'Sticking point in UK-Japan trade talks' is blue cheese

Talks aimed at achieving a post-Brexit trade deal between the UK and Japan are reported to be stalling because of a disagreement centred on cheese. 

Nestlé to cut jobs amid production move

Nestlé plans to cut 41 jobs in Germany as the Swiss food giant shifts part of its production of the Thomy ketchup brand from Nestlé's plant in the German city of Neuss, to its facility in Kalisz, Poland.

Schwan's to expand "world's largest pizza plant"

Schwan's Company, the US frozen foods business majority-owned by South Korea group CJ CheilJedang, is to expand its pizza plant in Kansas. The company suggested growing its facility in Salina will result in the creation of 225 new full-time jobs at what it claims is already the world's largest pizza production facility.

$200m

Packaged meat company Plumrose USA, a subsidiary of Brazilian meat giant JBS, is to spend $200m on a new factory to manufacture ready-to-eat products.

$287m

Indian multinational conglomerate ITC has completed the $287m acquisition of Kolkata-based spices manufacturer Sunrise Foods on a cash-free, debt-free basis.

$375m

Yum! Brands has completed its previously announced acquisition of US-based fast-casual restaurant chain The Habit Burger Grill for $375m. According to the agreement, Yum! Brands purchased all issued and outstanding common shares of the restaurant chain for $14 per share, using available cash and borrowing capacity.