WORLD NEWS
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Nestlé starts review of peanut allergy treatment brand Palforzia, spins off Freshly meal-kit business to L Catterton
US – Nestlé has decided to explore strategic options for Palforzia, the peanut allergy treatment, following slower-than-expected adoption by patients and healthcare professionals. The review…
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Nestlé to enact ban on global advertisement of certain sugary products to under 16-year-old children
GLOBAL – Starting May next year, Nestlé, the largest publicly held food company in the world, will globally cease all marketing including advertisements targeting children…
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Nestlé outlines sales guidance as it pursues external growth opportunities in fast-growing segments and regions
SWITZERLAND – Nestlé, in outlining its value creation model and 2025 targets to investors, said it expects to return to an underlying trading, operating profit…
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Wendy Davidson to succeed Mark Shiller as Hain Celestial President, CEO
USA – American natural foods company Hain Celestial has announced the appointment of Wendy Davidson as its new President and CEO, effective January 1, 2023.…
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Ingredion to help F&B players convert consumer trends into products that drive business growth
FRANCE – American multinational food ingredient supplier Ingredion is planning to help food and beverage (F&B) manufacturers convert consumer trends into indulgent eating and drinking…