Archives for August 24, 2004

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Parmalat continues to seek cash recovery

Parmalat, the Italian dairy company which has been in the hands of the administrators since collapsing with massive debts last year - has continued to take legal action against a number of leading financial institutions in a bid to recover some of the...

Soft drinks, diabetes link sparks fierce debate

Research suggesting a link between soft drink consumption and rising levels of diabetes in the US has sparked fierce criticism from consumer groups and beverage industry associations. Scientists with an axe to grind have manipulated the data, the...

Baltika launches Tula malt plant

Baltika, Russia's leading beer brewery, has announced the start of production at its newly constructed malt processing facility in Tula, central European Russia. The project aims to up the company's own supply of malt in an effort to reduce...