The Japanese celebrate Valentine’s Day in a rather unique fashion. Only women give away chocolate to the men they care about on the day itself. It is not unusual for women to buy a total of 20 t…
The Japanese celebrate Valentine’s Day in a rather unique fashion. Only women give away chocolate to the men they care about on the day itself. It is not unusual for women to buy a total of 20 t…
Chinese authorities say they are trying to track down nearly 100 tons of milk powder tainted with the industrial chemical melamine as the government struggles to prevent a recurrence of the large-scal…
McDonald’s, the world’s largest fast-food chain, said on Tuesday a key sales comparison rose 2.6 percent in January, as strong worldwide sales more than offset a decline in the US.
Sales i…
Coca-Cola reported a quarterly profit in line with analysts’ estimates as strong volume in China, India and Brazil offset a decline in North America.
Lower costs also helped lift profits at the …
Beef imported to Australia from countries where there has been an outbreak of bovine spongiform encephalopathy (BSE), also known as mad cow disease, will not be traced back to individual farms, a…
In a clear sign that China is getting increasingly bold in its response to an on-going trade dispute with the US, Chinese authorities on Friday slapped import duties of as much as 105.4 percent on US …
Cadbury PLC said on 3 February that three top officials will step down after the British candy maker’s shareholders approved Kraft Foods Inc.’s GBP11.9-billion (USD19.02-billion) takeover …
Foster’s Group has inked a new multi-year extension of its highly valuable contract to sell Corona beer in Australia, cementing its 22-year relationship with Mexican brewing giant Grupo Mod…
With days to go until Valentine’s Day (and its younger Japanese cousin, White Day), the barrage of new chocolate products and chocolate marketing has begun. Japan’s 285,000-ton-a year habi…
Japanese beer makers Kirin Holdings and Suntory on Monday scrapped a plan to create one of the world’s largest food and beverage makers, citing differences over governance and a merger ratio, an…