Food giant sells out of Zimbabwe
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The state takes full control of one of Zimbabwe's main food processors by buying out US firm HJ Heinz.
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The Prince of Wales is dropped by Sainsbury's as a supplier of vegetables.
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Business: 9 November 2004, Tuesday. Apartments in Frankfurt and Amsterdam, an office in Paris and two houses in Zimbabwe's capital Harare are in process of changing ownership from the bankrupt flag carrier ...
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The government warned consumers and retailers Monday to take urgent action to rid their shelves of more than 90 different products, from chili sauce to corned beef hash to dog food, produced at a plant linked to a botulism outbreak. Castleberry's Food Company closed the suspect plant.
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LONDON Mars, the candy and food company that owns brands like Milky Way and Starburst, said Thursday that it was consolidating much of its global advertising account with units of Omnicom Group, dealing a blow to Grey Global Group and its soon-to-be parent
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DUTCH media group VNU is selling off its yellow pages directory business, World Directories, to World Directories Acquisition for Â£1.
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Nestle SA, the world's biggest food and drink company, reported flat nine-month sales figures on Thursday, citing currency fluctuations and other divestments.
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Zimbabwe authorities ordered businesses on Thursday to stop selling basic goods in bulk to avert shortages after an official price freeze triggered a frenzied buying spree that has emptied most shop shelves.
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Giant Food is preparing to close five of its older stores in the Maryland suburbs and Northern Virginia to make way for a new generation of ramped-up Super Giant stores.
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Richard Branson on Monday sold his Virgin Megastores record shops in Britain and Ireland, shedding the brand which launched his Virgin empire.
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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Diageo, the world's biggest spirits company, is selling most of its 20% stake in US food company General Mills to ease its Â£4.5bn ($8bn) debt burden.
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Huge price increases for bread, electricity and meat drove Zimbabwe's annual inflation rate to 1,593.6 percent, the Central Statistical Office was quoted Tuesday as saying.
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Premier Foods, the owner of brands such as Branston Pickle and Ambrosia Cream Rice, buys fellow food company RHM for Â£1.2bn.
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Zimbabwe has clinched a deal to export 5,000 tonnes of beef to Hong Kong from next year, the first such long-distance order in five years, an official said.
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One of Britain's biggest property funds shuts its doors to withdrawals after panic selling
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Tell that to Leeds-based Arla Foods whose shares slipped by four per cent yesterday after supermarket giant Sainsbury&#39;s announced that it would no longer be among its milk suppliers.