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A2 Milk shares slump on infant formula supply challenges

The New Zealand business has cut its full-year outlook for sales and margins, warning net profit could also be pressured.

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Abbott Laboratories to contest damages awarded in NEC infant-formula ruling

An Illinois court awarded $53m to four families last week and a further $17m on Friday (10 April) in the latest necrotizing enterocolitis (NEC) legal case.

Cheese, meat cut in new Dutch dietary guidelines

The main changes concern recommended quantities, with legumes moving to the forefront.

Conagra Brands appoints former JM Smucker exec John Brase as CEO

Brase will replace Sean Connolly as president and CEO in June.

JBS workers reach wage agreement at US beef plant

Under the deal, base wages will rise by $0.70 at ratification, followed by $0.40 in July 2026 and $0.40 in July 2027.

Aksia’s Fornaio del Casale strikes trio of food deals

Fornaio del Casale and the three newly acquired businesses will be brought together under a new entity, Equipe Del Casale Group.

Simply Good Foods CEO sets out stall to fix “executional challenges”

CEO Joe Scalzo said there is a “meaningful role for Atkins with consumers who increasingly choose GLP-1s to lose weight”.

Unilever to buy US supplements firm Grüns

Unilever has acquired a number of vitamins and supplements businesses during the last decade.

Iran crisis: Inflation uncertainty turns to ‘when’ rather than ‘if’

From oil to gas and fertiliser prices, to shipping rates and ease of passage, fragile ceasefire rests on success of Pakistan talks – and Israel.