GFM Network News

Danone sales rise as dairy product demand revives

Paris | Reuters — Danone on Tuesday reported stronger than expected first-quarter sales and said it was on track to deliver higher sales and profits this year despite challenging conditions in Brazil and Russia. The world’s largest yogurt maker, whose brands include Actimel and Activia, reported a 3.5 per cent increase in first-quarter like-for-like revenue, […] Read more

Canada says TPP offers limited access to dairy market

Ottawa | Reuters — Canada said on Monday that a major trade deal agreed by 12 Pacific nations would only allow limited access to protected Canadian domestic dairy and poultry markets, a politically sensitive issue ahead of the Oct. 19 election. Officials said the Trans-Pacific Partnership (TPP) would offer up just 3.25 per cent of […] Read more