News for the baking industry
London / UK. (fsa) Parents of children showing signs of hyperactivity are being advised that cutting certain artificial colours from their diets might have some beneficial effects. The colours – E110, E104, E122, E129, E102, E124 and E211 – were studied as part of new FSA-commissioned research.
Chicago / IL. (sl) Sara Lee Corporation revealed strategies for the company´s future growth opportunities at its annual meeting with analysts. The company said it has derived core capabilities to initiate innovation and extend its operations to potential geographies in order to deliver continued value to customers.
New York / NY. (blp) Wheat prices surpassed nine USD a bushel for the first time as a drought in Australia cut production, pushing global stockpiles toward a 26-year low.
Sacramento / CA. (ccpha) The California Assembly made California the first state in the United States to pass statewide legislation requiring fast-food outlets and chain restaurants to provide nutrition information at the point of purchase.
Kansas City / MO. (beu) On the one hand we read «Teamsters break off negotiations with Interstate Bakeries Corporation», and on the other hand we read «IBC responds to Teamsters press release». On the one hand …
Omaha / NE. (caf) ConAgra Foods Inc. announces that it has acquired Chicago-based Lincoln Snacks, a privately-held popcorn snacks manufacturer.
London / UK. (abf) Associated British Foods PLC told Reuters it is set to raise the price of its Kingsmill bread in the United Kingdom after wheat prices have nearly doubled over the last year.
Winston-Salem / NC. (beu / kk) Last week, Krispy Kreme Doughnuts Inc. reported an unexpected second-quarter net loss of 27 million USD. It also said it would close some struggling company-owned stores, sell a manufacturing facility, cut general and administrative costs and sell more stores to franchisees in a bid to regain its financial footing.
Beijing / CN. (gov / xinhua / sd) Moon cakes are sweet pastries with a bean base and an acquired taste for many in the West. They are a traditional treat for Chinese around the Mid-Autumn or Moon cake Festival, which falls on September 25 this year.
Beijing / CN. (gov) China´s moon cake producers are hoping to revive the spirit of China´s traditional Mid-Autumn Festival by packaging their products in simple, environment-friendly, recycled paper. More than 40 stores have joined a municipal government campaign to sell moon cakes in simple packaging.
