Japan

“Lucozade and Ribena are iconic brands that have made a huge contribution to GSK over the years, but now is the right time to sell them...

SOLD! GSK exits drinks market

Glaxo sells Lucozade and Ribena to Suntory for £1.35bn cash

By Shane STARLING

Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and trains its focus on its pharma activities.

Japan is awaiting further in-depth info on extent of GMO wheat in US before it opens imports

Japan calls for more GMO info before lifting US wheat ban

By Kacey Culliney

Japan will not lift its ban on US Western White wheat imports until the American government provides detailed information on the extent of unauthorized genetically modified wheat found in Oregon, a government official says.

Rushi, J-Oil and Toyota form edible oil super-corporation in India

M&As

Rushi, J-Oil and Toyota form edible oil super-corporation in India

By RJ Whitehead

Ruchi Soya, one of India's biggest food companies has entered into a joint-venture with J-Oil, Japan's leading edible oil business, and Toyota Tsusho Corporation, the global trading firm. The aim of the partnership is to develop and manufacture...