by Admin | Sep 15, 2020 | News & Updates
Nestlé has announced the termination of a deal to sell its Canadian Pure Life bottled water business to private bottled water company Ice River Springs. Nestlé Canada said that the two companies had not been able to work through the Competition Bureau’s regulatory...
by Admin | Sep 14, 2020 | News & Updates
The apex food regulator, FSSAI, has issued a Draft Notification on Food Safety and Standards (Contaminants, Toxins and Residues) Amendment Regulations, 2020, related to MRL (Maximum Residue Level) of pesticides and tolerance limit of antibiotics and toxins. Under...
by Admin | Sep 14, 2020 | News & Updates
Nestlé is investing a further RMB 400 million ($58.5 million) into China, in an effort to boost sustainable agriculture and production in the country. The capital will be used to fund dairy practices, local grain cultivation and increasing production capacity of its...
by Admin | Sep 14, 2020 | News & Updates
Diageo-owned rum brand Captain Morgan has added a new spiced apple variant to its portfolio this autumn. Captain Morgan Sliced Apple Spiced Rum features the brand’s signature original spiced rum infused with a subtle hint of ginger and the taste of ‘fresh cut apples’....
by Admin | Sep 14, 2020 | News & Updates
Mondelēz International has agreed to sell part of its stake in Keurig Dr Pepper to a financial services firm for a total consideration of approximately $362.7 million. As part of the deal, Mondelēz will sell approximately 12.5 million shares in Keurig Dr Pepper at a...