Nestle India on Wednesday said it has inaugurated the first Nestle Food Safety Institute (NFSI) in the country at its Research and Development (R&D) Centre in Manesar to develop a collaborative approach towards ensuring safe food. According to the company, NFSI India, an integral part of Nestle R&D Centre India will work closely with the Nestle Research Center in Lausanne, Switzerland.
As if you needed any more justification, the case for eating cheese just got stronger. Granted the study was carried out on worms, but researchers at Korea University in Seoul have found a link between cheese and longevity. Emmentaler – a.k.a. Swiss cheese (cow’s milk cheese with cherry-sized holes) – contains the bacterium Propionibacterium freudenreichii. According to Metro News, it’s this bacterium in particular that the scientists examined, finding that it decreases inflammation and by extension, promotes longevity.
Online catering marketplace, Caterwings, have conducted a study regarding the global price of basic food items, as preliminary research ahead of their expansion into foreign markets. The research highlighted in particular that the cost of meat around the world is remarkably varied. To share these insights, Caterwings have released the 2017 Meat Price Index, which details the cost of meat in over 50 countries worldwide. The study revealed that Switzerland has the highest meat prices, at 141.9% more expensive than the average cost worldwide, followed by Norway (63.7% more expensive) and Hong Kong (61% more expensive), while Ukraine has the least expensive meat prices, at 52.3% less expensive than the average cost, closely followed by Malaysia (50.3% less expensive).
Heineken’s £403million takeover of Punch Taverns received the grreen light by the Competition and Markets Authority (CMA) after the competition watchdog accepted plans to sell off some the almost 1,900 newly-acquired pubs to allay fears it could reduce competition. Heineken announced last December that it was teaming up with Patron Capital, the private equity firm, to buy Punch for £409m (€305m), or £1.78bn once Punch’s debt is taken into account.
Swiss dairy group Emmi is selling its 24% stake in Italian cheese specialist Venchiaredo to focus on markets and sectors with "growth potential". Emmi, which acquired the holding in 2010, is looking to focus its Italian business on desserts, cheese exports from Switzerland and its 25% stake in cheese trader Ambrosi, according to a statement.
Nestle has acquired a minority stake in US online meal-kit service Freshly, the latest investment a packaged food major has made in the category. The world's largest food maker did not disclose the size of stake it has bought in Freshly but said it was "the lead investor in the $77mln round of new funding" that was announced by Freshly on Monday.
The country's Court of Appeal ruled that the chocolate treat, created in 1935 and marketed with the slogan "Have a Break, Have a KitKat", is not distinctive enough in shape to warrant a trademark. Nestle had argued that the shape of the famous snack was iconic and deserved protection. The ruling is the latest twist in a decade-long UK chocolate wars saga between Nestle and the US Mondelez International, maker of Cadbury chocolate. Nestlé originally registered the three-dimensional shape of its four-fingered chocolate bar in 2006 with Cadbury applying to cancel the registration, a claim it won in 2012.
The way shops advertise different types of food can have a big impact on the quality of your diet , according to a new RAND Corporation research, a US nonprofit institution. Studying people who live in areas considered to be food deserts, researchers found that more frequent shopping at convenience and neighborhood stores and being younger, male, without a college degree and receiving government food assistance were associated with greater intake of sugar-sweetened beverages, added sugars and discretionary fats. Being older, male and having a college degree were associated with eating more fruits and vegetables.
Food group Nestle has confirmed it aims to grow underlying sales by 2-4% this year after growth slowed in the first quarter, hit by weak consumer demand for packaged foods and a deflationary environment. Underlying "organic" sales growth at the maker of Buitoni pasta and Maggi soups slowed to 2.3 percent in the first quarter, from 3.9 percent in the year-ago period that included one more trading day and an earlier Easter, the group based in Vevey on Lake Geneva said in a statement on Thursday. This was in line with forecasts in a Reuters poll. Consumer goods groups face challenges as increasingly health-conscious consumers often prefer fresh produce to packaged foods.
The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, saw sales volume growth picking up to +3.5% in the second quarter (first quarter -0.4%), leading to a topline growth for the first six months of fiscal year 2016/17 of +1.4% to 946,782 tons. This contrasts with the -2.1% decline of the global chocolate confectionery market during the same period (Nielsen, Aug 2016-Jan 2017). "Markets are difficult everywhere, particularly in confectionery in the United States," Chief Executive Antoine de Saint-Affrique told reporters on a call on Wednesday, adding he expected to see an improvement in Europe this year and expected the good momentum for the company to continue.
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