WORLD NEWS
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Rachel Ruggeri to succeed Patrick Grismer as Starbucks’ Executive Vice President and Chief Finance Office
US – Starbucks Corporation, the premier roaster and retailer of specialty coffee in the world has announced the appointment of Rachel Ruggeri as the new…
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Billion-dollar food industry mergers and acquisitions that took place in 2020
GLOBAL – Despite the unsettled year due to the impact of the global Covid-19 pandemic, 2020 hasn’t been shy of food and beverage industry deals.…
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Mitsubishi Food Group partners Israeli startup Aleph Farms to introduce cultivated meat in Japan
JAPAN – Mitsubishi Corporation’s Food Industry Group is partnering with Israel-based start-up Aleph Farms to bring cultivated meat to Japan in an effort to help…
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Chinese KFC and Pizza Hut targets to reduce 8,000 tons of non-biodegradable plastics annually in new sustainability drive
CHINA – Yum China – the operator of fast food chains including KFC in mainland China – has launched a raft of plastic reduction and…
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Mondelēz finalises acquisition of plant-based snack brand Hu Products
US – American multinational food group Mondelēz International has acquired Hu Master Holdings the parent company of plant-based snack brand Hu Products, in a transaction…