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  • UPDATE 2-Kellogg and Abraaj battle for Egypt's Bisco Misr Wednesday, 26 Nov 2014 | 9:38 AM ET

    CAIRO, Nov 26- The battle for control of Egyptian cake and biscuit maker Bisco Misr intensified on Wednesday as Abraaj Investment Management raised its initial bid to trump a rival offer from Kellogg Co.. UAE- based Abraaj, the Middle East's largest private equity firm, raised its offer to 80.58 Egyptian pounds per share, exactly two percent above a bid of 79 pounds...

  • UPDATE 1-Kellogg tops Abraaj offer for Egypt's Bisco Misr Wednesday, 26 Nov 2014 | 3:58 AM ET

    CAIRO, Nov 26- Kellogg Co, the world's biggest breakfast cereal maker, has offered 908.5 million Egyptian pounds for Egyptian cake and biscuit maker Bisco Misr, setting up a likely bidding war with a UAE investment company. UAE- based Abraaj Investment Management offered 850 million pounds this month for the Egyptian firm, which earlier refused a takeover bid...

  • Buckwheat problem gives Putin food for thought Tuesday, 25 Nov 2014 | 4:33 PM ET

    MOSCOW, Nov 25- As if Russian President Vladimir Putin did not have enough to worry about with Western sanctions, falling oil prices and a collapsing currency, there is also now the price of buckwheat. Rumors that snow has ruined the harvest in the Altai region that grows the fruit seed have caused panic-buying in some areas and pushed up the price of one of Russia's...

  • How NOT to fry your Thanksgiving turkey   Tuesday, 25 Nov 2014 | 1:00 PM ET
    How NOT to fry your Thanksgiving turkey

    The Consumer Product Safety Commission demonstrates the worst possible way to fry a turkey for Thanksgiving dinner during a news conference Tuesday.

  • Nov 25- Campbell Soup Co reported a better-than-expected quarterly profit as soup sales in the United States rose for only the second time in five quarters. But the soup business has been facing increasing competition from store brands and niche producers such as Pacific of Oregon, Harris Foods Co and Amy's Kitchen Inc.. Campbell Soups said it now expected...

  • Deadly pufferfish found in Crimean waters   Monday, 24 Nov 2014 | 10:30 AM ET
    Deadly pufferfish found in Crimean waters

    A fish known for its delicacy status in Japan and for its deadly poison was found recently in Crimean Waters. The large oceanic pufferfish's organs are filled with a poison more deadly than cyanide.

  • Pope: Greed of man will destroy the world Friday, 21 Nov 2014 | 2:18 PM ET
    Pope Francis addresses the Food and Agriculture Organization of the U.N. staff during the Second International Conference on Nutrition in Rome, Nov. 20, 2014.

    Pope Francis warned that if the world continues to abuse natural resources due to greed, it will lead to global disaster.

  • Nov 21- Sysco Corp, the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group in order to win regulatory approval for its acquisition of US Foods Inc, the New York Post reported, citing sources. Once Sysco strikes a deal to divest some assets, the Federal Trade Commission is expected to clear the acquisition,...

  • SATARA, India, Nov 20- After years of buying cooking oil sold in plastic bags at a village store, Indian farmer Kisan Pawar has made the jump to branded packs of soyoil from a retail chain. India's top edible oil importer Ruchi Soya sees the country's $8 billion branded oil market growing by up to 15 percent in 2015.. That's good news for overseas suppliers to the...

  • Eating up fast casual   Wednesday, 19 Nov 2014 | 2:52 PM ET
    Eating up fast casual

    Discussing your best bets in fast casual restaurant stocks, with Robert Derrington, Wunderlich Securities. Derrington likes Jack in the Box.

  • *Foreigners dominate Hungary retail market. BUDAPEST, Nov 19- Multi-national supermarkets could be driven out of Hungary, a trade lobby said on Wednesday, after the government raised their inspection costs and threatened to shut them down if they fail to make a profit for two years. Hungary's economy ministry this week submitted to parliament a draft bill that...

  • BUDAPEST, Nov 19- Multi-national supermarkets could be driven out of Hungary, a trade lobby said on Wednesday, after the government raised their inspection costs and threatened to shut them down if they fail to make a profit for two years. The government of Prime Minister Viktor Orban has a record of adopting idiosyncratic laws untroubled by how they are viewed...

  • Sweetgreen: Investing in healthy future   Wednesday, 19 Nov 2014 | 10:50 AM ET
    Sweetgreen: Investing in healthy future

    Jonathan Neman, Sweetgreen co-founder, discusses the growth and outlook for his organic food business.

  • Cramer's Mad Dash: Jumpin' JACK   Wednesday, 19 Nov 2014 | 9:28 AM ET
    Cramer's Mad Dash: Jumpin' JACK

    Jim Cramer explains what to watch ahead of the open, including Jack in the Box and BlackBerry.

  • MOSCOW, Nov 19- A surge in profits at Russian meat company Cherkizovo confirmed it as one of the few winners from a ban on Western food imports, but the pork and poultry producer signaled on Wednesday that a weaker rouble could curb a good run. Russia slapped a one-year ban on many Western food imports in August in retaliation to sanctions over Moscow's role in the...

  • NEW YORK, Nov 18- Hennessy Funds has been buying shares of J.C. Penney Company Inc and JetBlue Airways Corp as part of a bet on middle-income American consumers, portfolio manager Brian Peery said in an interview on Tuesday. That makes J.C Penney an attractive option, he said, despite its 19 percent drop for the year to date. Peery's bet on JetBlue is driven by the...

  • UK supermarket sales fall for first time on record Tuesday, 18 Nov 2014 | 9:42 AM ET

    The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.

  • Nov 17- Tyson Foods Inc, the largest U.S. meat processor, reported better-than-expected quarterly profit on Monday, helped by higher prices for beef and pork. Tyson's net income nearly halved to $137 million, or 35 cents per share, for the fiscal fourth quarter ended Sept. 27. Still, earnings excluding acquisition charges and other items came in at 87 cents per share,...

  • Tyson Foods profit beats expectations Monday, 17 Nov 2014 | 9:36 AM ET
    Tyson Foods

    Tyson Foods, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent.

  • UPDATE 1-Tyson Foods profit beats expectation Monday, 17 Nov 2014 | 8:57 AM ET

    Nov 14- Tyson Foods Inc's, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent in premarket trading. The company said it expects an adjusted profit of $3.30- 3.40 per share and sales of $42 billion for the year ending September 2015.