Mumbai / IN. (bi) Britannia Industries Limited, member of the Indian Wadia Group and top biscuit maker on the subcontinent, has bought out its partner Fonterra´s 49 percent stake in their joint venture in New Zealand, Britannia New Zealand Foods PVT Ltd., the company said in a regulatory statement.
Canton / MA. (dd) Dunkin´ Donuts, the world´s largest coffee and baked goods chain, is continuing with its ongoing expansion drive in the UAE. «Despite the difficult times, we haven’t felt any significant change between our takeaway or dine-in figures in our outlets. The sales have been steady so far», said General Manager David Rodgers.
Lviv / UA. (ojsc) OJSC Concern Khlibprom, one of the largest bread producers in Ukraine, in January to March 2009 saw 348’000 Ukrainian Hryvnyi (UAH) in net profit, which is almost eleven times less year-over-year.
Calabas Hills / CA. (cf) The Cheesecake Factory Inc. reported financial results for the first quarter of fiscal 2009, which ended on March 31, 2009. Total revenues were 392,8 million USD in Q1/2009 as compared to 393,8 million USD in the prior year first quarter. Net income and diluted net income per share were 10,0 million USD and 0,17 USD, respectively.
Milton Keynes / UK. (dp) Domino´s Pizza UK and IRL PLC, the leading pizza delivery company in the United Kingdom and Ireland, announced an Interim Management Statement. Data is for the period to 29 March.
Zurich / CH. (bc) The Board of Directors of Barry Callebaut AG has appointed David S. Johnson to the position of President and CEO Americas and member of the Senior Management Team,. Johnson will succeed Massimo Garavaglia, who has successfully held this position since September 2006, after having relocated from Europe for a three-year term.
Berlin / DE. (bfr) In the summer of 2008 research scientists at the Technical University of Munich besides acrylamide detected glycidamide in potato crisps. Glycidamide is a metabolite of acrylamide. In its risk assessment of acrylamide the German BfR took the toxic properties into account.
Berlin / DE. (bfr) For a long time diabetics were prescribed a strict diet with no sugar and instructed to keep an exact tally of bread units (BE). To make it easier to stick to the diet, industry developed special diabetic foods.
Berlin / DE. (bfr) Ship containers are sometimes fumigated with pesticides to protect goods during transport from pests and fungi. This also prevents the spread of insects or other pests from one country to another. The German BfR has received reports of health impairments suffered by the dock workers who opened these containers.
White Plains / NY. (bl) High cost inventories and aggressive pricing by competitors pressured fertilizer margins Bunge Limited reported in its statement for the first quarter 2009 results. Soft demand in agribusiness contributed to lower results versus an uncharacteristically strong first quarter in 2008.