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Mondelez bullish despite record-high cocoa inflation headwind
US confectionery giant Mondelez International said it remains confident about the prospects of its chocolate business despite record-high inflation in …
Hain Celestial Group to consolidate food portfolio
US-based Hain Celestial Group has announced plans to simplify its food and drinks business range as it looks to drive …
Oatly CEO points to “progress” as Q1 losses narrow
Oatly CEO Jean-Christophe Flatin has claimed the alt-dairy business is making progress as the company reported narrowing first-quarter losses. The Sweden-based …
Seafood group Sanford appoints new CEO
New Zealand-based seafood group Sanford has appointed present director David Mair as its new CEO. He enters the role with …
Plant-based Impossible Foods ‘considering IPO or sale in next three years’
US plant-based meat manufacturer Impossible Foods is reportedly considering a public offering in the next few years. Speaking to the news …
Controversial Batista brothers return to JBS board
The election of scandal-hit Wesley and Joesley Batista to the board of Brazilian meat giant JBS has been criticised by …
General Mills buys pet food group Edgard & Cooper
US-based food manufacturer General Mills has announced the purchase of European pet food business Edgard & Cooper. Financial details of …
The Simply Good Foods Co. to acquire protein peer Only What You Need
US-based The Simply Good Foods Company has announced plans to snap up local protein products peer Only What You Need …
“Bring it in temporarily, take it out, create a fuss” – Naturli’ Foods CEO Henrik Lund on his love of limited edition products
Denmark’s plant-based dairy-alternatives company Naturli’ Foods took its message to the lion’s den of a major dairy industry summit recently, …
Nestlé cocoa income accelerator boosts pay but has not closed living wage gap, says report
Cocoa farmers working under Nestlé's income accelerator scheme have seen net income increase but the pay for many still doesn't …
Nestlé signs India venture with pharma group Dr Reddy’s
Nestlé’s Indian arm has entered into a venture with pharma group Dr Reddy’s Laboratories to make and sell medical-nutrition products …
General Mills ‘mulling sale of North America yogurts business’
General Mills is reportedly looking into the potential sale of its yogurt business in North America. According to Reuters, the US …
Nestlé to cut jobs at Germany headquarters
Nestlé is to cut dozens of jobs in the next few months at its German head office in Frankfurt. The Swiss …
Katjes sells stake in porridge business Haferkater back to founders
German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company's founders. The …
AI attacks “the main cybersecurity concern” for businesses across sectors
Cybersecurity threats to businesses are not only more numerous than ever but are now becoming more sophisticated through the use …