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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 has announced plans to simplify its food and drinks business range as it looks to drive future …

Australia assessing potential contamination of Everest and MDH Indian spices

Australia's national food standards agency is looking into the possible contamination of spices manufactured by Indian brands Everest and MDH. In …

US foodservice supplier Ventura Foods to acquire peer DYMA Brands

California-based manufacturer Ventura Foods has announced it is acquiring fellow US foodservice supplier DYMA Brands for an undisclosed sum. Ventura, which …

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 …