Economics

Danone Counts Cost Of Food Scare In Asia, Shares Drop

Danone counts cost of food scare in Asia, shares drop (via AFP)

Shares in food and dairy group Danone fell by 3.85 percent early on Wednesday after a profits warning over the cost of a health scare about baby food in China. Danone said that a false alert by New Zealand milk product supplier Fonterra, which caused…