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...The EU had now found against Mondelez and would issue a fine and an order for the company to end any anti-competitive practices, the people said....
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...Consumers purchased fewer of Pepsi’s beverages and snacks in 2023, with volumes declining 1 per cent and 2 per cent, respectively....
...PepsiCo products may not be on Carrefour shelves right now but shoppers might find similar snacks under the supermarket chain’s own label close to signage denouncing the US company’s “unacceptable” price...
...Flynn will retain another role as co-head of private wealth management, and succeeds Kim Posnett....
...Big food companies are taking an interest in such practices, and not just for ecological reasons....
...Finance minister Bruno Le Maire has threatened to impose special taxes on food companies that do not pass on lower prices to consumers in order to claw back “undue” profits as their costs have fallen....
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...Regulators in the US and EU have been cracking down on misleading claims made by companies and brands, known as “greenwashing”....
...Packaged food companies have built strong and trusted brands over decades....
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Demand for Mexican brands is helping the company buck a secular decline in US beer consumption
...The company has been uncharacteristically vocal about its efforts to reduce emissions....
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...Additional reporting by Kensaku Ihara and Peggy Ye A version of this article was first published by Nikkei Asia on November 16. ©2023 Nikkei Inc. All rights reserved....
...That paid off as the company’s stock price soared from under $10 a share to nearly $600 between 2010 and the end of 2021. But since that apex, Domino’s market value has dropped nearly a third....
...“There’s no doubt we are a much stronger company now than in 2021,” Simo told the Financial Times....
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US fast-food chain is one of the biggest globally but has struggled in recent years against fresher rivals
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