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  • Chinese pork giant plans IPO to raise up to $5.3B Monday, 14 Apr 2014 | 9:53 AM ET

    HONG KONG— China's WH Group, which became the world's biggest pork company after buying Smithfield Foods of the U.S. last year, said Monday it plans to raise up to $5.3 billion in an initial public offering on the Hong Kong Stock Exchange.

  • Drink mix maker plans Indianapolis expansion Monday, 14 Apr 2014 | 7:20 AM ET

    INDIANAPOLIS— A company that makes drink mixes and sweeteners says it's planning a $21 million project to add production and distribution facilities in Indianapolis. Carmel- based Heartland Food Products Group announced Monday that it anticipates adding up to 160 jobs in the next few years with the expansion on the north side of Indianapolis.

  • *WH Group, shareholders seeking $5.3 bln in Hong Kong IPO. HONG KONG, April 14- Two senior executives of China's biggest pork producer WH Group Ltd received a combined $600 million payout for helping the Chinese company seal last year's record $4.9 billion takeover of U.S.-based Smithfield Foods Inc, an unusually high incentive for an acquisition.

  • BEIJING, April 14- Hong Kong shares finished slightly higher on Monday in subdued trade, with a strong performance from blue chips including Hong Kong Exchanges and Clearing Ltd pulling up the index.

  • WH Group and some of its shareholders launched an up to $5.3 billion initial public offering in Hong Kong last week, the second-biggest ever listing by a food and beverage company. Yang Zhijun, an executive director in charge of investment, merger and acquisitions and financing for WH Group, was issued another 245.6 million ordinary shares.

  • Uber meets local lookalikes in Asia taxi-app wars Monday, 14 Apr 2014 | 3:31 AM ET

    MUMBAI, India— Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. Malaysia- based GrabTaxi operates in five Southeast Asian countries and recently announced more than $10 million in new investment.

  • Beef prices climb to highest in 25 years Saturday, 12 Apr 2014 | 11:17 AM ET

    The highest beef prices in almost three decades have arrived just before the start of grilling season.

  • Burritos or Big Macs?     Friday, 11 Apr 2014 | 12:29 PM ET

    The FMHR traders position high flying stocks against "steady eddies," including Chipotle versus McDonald's, and Netflix versus Comcast.

  • April 10- Wal-Mart Stores Inc wants Americans, even those on a budget, to buy more organic food. The move could help revive Walmart's flagging grocery sales and boost the profile of the resurrected Wild Oats brand.

  • Cramer: Wal-Mart doesn't know organic space     Thursday, 10 Apr 2014 | 9:17 AM ET

    "You've got to be in the natural and organic business to understand the ethos," says CNBC's Jim Cramer discussing Wal-Mart's deal to sell Wild Oats' organic products at lower prices to revive their grocery sales.

  • Costco key March sales metric tops Street's view Thursday, 10 Apr 2014 | 6:46 AM ET

    ISSAQUAH, Wash.— Costco's sales at stores open at least a year rose 5 percent in March, beating Wall Street's forecast. Analysts polled by Thomson Reuters expected a 3.5 percent increase. Costco said that the five-week period included one extra day compared with the year-ago period due to the timing of Easter.

  • April 10- Wal-Mart Stores Inc wants Americans, even those on a budget, to buy more organic food. The move could help revive Walmart's flagging grocery sales and boost the profile of the resurrected Wild Oats brand.

  • WASHINGTON, April 9- The U.S. Senate on Wednesday overwhelmingly approved the nomination of Justice Department official Terrell McSweeny to be the third Democratic commissioner on the five-member Federal Trade Commission. "We are delighted that the Senate has confirmed Terrell McSweeny to serve as an FTC Commissioner.

  • MADRID, April 9- Some of the owners of the world's top olive oil bottler Deoleo are rethinking plans to sell, sources said, after the Spanish government revealed its interest in buying into what it sees as a nationally strategic company. Deoleo said on Wednesday private equity firm CVC had made the highest offer for the company.

  • Chocolat Frey acquires majority of NY's SweetWorks Wednesday, 9 Apr 2014 | 11:28 AM ET

    BUFFALO, New York— A Swiss chocolate maker has acquired a majority of New York- based candy company SweetWorks, Inc.. SweetWorks, headquartered in Buffalo, says Wednesday that it will continue to operate as an independent group and its production facilities and staff in Buffalo and Toronto will remain in place.

  • BUSINESS-NEWS-SCHEDULE AT 1430 GMT / 10.30 AM ET Wednesday, 9 Apr 2014 | 10:47 AM ET

    Confectionary company Mars Inc said it would buy Procter& Gamble Co's pet food brands IAMS, Eukanuba and Natura in the United States and Latin America for $2.9 billion to beef up its pet food business. LONDON/ ATHENS- Bailed-out Greece is set to end its four-year exile from bond markets on Thursday with a five-year debt issue, three sources say.

  • April 9- Confectionary company Mars Inc said it would buy Procter& Gamble Co's pet food brands IAMS, Eukanuba and Natura in the United States and Latin America for $2.9 billion to beef up its pet food business.

  • April 9- Confectionary company Mars Inc said it will buy Procter& Gamble Co's pet food brands Iams, Eukanuba and Natura for $2.9 billion in major markets to beef up its pet food business. Mars will buy the rights to the three brands in North America, Latin America and other regions excluding Europe.

  • Shrinkflation: How your favorite treat shrank     Wednesday, 9 Apr 2014 | 1:00 AM ET

    You might have thought you were imagining it, but it's true - your favorite chocolate bar really has shrunk in size, due in part, to higher food prices. CNBC's Catherine Boyle reports on 'shrinkflation'.

  • US bacon prices rise after virus kills baby pigs Tuesday, 8 Apr 2014 | 1:28 PM ET

    A more conservative estimate from the U.S. Department of Agriculture shows the nation's pig herd has shrunk at least 3 percent to about 63 million pigs since the disease appeared. Already, prices have shot up: A pound of bacon averaged $5.46 in February, 13 percent more than a year ago, according to the U.S. Bureau of Labor Statistics.

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