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snacks and confectionery
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Mondelēz anticipates US$326m fine to resolve European Commission antitrust investigation
EUROPE – Mondelēz International predicts it will incur a cost of EUR300m (US$326m) or even higher to resolve an antitrust investigation launched against it by…
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Mondelēz International posts 9.7% FY2022 revenue rise boosted by strong performance in emerging markets
US – Snacks giant, Mondelēz International, has reported a 9.7% net revenue rise for the Full Year ended December 31, 2022, driven by Organic Net…
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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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Kellog reports better-than-expected Q3 financial performance of 9% revenue growth
US – Cereal and snacks giant Kellogg has posted a 9% increase in reported net revenue for its third quarter, driven by demand for its…