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November 7, 1998 | Times Wire Services
Dole Food Co. said its fiscal third-quarter earnings fell 36% as its banana business was hit by higher costs from El Nino storms and lower prices from Russia's economic collapse. Dole's net income fell to $15.6 million, or 26 cents a share, matching analyst estimates that were lowered last month after Dole warned that its results would fall short of forecasts by as much as 35%. Revenue rose 2.6% to $1.21 billion.
Bowing to an army occupation of the company town of La Lima and its sprawling plantations, Honduras' banana workers union accepted a government-proposed wage boost and returned to work Monday, ending a seven-week strike against a giant multinational fruit grower. The settlement Sunday night was a relief not only for Honduras' premier private employer, Chiquita Brands International, but also for the civilian government of President Rafael L.
December 20, 2000 | Associated Press
European Union farm ministers approved a plan to revise their banana import system, hoping it will resolve a lengthy dispute with U.S. and Latin American producers and lead to the lifting of trade sanctions. The plan calls for the 15-nation EU to keep a transitional system of tariffs and quotas to allocate the quotas on a first-come, first-served basis as of April 1, until a tariff-only system takes effect in 2006.
June 8, 1989
Easy Pork Chop Saute can be made in just minutes and slices of sauteed bananas make it irresistible. Cooking bananas lightly in a hot skillet gives them an entirely new character. Combining with chops that were simmered in a curry powder, cumin and orange juice mixture, adds an exotic touch. Choose firm bananas with a hint of green at the tip for cooking. They will hold their texture and are not too sweet. Store ripe bananas in the refrigerator for a week or slightly more. The peels may darken, but inside, the fruit is good and fresh.
February 16, 2000 | From a Times Staff Writer
Oh, the unappealing tales that can slip through e-mail. Like the warning about bananas from Costa Rica allegedly infected with flesh-eating bacteria. When a secretary at UC Riverside's College of Natural and Agricultural Sciences got such a warning last week, she innocently forwarded the e-mail to some friends. And they passed it on to others, who passed it on. . . .
April 30, 1997 | Associated Press
In a final ruling, the World Trade Organization on Tuesday upheld a U.S. complaint that the European Union's banana import system violates trade rules. The three-member WTO panel confirmed the rulings of a preliminary report and ordered the EU to change its import system, according to trade officials in Geneva who spoke on condition of anonymity. The ruling had been predicted, given the outcome of the preliminary report earlier this month.
May 18, 1989
"You may vary this recipe by using chocolate cookie crumbs and instead of pineapple you can use fresh sliced strawberries," Margarita Salazar writes. "Use your imagination--there is no end to what you can come up with." BANANA SPLIT DESSERT 1 (13 1/2-ounce) package Graham cracker crumbs 3 tablespoons granulated sugar 2 cups butter or margarine 1 (1-pound) package powdered sugar 2 eggs 2 teaspoons vanilla 5 or 6 large ripe bananas or 2 cups sliced fresh strawberries 1 (12-ounce)
January 25, 1999 | From Reuters
The European Union and the United States were holding last-minute talks Sunday aimed at heading off a trade war over bananas that would hit EU exports and the authority of the World Trade Organization. Diplomats said contacts were underway between officials in Brussels and Washington, and meetings were arranged between the trade ambassadors of the two powers in Geneva to avoid a clash set for today after WTO chief Renato Ruggiero proposed a way out of the dispute.
Plagued by weak banana sales in Europe and Russia, Dole Food Co. said Thursday that it will cut its global production by 17%, eliminate 1,500 jobs and terminate contracts affecting thousands more workers in Central America. The world's largest fresh fruit and vegetable producer will cease operations in two of its 15 banana- producing regions--Nicaragua and Venezuela--and consolidate operations in the U.S. and Europe.
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