company Utz. The Wall Street Journal reports Metropoulos and Company announced their investment Wednesday. Utz, based in Hanover, Pennsylvania, has made a number of acquisitions in the past five years, including Good Health pretzels and veggie straws and Zapp's...

  • LONDON, Oct 20- Unilever's push to raise the prices of its brands in Britain in response to a fall in the pound exposed the vulnerabilities of a company- and wider consumer brands industry- that can no longer count on selling more goods to deliver revenue growth. The pound's plunge since the June Brexit vote has put extra pressure on firms like Unilever, whose brands...

  • Millennial demands good for Nestle: CEO

    Nestle's CEO Paul Bulcke, says that his company is seeing more vigor in the U.S. than in Europe, and that changing consumer habits are affecting his company.

  • Pricing not important to organic growth: Nestle CEO

    Paul Bulcke, CEO of Nestle, says that deflation - particularly in Europe - means that pricing is not important to the organic growth of his company.

  • HONG KONG, Oct 20- Bond volumes for ChemChina's subsidiary jumped this month, underlining the market's divided views over the chemical giant's $43.5 billion acquisition of Swiss-based seeds company Syngenta and possible merger with China's Sinochem. Aggregate bond trading volumes in Europe from its unit Bluestar Finance Holdings Limited have exceeded...

  • NEW YORK, Oct 19- IBM, U.S. retailer Walmart and Tsinghua University on Wednesday announced a joint effort to track the movement of food products in China using blockchain technology to improve food safety in the world's second-largest economy. Chinese food safety practices have raised concern about contamination in China and in countries where Chinese food...

  • Caramel M&Ms set to hit shelves next year

    The brand director says the combination of chocolate and caramel is popular among sweet-tooths.

  • Chinese shopping agent Na Wang selects Sanitarium's Weet-Bix cereal biscuit, during a shopping trip for Chinese customers at an Australian supermarket in Sydney on August 2, 2016.

    A shrewd product placement on a popular soap opera in China has propelled a Western breakfast cereal to frenzied popularity in the country.

  • *Australia has been pushing to be' delicatessen of Asia'. SYDNEY, Oct 19- An unprecedented shortage of air cargo space, after years of booming exports to Asia, is forcing Australian producers of top-end foods to potentially miss out on hundreds of millions of dollars in sales of everything from lobster to cherries. Australia has been pushing to become the'...

  • The latest product on the Chinese black market? Weet-Bix

    Sanitarium Health & Wellbeing's Mark Roper talks about how Weet-Bix cereal has skyrocketed in popularity in China after being featured on a TV drama.

  • Hunger Games: Pizza vs. Burgers

    The "Fast Money" traders share their takes on food stocks, including Domino's Pizza, Papa John's and Yum Brands. Guy Adami goes to the streets to find out what New Yorkers prefer.

  • The Bank of Canada, which releases its latest forecasts on Wednesday, is projecting a healthy third-quarter recovery after a major wildfire in the oil-producing province of Alberta in May caused the economy to contract in the second quarter. "will provide even more reassurance to the Bank of Canada that third quarter GDP growth rebounded strongly," Capital...

  • OTTAWA, Oct 18- Canadian manufacturing sales in August jumped much more than expected on widespread strength, reinforcing expectations that broad economic growth rebounded in the third quarter. Statistics Canada said on Tuesday that sales rose by 0.9 percent from July to hit C $51.12 billion as eight of the country's 10 provinces recorded increases.

  • Danone should diversify internationally: Analyst

    Robert Waldschmidt, consumer goods analyst at Liberum, discusses Danone's business strategy, saying that the company is benefiting from diversifying its international markets.

  • survey@ JAKARTA, Oct 18- Indonesia's crude palm oil output likely rose in September on the onset of the harvest season, while a rise in exports was also seen, according to a Reuters survey. CPO production likely climbed by 2.4 percent to 2.9 million tonnes, according to the median estimate in a survey of three industry associations, a state palm research firm and one...

  • PORTLAND, Maine— Federal law enforcement officials are investigating a Maine business owner suspected of pocketing thousands of dollars under a cash-back scheme involving the food stamp program. Paul LePage on Monday called attention to a federal court affidavit filed last spring describing a scam that converted money meant to feed the poor into cash.

  • Acai: A millennial-approved superfood

    Melissa Ng, co-founder of Project Acai, talks about how customers want their food to be sustainably sourced, organic and have a positive impact on communities.

  • People eat fried chicken at a pub in Seoul, South Korea, October 11, 2016.

    The popularity of the combination has boomed thanks to an appearance in a hit South Korean television drama and an explosion of restaurant chains.

  • *Taste for fried chicken and beer takes off in South Korea. Global poultry producers hoping to cash in on South Korea's craze for fried chicken and beer face a market crowded with local birds that have clipped prices and profits for Korean growers. At a Seoul outlet of the popular BBQ chain recently, Kim Chang hoo said he and his colleagues had planned to go to a sushi...

  • Marijuana-infused candy is legal in some states

    Cannabis legalization is opening doors for new industries.