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WORLD NEWS
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Impossible Foods CEO Peter McGuinness to step down after four years
The company’s executive leadership team will temporarily take over day-to-day operations.
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Starbucks China Q1 revenue jumps 11% as store sales rebound, expansion accelerates
Starbucks China posts stronger first-quarter growth, supported by marketing, new stores, and a strategic partnership with Boyu Capital.
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Nestlé India Q3 profit jumps 46% as tax cuts lift demand for Maggi, KitKat and packaged foods
Nestlé India reports strong Q3 growth as tax cuts and rising demand boost packaged food and confectionery sales.
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Carlsberg exits Tibet Brewing joint venture after 20 years
Carlsberg agrees to sell its Tibet joint venture stake, ending a long-running partnership dispute while reaffirming its commitment to China.
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ADM agrees to pay US$40M SEC settlement over accounting, disclosure fraud in nutrition business
ADM settles SEC charges linked to inflated Nutrition business results and strengthens internal accounting controls.