Big four accused of fixing dairy prices
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Supermarkets could face multi-million pound fines.
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Four international banks were indicted in Milan Tuesday on charges related to the 2003 failure of the Parmalat dairy empire, Europe's largest corporate bankruptcy.
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The European Commission fines four firms 345m euros for fixing prices in the sale of acrylic glass products.
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29/10/2004 National Foods will hunt for a &quot;white knight&quot; to protect it from Fonterra`s $A1.62 billion ($NZ1.76 billion) bid, raising the risk New Zealand dairy farmers will get dragged into an expensive bidding war.
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The largest U.S. candy producer saw a 98% drop in profits due to charges related to job cuts and higher dairy costs.
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Four international banks were indicted in Milan Wednesday on charges related to the 2003 failure of the Parmalat dairy empire, Europe's largest corporate bankruptcy.
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Stepping up its takeover defense from predator New Zealand Fonterra Co-operative Group, dairy target National Foods said today its shares were worth between $6.11 and $6.65 a share.
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Dairy Milk-maker Cadbury Schweppes says it plans to increase prices to offset rising raw material costs.
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The four main supermarkets say they will "vigorously" defend allegations that they colluded with dairies to fix the price of dairy products.
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It is great to see that the dairy farmers have recently received an increase in milk payouts of more than a billion dollars.
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Parmalat, the Italian food and dairy giant, has filed another civil lawsuit against a major financial institution, contending that managers at Bank of America helped structure a series of transactions that allowed more than $10 billion to be &quot;diverted
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Falling milk prices, evaporating European Union subsidies and tougher demands by supermarket chains yesterday nudged two of Europe&#39;s leading dairy companies into the biggest merger in the continent&#39;s dairy industry.
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The agreements with Merrill Lynch, ING Bank and Banca Monte Parma of Italy are related to the dairy groupâs 2003 failure.
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Fonterra Co-operative Group Ltd, the world&#39;s largest dairy exporter, offered A$1.34 billion (US$1 billion) for the shares it does not own in National Foods Ltd, to expand milk sales in Australia and Asia.
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CHICAGO An insider&#39;s well-timed trades on the Chicago Mercantile Exchange have given dairy farmers more money for their milk. The Chicago Tribune today reports that the head of the Dairy Farmers of America
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The UK's biggest dairy company Dairy Crest is to stop supplying fresh milk to Tesco, a deal which currently brings in about Â£60m a year.
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By TACON, Terry  AFTER just five years of operation, Dairy InSight is already almost halfway to a 15-year target it has set for itself of delivering $7 worth of value for every $1 dairy farmers pay in levies.