Saputo books loss on UK impairment
Saputo, the Canada-based dairy major, has posted a sharp rise in third-quarter losses on the back of an impairment on …
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Hershey views cocoa pressures as transitory but pricing ensues for now
Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in …
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Nestlé suspends production at Argentina dairy site
Nestlé is to suspend production at a powdered milk and dairy product facility in Argentina in March. The Swiss giant is …
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India’s ITC strengthens position in frozen foods with Prasuma acquisition
Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods. In a stock-exchange …
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The Nutriment Company enters Spanish pet food market with Puromenu deal
Sweden-based pet-food supplier The Nutriment Company (TNC) has expanded into Spain by acquiring Puromenu, a raw pet-food producer. The financial terms …
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New era of trade tariffs ‘likely for the foreseeable future’
The radical agenda of tariffs being implemented on imports by the new Trump administration in the US likely represents a …
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Australia regulator denies authorisation for infant formula advertising code
The Australian Competition and Consumer Commission (ACCC) has rejected a request from a local trade body to authorise an industry …
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Maggie Beer eliminates COO and CFO roles in leadership shakeup
Maggie Beer Holdings has decided to eliminate the roles of joint interim group COO and CFO as part of an …
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Microsoft and Google AI talent war signals wider skills dearth as AI job postings jump
On 5 February Microsoft’s AI CEO Mustafa Suleyman announced that three of his former Google DeepMind colleagues will join Microsoft’s …
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How gut health and cognitive function are linked
The relationship between gut health and the brain is often referred to as the “gut-brain axis”, representing an intricate communication …
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NotCo’s plant-based venture with Kraft Heinz hits stumbling block
NotCo has confirmed the Chile-headquartered plant-based start-up has pushed back its target for reaching group-wide profitability from as early as …
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Meatly claims first as cell-based meat dog snacks enter UK retail
UK cultivated-meat business Meatly is claiming a world first as its dog snacks made from lab-grown chicken go on sale …
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“The category is in sharp decline” – Holie’s on why it sees “place for disruption” in cereals
Dutch cereal brand Holie’s was set up by Merick Schoute and Valentijn van Santvoort in the Netherlands in 2018 with …
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Legacy Bakehouse snaps up Classic Cookie to expand into sweet snacks
Legacy Bakehouse, a US-based contract and private-label manufacturer, has acquired Classic Cookie, marking its entry into sweet snacks. The financial terms …
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Could Trump’s tariffs lead to trade rerouting?
A weekend of threats and negotiations later, US President Donald Trump's tariff targets have mostly evaded the worst-case scenarios that …
