Stories tagged “Food Industry.”
9 stories
The Best Cabrales Cheese Reaches 37,500 Euros in World Record-Breaking Auction
A piece of Cabrales cheese from the Ángel Díaz Herrero factory sold for a record 37,500 euros at the 54th Cabrales Cheese Competition, setting a new Guinness World Record.
A salmonella outbreak linked to imported eggs has infected over 200 people in the UK, prompting public concern about food safety, though experts advise careful egg selection rather than avoidance.
Tyson Foods is closing two beef plants and selling another, laying off hundreds of workers, due to a historic cattle shortage. Economists believe these specific closures won't significantly impact consumer beef prices, as the US has excess processing capacity.
An analysis found nearly a quarter of UK branded baby foods still contain excessive sugar, a year after voluntary government guidelines were introduced. Over half of products breached at least one guideline, with many also failing on salt content and misleading labels.
Dabur India has approached the Delhi High Court challenging an order by the Food Safety and Standards Authority of India (FSSAI) to stop the sale of products making 100% pure and natural claims.
Kraft Heinz's stock may look cheap, but its poor growth rate and unhealthy product associations make it a value trap. The company's new CEO has abandoned plans to break up the business, but its turnaround effort is uncertain.
NFC Fruit Juice Doesn't Need a Misjudgment
A recent incident in Henan, China, has led to a misunderstanding about NFC fruit juice. The incident involved several factories producing fake NFC fruit juice, but the entire NFC industry should not be blamed. NFC fruit juice is a type of fruit juice that is made from fre…
Dongguan's Salad Dressing King, Berry Food, Approved for IPO on Beijing Stock Exchange
Guangdong Baili Food Co., Ltd., a major supplier of Western-style condiments to Chinese restaurant chains, has received approval from the Beijing Stock Exchange listing committee for its IPO, aiming to raise 1.164 billion RMB.
A former tech professional, Salahodeen Abdul-Kafi, left his 14-year career at companies like Google and Microsoft to open Kafi BBQ, a halal barbecue restaurant in Irving, Texas, generating nearly $2.3 million in its first year.