Archives for July 1, 2015

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Nestlé denies ‘pension betrayal’ in unions row

By Michael Stones

Nestlé has denied union claims of “pension betrayal”, after revealing plans to close its defined benefit pension scheme and replace it with a defined contribution scheme.

Morrisons boasts largest sales growth of big four

By Nicholas Robinson

Morrisons boss David Potts has boosted the ailing retailer’s sales and market share for the first time since December 2011, after heading the business for just four months.   

Ukraine and Russia to be Europe’s GM springboard

By Rick Pendrous

Ukraine and Russia are likely to become the bridgehead for the introduction of genetically modified organisms (GMOs) into the rest of Europe, according to the ceo of the French agricultural seeds and grain co-operative Limagrain.

Nestlé’s noodles gets UK safety green light

By Michael Stones

Nestlé’s Maggi noodles have received the all-clear from the Food Standards Agency (FSA), after a food safety crisis in India that is expected to cost the food giant millions of pounds.

Risotto rice is targeted by fraudsters

By Nicholas Robinson

Fraudsters are targeting risotto rice sold in UK supermarkets by substituting expensive varieties with cheaper ones, the boss of Italy’s biggest rice processor has claimed.