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Fonterra profit plunges, payout forecast cut
2014-09-24 07:22:12| Food - Topix.net
Fonterra has announced a big drop in the forecast farmgate milk price to $5.30 for the present season, with no promises the price slide will halt there. Their fortunes are tied to the amount of milk their cows produce and the amount the co-operative pays them for each kilogram of milksolids produced.
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profit
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Fonterra profit plunges, payout forecast cut
2014-09-24 07:22:11| Food - Topix.net
A big cut to Fonterra's milk price forecast is unlikely to mean cheaper prices on supermarket shelves, the company says. The company has slashed the forecast milk price it pays farmers from $6/kg of milk solids to $5.30/kg, down from last season's price of $8.40, due to a drop in prices at its dairy auctions.
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profit
forecast
payout
US beverage giants vow to cut calories to fight obesity
2014-09-24 04:31:44| Beverages - Topix.net
US soft-drinks giants on Tuesday promised to work to reduce the country's beverage calorie consumption by 20 percent by 2025 in a campaign to counter obesity trends. American soda giants promise to work to reduce US beverage calorie consumption by 20 percent by 2025 in a campaign to counter obesity trends.
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Largest US fizzy drinks companies pledge to cut calories in soft drinks by 20 percent by 2025
2014-09-23 20:44:38| Beverages - Topix.net
The largest soda makers in the United States promised today to cut the calories in soft drinks nationwide by 20 percent by 2025. The pledge, announced at the Clinton Global Initiative annual meeting, follows an agreement between the American Beverage Association, an industry trade group that includes companies like Coca-Cola Co, PepsiCo Inc , and Dr. Pepper Snapple Group Inc, and the Alliance for a Healthier Generation, founded by the American Heart Association and the Clinton Foundation .
BHP Billiton to cut 700 coal jobs
2014-09-23 08:39:48| BBC News | Business | UK Edition
BHP Billiton and Mitsubishi plan to cut 700 jobs at a joint coal mining venture in Australia because of tough market conditions.
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