General Mills fears effect of fuel prices
General Mills' net sales increase of three percent to $2.66 billion for fiscal 2006 first quarter has been dampened by fears that higher fuel prices will put pressure on earnings for the rest of the year.
Archives for September 22, 2005
Gas prices affecting consumer spending, says study
Record high gasoline prices and the impact of Hurricane Katrina are leading large numbers of consumers to change how they shop and spend, says a market research firm.
Danisco ramps up freeze-dried cultures production
Danisco has announced the next phase in its global cultures expansion programme, investing €3 million in ramping up production capacity of freeze-dried cultures at its plant in Sassenge.
Palm oil demand driving orang-utan to extinction
A UK lobby group is targeting the Malaysian and Indonesian palm oil industries, claiming that intense farming of plantations is threatening the orang-utan with extinction.
Aloe vera developed as natural preservative
Researchers in Spain have developed an aloe vera gel that can be used as an edible coating to prolong the quality and safety of fresh produce.
Corn dumping claims 'fundamentally flawed'
The US corn industry has slammed an investigation into alleged injurious dumping and subsidizing of grain corn by the United States as being "fundamentally flawed".