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Top International Stuff




Mars to put its chocolate on a diet
Thursday, 16 February 2012

SnickersMars, the maker of Snickers and Twix candy bars, will stop selling chocolate products with more than 250 calories (1 047kj) in them by the end of next year, a spokeswoman said this week.

 
Kellogg buys Pringles brand after Diamond Foods bows out
Thursday, 16 February 2012

Pringles

The cereals giant Kellogg hopes to add some more snap, crackle and pop to its financial results with the acquisition of Pringles. The $2.7bn (£1.7bn) deal adds the famous tubes of saddle-shaped crisps into a portfolio that includes Kellogg's Corn Flakes, Rice Krispies, Special K and Cheez-It crackers. Pringles brings in revenues of about $1.5bn, tripling the size of Kellogg's non-cereal snacks division and adding 1 700 employees.

 
The mystery monk making billions with 5-Hour Energy shots
Tuesday, 14 February 2012

5 hour energy5-Hour Energy, the two-ounce (60ml) caffeine and vitamin elixir that purports to keep you alert without crashing. In eight years 5-Hour has gone from nowhere to $1 billion in retail sales. Truckers swear by it. So do the traders in Oliver Stone’s 2010 sequel to Wall Street. So do hungover ­students. It’s $3 a bottle, and it has made Bhargava a fortune.

 
New chief brewer for SABMiller
Monday, 13 February 2012

Prof Katherine SmartA new group chief brewer has been appointed at SABMiller to replace the present one, Barry Axcell, who plans to retire in July, the company reports.

 
EU: “Probiotics category could disappear,” Danone spokesman
Monday, 13 February 2012

ProbioticsPreparing for the worst under the European Union’s uber-strict health claims regime, a Danone spokesman says the company may have to concede defeat and that the world’s highest-selling functional food category could disappear altogether.

 
Red Bull looks to South America for ongoing success
Monday, 13 February 2012

Red BullRed Bull has received approval from Brazil's state development council for the installation of a soft drinks plant in the country, the first plant in the world to be fully owned by the Austrian energy drinks maker.

 
US: Cola giants cut costs and jobs to boost marketing
Friday, 10 February 2012

Pepsi-CokeThe world's two super-cola powers, PepsiCo and Coca-Cola, have outlined business plans this week to better compete against each other and please shareholders: both are looking at cutting costs dramatically while at the same time investing those saved millions into marketing...

 
US: Wal-Mart unveils "Great For You" front-of-pack icon
Thursday, 09 February 2012

Great for YouA year after pledging to develop a front-of-pack label that would give its customers an easier way to identify healthier food, Wal-Mart Stores has unveiled the "Great For You" icon. Part of the company's healthier food initiative, the icon is an effort to implement a transparent, summary icon for its private-label brand products backed by rigorous nutrition criteria.

 
Three new billion-dollar brands for PepsiCo
Friday, 03 February 2012

Pepsi billion dollar brandsPepsiCo has announced that Diet Mountain Dew, Brisk and Starbucks ready-to-drink (RTD) beverages have each grown to more than $1 billion in annual retail sales, expanding PepsiCo's portfolio of billion-dollar brands to 22. PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands.

 
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