Food distributor 3663 has finally revealed the name of the company that had supplied halal food containing pork DNA to prisons.
The food distributor announced that the very small number of halal savoury beef pastry products that were found to contain traces of pork DNA had been supplied by McColgan's Quality Foods Ltd.
Halal meat can be described as meat slaughtered by hand and blessed by the person doing the slaughter. However, some Muslims have now started accepting mechanized form also. But under Islamic law, the consumption of pork is strictly forbidden.
British chilled food magnate Ranjit Boparan triumphed in a battle to acquire Northern Foods, after the Fox's Biscuits and Goodfella's pizza-maker backed his 73p-a-share bid.
Forty-four-year-old Boparan’s bid values Northern Foods at £341 million. Mr. Boparan’s bid is well ahead of Dublin-based Greencore's November bid of 50p-a-share. Mr. Boparan has been building a stake in the firm since December.
The deal will create one of the UK’s biggest food suppliers, with a workforce of around 17,000 and a turnover of more than £2 billion.
In order to attract more employees and to increase the welfare of people working in its chains, McDonalds has announced that it would be offering its restaurant managers, qualifications that would be equivalent to college level degrees. The degree would last for a period of two years and would be a Foundation Degree in Managing Business Operations.
The high-octane alcoholic beverage extremely popular on college campuses, once again under fire and singled out for criticism by health experts, has led to Michigan announcing a ban of alcoholic caffeinated drinks like Four Loko produced by Chicago-based Phusion Projects, Thursday.
A day earlier, before Michigan’s announcement, members of Chicago’s City Council also put forward their own proposal for imposing a ban on energy drinks containing alcohol.
A warning issued by Costco Wholesale Corp. and federal health officials informs consumers a cheese sold at Costco stores in Arizona and four other states, recently has preliminarily been linked to an E. coli outbreak responsible for causing 25 people to fall sick.
In-store tasting between 5th October and 1st November offered the Bravo Farms Dutch Style Raw Milk Gouda Cheese for sale at Costco stores in Colorado, Arizona, Nevada, New Mexico and the San Diego, Calif. area.
Beer sales for the quarter ending in the month of September have reported a drastic fall. The fall in the sales of beer has been blamed to be because of the end of World Cup and a lack of sales in the ending of the month of August.
The sales for beer have spiraled down by a massive 9.7% and have been recorded to be the worst fall in the sales of beer, in the past thirteen-years.
KFC's Double Down sandwich, which began selling in America back in April and has also became a part of the Canadians’ menu and will also be marketed across the nation from October 18.
The mouth-watering sandwich is made up of two slabs of chicken that drape bacon and have filling of cheese and a secret sauce. It contains 540 calories, 30 grams of fat and 1,740 milligrams of sodium, while the daily recommended salt intake is 1,500 milligrams.
Since 2007, for the first time the Irish drinks company, C&C Group, has managed to put a stop to declining sales of its Magner’s cider brand.
Large advertisement, especially through TV ads featuring fictional Cricket Club, Clonmel, from Ireland’s Co Tipperary boosted the company’s sales by 0.7 percent.
According to John Dunsmore, chief executive, the volumes of sales of the company are still lower than half of the peak levels of 2006.
C&C has spent around £10m for regenerating Magner’s fortunes.
McDonald's Corporation, the largest fast food chain in the world, made an announcement on Thursday saying that it is increasing the quarterly dividend by 11%. As a result, the share value of the burger giant reached 61 cents for a share, and the investors received revenue of $5 billion. The profits also covered the expenditure of $650 million. This new quarterly dividend is equal to an annual $2.44 per share.
Dairy firm has issued a word of caution that the present fiscal year might witness a £7million downturn. Yesterday, the market was stunned by Robert Wiseman Dairies' warning of weak earnings.
The firm said that a £7million hit was anticipated in the present fiscal year, but it seems that the number has now increased to £16m in the next year, because of "an accumulation of margin pressures".
The latest reports claim that the market is abuzz with the news that Burger King is considering sale. The No. 2 hamburger chain in the US is believed to be considering the sale way and the news is rife that it is also in talks with numerous perspective buyers.
On Wednesday, a source, who claims to well versed with the developments confirmed that 3i Group Plc is one of the potential buyers and has shown interest in the burger chain.
Beef from two bulls that were the offspring of a cloned cow has been eaten in Britain.
The Food Standards Agency the two bulls were among eight cattle conceived using embryos harvested from a cloned cow in the US. The development has triggered debate over the role of the food watchdog.
It may be noted here that under European law, food products produced from cloned animals must get approval from the concerned authority before they are put for sale. However, experts stress that food products from the offspring of cloned animals do not pose any health risk.
The Food Standards Agency is examining the assertions that the milk from a cloned cow's progeny has been sold in the UK without the consent for the same. But how come it has concluded up here?
The thought of cloned animals will bring the image of Dolly the Sheep which was the first mammal cloned from an adult cell by the scientists in Scotland in the year 1996 and perhaps laboratory mice.
Cal-Maine Foods Inc., has reported double profit in its fourth-quarter. Country’s biggest egg seller and distributor said that in the fourth quarter, sales were increased, while the cost of feed dropped.
Fred Adams Jr. from the Company said that in the current scenario the market forces were balanced. He said that the food service and retail sales were reported to be better than earlier. The Company deals in 29 states in the south-western, mid-eastern, mid-Atlantic regions and south-eastern areas of United States.
It is reported that in the second quarter, Coca-Cola Co. retailed a lot more drinks in all the regions, barring Europe.
Coca-Cola was ahead of packaged-food makers like Kellogg and General Mills, in securing better revenues. Extensive publicity in market and bigger-margin products certainly gave the Company an edge over others.
According to Bill Pecoriello of Consumer Edge Research, Coke traded at 14.7 times 12-month forward profits, while the average packaged-food corporation traded at 11.6 times.
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