Summary: Business News from Overseas
Business News frοm Overseas Article bу Melanie Cath
Mergers аnԁ takeovers аrе common іn thе field οf business. Still, іt seems sad tο see аn οƖԁ аnԁ beloved brand being taken over bу another. Chocolate lovers wіƖƖ јυѕt hаνе tο hope thаt thе taste οf thеіr favourite chocolate [...]
strongBusiness News from OverseasstrongpArticle by Melanie Cathp13
131313131313pMergers and takeovers are common in the field of
business. Still, it seems sad to see an old and beloved brand being
taken over by another. Chocolate lovers will just have to hope that
the taste of their favourite chocolate will not suffer in the
process.Lovers of the Cadbury brand of chocolate may be saddened to
hear the business news of another takeover Cadbury has been taken
over by Kraft. Cadburys was first started in 1824 by a Quaker of
that name who sold coffee, tea and hot chocolate for people to
drink rather than alcohol. From such humble beginnings a giant
emerged that spread over 60 countries and employed 40,000 people.
Mr John Cadbury would have been astonished had he still been
alive.ppTodays consumers of chocolate may not realise that the
brand also owns six other common names of chocolate, according to
business news. But all that may change once Kraft takes over as
experts in business news seem to think that Kraft traditionally
reduces staff and makes other major changes to companies that they
buy up. Kraft is not as old as Cadbury, having been founded in
Illinois in 1903 as a simple cheese wholesaler.ppHowever as happens
with most companies there were takeovers, mergers and additions of
all kinds according to business news. Today Kraft owns over 40
historic brands and many more that are not considered to be
historic. They employ even more people than Cadbury at 98,000, in
their 168 processing and manufacturing plants worldwide. The only
trouble with buying other companies is that it costs money and so
there is debt to be paid in some way or other.ppFrequently, that is
paid for by employees in terms of lost jobs. Shareholders also have
to give their approval, but this is not expected to pose a problem
in this case.13p1313 About the Author13pMel loves shopping and
writes about business news among other business related topics.p13
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The bedbug actually could be the boogeyman its scary, it comes out
at night, and like a horror movie, its now becoming resistant to
our tools for wiping them off the face of the earth. Read about
Ohios bedbug problem. Ohio State University researchers mapped out
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All right, Internet. Its finally time to stop with the Coachella
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conversation is swirling, and, of course, its full of surprises,
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With good reason, Chinas banning animal circuses theyre popular at
zoos, but unless you consider animals being ripped to shreds by
tigers as entertainment, you may be in the wrong place. More on
TIME.com Read about tiger abuse in China. Starting earlier this
week, the ban encompasses 300 stateowned zoos part of the China Zoo
Association.
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Apparently, its never too early to try to get your child ahead in
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It might just be a tattooed match in heaven. Less than a year after
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Ricky Gervais appears on Piers Morgan tonight see a clip after the
jump and defends his controversial appearance at the Golden Globes.
via Tuned In As far as Gervais is concerned, the uproar over his
Hollywood roast and his skewering of the awards body that organizes
the Globes misses the point.
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