The Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights will hold a hearing on Anheuser-Busch InBev’s proposed plan to purchase SABMiller in a deal worth more than $103 billion.
The U.S. Senate Committee on Agriculture, Nutrition and Forestry held a biotechnology hearing for the first time in 10 years Wednesday to discuss the future of food technology as the industry responds to increased demand, production challenges and consumers’ calls for a safe and transparent food supply.
Approximately 5,000 cases of ready-to-eat frozen crab products produced by Massachusetts-based Rome Packing Company Inc. were seized by U.S. Marshals at the request of FDA and the state attorney.
SUBWAY Restaurants announced this week it has updated its antibiotic-free policy and will transition to only serving protein from animals that have never received antibiotics across all of its 27,000 U.S. stores in 2016.
Increasing demand for convenience packaging, forcing vendors to develop innovative packaging solutions, is an emerging trend in the food packaging market which is projected to grow at a CAGR of 4 percent through 2019, according to a new report “Global Food Packaging Market 2015 – 2019” conducted by SandlerResearch.org
Nestlé said last week it will resume production and sale of its popular MAGGI instant noodles after tests results from three Indian laboratories found that all product samples had lead levels that were well below the permissible limits.
Olam International Limited, a leading agri-business operating across the value chain in 65 countries, has completed the acquisition of ADM’s worldwide cocoa business at an enterprise value on a cash free and debt free basis of $1.2 billion.
Representatives from the U.S. dairy industry say it is “critical” that Congress solve the trade dispute over country-of-origin labeling (COOL) in order to block the progress of damaging new tariffs on dairy exports by Canada and Mexico.
To meet the demand for its popular cocoa drink Cadbury Bournvita, Mondelez International announced it has invested more than $50 million in a new Lagos, Nigeria production facility.