After a quiet period, several deals are in the works involving consumer products. They include Procter & Gamble's move to purchase the European air-freshener business from Sara Lee, the possible sale of privately held Kettle Foods and Kraft Foods' hostile bid for Cadbury.
Chocolate Bar, the New York candy store frequented by American celebrities, has opened a Middle East location in Porto Arabia. Alison Nelson, who opened the first Chocolate Bar in New York in 2002, came from New York to supervise the opening of The Pearl-Qatar's Chocolate Bar.
Ronald Dissinger, who has been with Kellogg Co. for 22 years, will become the company's chief financial officer, starting Jan. 3. He takes over from John Bryant, who has been serving as CFO as well as chief operating officer.
Some nutritionists are concerned about the increasing popularity of the cookie diet, in which dieters eat special cookies several times a day and a dinner of lean meat and vegetables. Nutrition professionals say the cookie diet doesn't prepare people for healthy eating after the diet.