Archives for January 9, 2006

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Ahold receives preliminary approval for fraud settlement

By  Lorraine Heller

International retailing giant Ahold today announced that a US federal court has granted approval for its $1.1 billion legal pay out to shareholders, compensating them for an overstating of profits two years ago.

UK firm targets noni juice regulatory approval

By  Anthony Fletcher

A UK company has applied for approval of its noni juice products on the grounds that it is 'substantially equivalent' to other products that have already been authorised.

Understand GDP to improve business, says study

By  Lorraine Heller

Food manufacturers and retailers will be able to tell if a particular marketing campaign or the introduction of a new product is likely to be successful by studying the state of the nation's economy, according to a new report.

USDA lifts regulation on Monsanto GM corn

By  Lorraine Heller

A line of genetically engineered corn from Monsanto is no longer considered a plant pest, meaning that the company now has the right to market it to farmers, but the company has not yet announced when it is due to make its product commercially available.