Shuangui International made news yesterday after announcing its $4.7 billion buyout of Smithfield Foods, which is poised to become the largest-ever Chinese takeover of a U.S. company. US consumers have been left concerned about their meat supply.
Shuanghui International Holdings Ltd. has agreed to buy Smithfield Foods Inc. for approximately $4.72 billion, the largest acquisition of a U.S. company by a Chinese company, according to reports released Wednesday.
Germany's DZ Bank is to end speculation in food commodities, following a move taken by several other German banks, a letter from the bank showed on Monday.
A decline in the diversity of farmed plants and livestock breeds is gathering pace, threatening future food supplies for the world's growing population, the head of a new United Nations panel on biodiversity said on Monday.
Chef Mads Refslund, co-founder of Noma - long rated the world's top restaurant - and an early proponent of the foraging movement, looks forward to getting a sense of the lay of the land and forage in Hong Kong when he visits there next month.
Israeli food and drinks maker Strauss Group posted sharply higher first quarter net profit, boosted by income at its international coffee and its spreads and dips operations as well as by lower expenses and streamlining measures.
Following the recent Chinese crime ring busted for selling more than $1 million worth of lamb that was actually rat meat and thousands of dead pigs floating in a Shanghai river, Chinese parents are left concerned on what food they offer their children.
The number of customers visiting U.S. restaurants were stable in the first quarter of 2013 compared to the traffic gains encouraged by mild winter weather in the first quarter last year, according to a report by The NPD Group.
The President and CEO of the National Restaurant Association (NRA) Dawn Sweeney called on Congress to move quickly to pass immigration reform on Tuesday.
Good news for job seekers out there who are looking for a summer job. According to National Restaurant Association (NRA) projections report released Thursday, restaurants are expected to add 448,000 jobs this summer season, a 4.5-percent increase over the March 2013 employment level
A new study released found that eating "healthy" meals can actually become healthy as people generally tend to eat larger portions of the healthier meal.
A new study released Thursday found that young people eating at fast food or chain restaurants twice a week or more were half as likely to use calorie information as those eating there once a week or less.
NASA announced Wednesday it is funding construction of the world's first ever 3D food printer.
Pope Francis criticized what he called "savage capitalism" on a visit to a food kitchen on Tuesday, in an address in which he called for the values of generosity and charity to be revived.
The Office for National Statistics released the following seasonally adjusted data on British retail sales on Wednesday. All figures are percentage changes unless otherwise stated.
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