WORLD NEWS
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Mondelez triumphs labor actions, supply chain challenges to post 8% rise in 2021 net sales
USA — After a year that was punctuated by supply chain disruptions and labour strikes, American multinational confectionery and snack food company Mondelez International has…
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Curefoods merges with rival Maverix to create cloud-kitchen giant
INDIA – Curefoods, one of the fastest growing cloud kitchen startups in India, has merged with rival Maverix whose backers include Accel Partners, Swiggy and…
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Diageo half-year net sales jump 15.8% buoyed by jump on premium spirits and bar restocking
UK – British multinational alcoholic beverages company Diageo has recorded a 15.8% rise in half-year net sales to £8 billion (US$10.71 billion), driven by growth across…
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Dan Fisher to succeed John Hayes as the Ball Corporation CEO
USA – American multinational packaging company, Ball Corporation has appointed Dan Fisher as its next chief executive officer. Fisher, the current president of the…
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Leclerc to invest US$100m in expanding North American operations
CANADA – Canadian food manufacturer Leclerc has announced plans to invest US$100 million over the next five years in expanding its operations in North America. As…