WORLD NEWS
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Boston Beer to launch cannabis beverages in Canada as AB InBev and Constellation Brands feud in US courts
US – Boston Beer is doubling down on its strategy to expand into the highly lucrative cannabis market with the planned launch of a nonalcoholic cannabis-infused beverages…
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Lactalis sells leading US feta cheese brand Athenos to Emmi Roth
USA – Lactalis Group, the world’s largest dairy company, is selling its US feta cheese manufacturer Athenos to Emmi Roth USA, a business unit of…
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Mondelēz debuts US$2.4B Green Bond Offering as Kraft Heinz pays SEC US$62m for accounting irregularities
USA – American multinational snack and food company Mondelēz International, Inc., has debuted the group’s first green bond, whose proceeds will be used to support…
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Ferrero promotes Todd Siwak to president and chief business officer of North American business
USA — Italian confectionery company Ferrero Group, has promoted chief executive officer of Ferrara Candy Co. Todd Siwak to president and chief business officer of…
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Hormel Foods Q3 sales surge driven by a rebounding foodservice sector
USA – American food company Hormel Foods has seen Q3 sales surge mainly driven by a rebounding foodservice business which delivered a 45% rise in sales when…