GFM Network News


Post tucks into British breakfast cereal Weetabix

London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company a European base on which to build. The combination will help Post’s existing brands, which include Honey Bunches of Oats and Grape-Nuts, to expand overseas, […] Read more



Two new bird flu cases in China amid poultry crackdown

Two more people have contracted bird flu in Shanghai, China’s health ministry said on Saturday, as authorities closed live poultry markets and culled birds to combat a new virus strain that has killed six people. State-run Xinhua news agency said authorities planned to slaughter birds at two live poultry markets in Shanghai and another in […] Read more