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PepsiCo’s game of two halves as international trumps North America – key second-quarter takeaways

The outperformance in international versus North American foods and drinks prompted one analyst to describe the scenario as “pretty stunning”.

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FrieslandCampina rejig aims for “simpler” European business 

The changes affect business units with remits that have overlapped in Europe.

JBS, National Beef to settle beef price-fixing lawsuit in Canada

Lawyers for the plaintiffs said in a statement the meat processors had made the “proposed national settlements”.

Spain’s SanLucar buys “controlling stake” in US berries firm Twin River

SanLucar said the investment will “significantly expand” its operations in North America.

Aussie poultry giant Inghams buys stake in protein-ingredients firm

JMP holds an exclusive worldwide licence to CSIRO-developed hydrolysis technology, which turns meat into “allergen-free” powdered protein ingredients.

Explainer: the EU’s Livestock Strategy and Protein Action Plan

The two strategy documents have been criticised by industry groups for lacking specific measures and targets beyond proposals.

Lactalis invests in desserts factory in Czechia

The French dairy giant is spending €9m ($10.5m) on projects that will upgrade production and automate logistics at its plant in Ostrava.

JBS scraps net-zero target in review of emissions goals

The meat giant is ditching its goal of achieving net-zero greenhouse gas emissions by 2040.

BellRing Brands names Snak King CEO Michael Axelrod as new chief 

He will succeed Darcy Davenport, whose departure was announced in February this year.