Archives for June 26, 2005

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Sunflower oil price hits new high

Cost pressures on food producers and processors operating in Russia look likely to increase as prices for sunflower seed oil rise ever more rapidly, reports Angela Drujinina.

Nestlé invests in tough Russian confectionery market

Nestlé has launched new sweets and biscuits in Russia as intense competition has forced the firm to invest heavily in what is now the world's fourth biggest confectionery market, reports Angela Drujinina.

EU ministers reject Brussels move on GM foods

Ongoing divisions over GM ingredients once again evident in Europe as EU ministers throw out an attempt by the Commission to overturn bans on growing legal GM crops currently in place in a handful of member states, reports Lindsey Partos.