20 October 2023
20 October 2023
Drugs in the clinical trial pipeline have indicated weight loss comparable to bariatric surgery.
CEO Mark Schneider acknowledges the drugs could impact confectionery and ice cream but is otherwise unconcerned.
The minister of agriculture said the notification has been “withdrawn out of respect for the work” of Italy’s government.
Tjaart Kruger, the former-CEO at South Africa’s Premier Group, will become CEO on a 26-month contract.
The investor said “a combination of factors” have resulted in its need for funding.
Through the multi-year tie-up, the companies are aiming to develop a more sustainable milk collection system.
The Trolli and Black Forest brands owner has snapped up its fellow US confectioner.
Nestlé is planning to transfer production to two existing factories – one in Suzhou in China and another in Konolfingen in Switzerland.
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Rising urbanization coupled with the increasingly busy lifestyles of consumers have resulted in the increasing demand for RTD beverages that are easy to carry and quick to consume. Further, the pandemic has created a huge surge in demand for non-alcoholic beverages with functional benefits and value addition, including low sugar, added proteins, probiotics, and plant-based ingredients. The beverage manufacturers have been capitalizing on the trends by focusing on both value addition and convenience associated with the packaging of RTD beverages.
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