Firm makes world's most expensive marmalade
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A company has produced what it says is the world's most expensive jar of marmalade, making breakfast a pricy proposition at 76 pounds per slice of toast.
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Rising sales of core spirit brands have helped drinks giant Allied Domecq report a rise in annual profits. The owner of Courvoisier cognac and Beefeater gin said full-year pre-tax profits before exceptional items rose 6% to Â£521m ($942.
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French drink empire Pernod Ricard announced on Thursday that its net profits rose by 18.0 percent over the past six months, thanks to a boost from its top global brands.
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French drinks group Pernod Ricard has signalled it is ready for more acquisitions after successfully absorbing British group Allied Domecq, which it acquired for 10.7 billion euros (13.6 billion dollars) last year.
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Scottish &amp; Newcastle, the drinks group that sells Foster&#39;s and Kronenbourg lager in Europe, announced yesterday that it is investing $171m (Â£88m) in the largest brewer in India.
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Near-record highs for milk costs sink Dean Foods' profits.
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Bird&#39;s Custard and Angel Delight have been sold for Â£70m to Premier Foods, the group which owns Ambrosia rice pudding and Rowntree&#39;s jelly.
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This firm peddles its sought-after wares to the world's great miners.
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The retail giant tops the list of corporate givers.
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Coca-Cola Amatil Ltd., Australia&#39;s biggest soft-drink maker, offered A$500 million ($382 million) in cash and stock for fruit canner SPC Ardmona Ltd.
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LâOrÃ©al, the worldâs largest cosmetics maker, said profit rose in 2006 as the company sold more LancÃ´me luxury makeup and Armani Code perfume. Net income climbed to 1.83 billion euros ($2.4 billion), after adjustment for some items, from 1.64 billion euros in 2005, the company said. Revenue for the year rose 8.7 percent, to 15.8 billion euros. In the fourth quarter, it rose 10 percent, to 4.2 billion euros. Sales of luxury cosmetics rose 5.3 percent in the year, helped by Armani Code perfume, while revenue from antiwrinkle products like Normaderm Nuit from Vichy rose 14 percent. LâOrÃ©al, which is based in Paris, said costs related to the acquisition of the Body Shop retail chain last year and an increase in expenses for research and development would hurt profit this year.
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MELBOURNE - Australian dairy group National Foods says it is in talks to take over food processing company SPC Ardmona, which has a market value of A$380 million ($408 million).
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Shares in French group Skis Rossignol, the biggest manufacturer of ski equipment in the world, sizzled upwards by 12.66 percent in the first trading session of the New Year on news in a newspaper interview that US sports group Quiksilver was stalking a stake.
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Ker-ching. An extra $2.14bn (Â£1.2bn) has landed in the coffers at Diageo, the global drinks giant whose brands include Guinness, Baileys, Johnnie Walker whisky, Gordon&#39;s gin and Smirnoff vodka.
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The world's best-known branded products, names that have powered the global economy for the past half-century including Coca-Cola, Colgate and Knorr, are facing fierce competition in Europe from anonymous cheaper rivals.
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Expensive coffee? Starbucks is cheaper than you thought.
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Australian soft drink bottler Coca-Cola Amatil Ltd. has launched a friendly Aust. $500 million ($382 million) bid for SPC Ardmona Ltd.