Archives for August 7, 2008

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News briefs: Nestle, Saputo and Parmalat

By Neil Merrett

This week, Nestle and Saputo publish their latest financial results, with dairy playing a crucial role for both companies, while Parmalat faces a setback over its proposed plans to expand in Australia.

Retailer responds to organic slowdown with price slash

By Jess Halliday

UK supermarket Tesco has announced that it is drastically reducing the price of organic produce by up to 25 per cent, in response to feedback from consumers who are feeling the effects of the credit crunch.