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JBS forms meat joint venture with Indonesia’s sovereign-wealth fund

Investments will be targeted in Indonesia and the rest of South East Asia, along with Australia and New Zealand.

Latest news

Wegovy GLP-1 pill variant set to land in EU

Novo Nordisk is planning to take its Wegovy pill variant to the EU, starting with Germany in September.

WK Kellogg brings forward timeline to remove artificial colours

The US cereals maker said production of reformulated recipes, including Kellogg’s Froot Loops and Apple Jacks, will begin later this year.

Lotus Bakeries to invest in three plants

The company plans to invest around €500m ($576.3m) across the sites in Belgium, the US and Thailand by 2030.

Raisio reveals new CEO to replace Pasi Flinkman

Flinkman, who has led Raisio since June 2024, will remain in the CEO role until the transition on 1 September.

Beyond Meat outlines three-point plan as foodservice volumes dive

CEO Ethan Brown admitted there is “substantial ground still to cover” as only international retail bucked the sales and volume declines.

Glanbia bulks up forecasts amid protein demand

The Optimum Nutrition and Isopure owner now expects adjusted earnings per share to grow 17-20% on a constant-currency basis in 2026.

Kraft Heinz ups spending but market doubts remain

The US giant said its efforts to boost sales are showing signs of paying off but the market is yet to be convinced, with the company’s shares falling.

B&G Foods CEO Casey Keller retires

B&G Foods’ board has already selected its new CEO but has not yet disclosed the executive’s identity.