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A PRIVATE equity group which already owns Weetabix and Orangina yesterday added seafood firm Young's to its portfolio after agreeing a £1.1 billion takeover.

FORTH Wines, which bills itself as Scotland's largest specialist wine merchant, is forecasting a sales turnaround after turnover in the year to the end of February dipped

FEELINGS are still running high in Argentina over export taxes, despite last week's government climbdown over increased duties on grain.

Honey Amber Rose, Trademarked as the First Beer for Women, Takes an Unprecedented Step

PepsiCo has today (23 July) posted double-digit sales and earnings growth for the first half of the year.

NEW YORK, NY (MARKET WIRE) High net-worth consumers rated Technorati the most prestigious social networking site in the 2008 Luxury Brand Status Index (LBSI) survey from the independent New York City-based Luxury Institute (www.LuxuryInstitute.com). Respondents who would recommend Technorati say it "gives content that is relevant," "is easy to use, relevant and free," and "has a good reputation among people who work." WordPress and LiveJournal rank second and third, respectively.

OREM, UT (MARKET WIRE) In an effort to be more energy efficient and environmentally friendly, Xlear, Inc., a leading manufacturer of xylitol products, today announced that the company is switching to a Monday through Thursday work week effective August 4, 2008. A small staff of customer service representatives will telecommute on Fridays to respond to customers' immediate needs, while a small fulfillment crew will work a half-day to manage any shipping and receiving needs.

WALLA WALLA, WA (MARKET WIRE) Key technology, Inc. (NASDAQ: KTEC) today announced the appointment of Edward A. Wagner as Senior Vice president of Global Operations. Effective July 28, 2008, Wagner will have responsibility for driving new products to market, expanding the Company's global manufacturing capabilities and effectiveness, and providing analysis and leadership for all aspects of operations in support of the Company's overall strategic direction.

UK sugar giant Tate & Lyle has said that it is off to a satisfactory start to the year, with its first quarter profits broadly in line with the comparable period of last year.

Kraft is introducing new LiveActive Chewy Granola Bars, the first-ever, non-refrigerated bar containing both a live probiotic culture and fiber. Probiotics are live cultures that exist naturally in the digestive system and are important to healthy digestive functions.