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Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...The decision comes as European consumers have been grappling with several years of high inflation, which has particularly affected food prices....
April 16, 2024
Private equity
BC Partners sells IT group Presidio in sign of thaw for private equity deals
...Since then, as well as agreeing to buy Presidio, it has made a series of large investments including buying snack company Shearer’s Foods. CD&R and BC Partners declined to comment....
April 2, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Menswear
V-necks are back
...Because for as long as many of us can remember, V-neck sweaters have been all but verboten — existing somewhere in the style hinterland between twisted jeans and square-toed tan leather loafers from Shoe...
April 8, 2024
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...The UK franchise owner of TGI Fridays has agreed a £177mn reverse takeover that will see the US fast-food chain known for its potato skins, chicken wings and two-for-one cocktails list on the London Stock...
April 16, 2024
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
January 19, 2024
Retail & Consumer industry
The golden age of corporate pizza consumption transparency may be over
...So it pains us to report, treasured reader, that we have been (almost) robbed (SEC link): If you can’t read that, here’s the herbaceous sauce: where Domino’s used to break out the food items component of...
March 19, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Food Prices
French retailer Carrefour drops PepsiCo products over high prices
...However, Coca-Cola, another big US food producer, has said it wants to increase its prices by 7 per cent in France next year, a stance that has also led to fraught negotiations with French retailers, the...
January 4, 2024
The Big Read
The dubious climate gains of turning soil into a carbon sink
...The US is also working on similar disclosure rules....
January 23, 2024
PepsiCo Inc
Pepsi revenue slows after US consumers flinch at higher prices
...“We’re seeing a bit of a slowdown in the US in both the food and beverage category,” chief executive Ramon Laguarta said on a call with investors....
February 9, 2024
LexUber Technologies Inc
Uber should steer clear of buybacks Premium content
...Even as the number of bookings for rides and food delivery have increased, admin costs have fallen....
February 8, 2024
Banks
Mike Mayo ❤️ Citi
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
January 2, 2024
FT Alphaville
When’s a flapjack not a flapjack? It’s a maddeningly difficult question
...🤠 HMRC v Premier Foods Ltd (2007) is an epochally important case that considered whether a fruit bar was confectionery....
March 11, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
March 1, 2024
Inside BusinessLeo Lewis
Why an M&A swoop in Hawaii is a big bet on the yen
...Imported energy and food inflation hits ordinary Japanese households....
February 13, 2024
News in-depthEmployment
Warehouse operators turn to entertainment and food facilities to attract workers
...What always amazes us is the inability of employers to recognise that pay is what brings people.”...
January 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FirstFT
FirstFT: US banks set for profits boost
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
April 9, 2024
Accolade Wines Australia Ltd
Bain-led consortium takes over Australian winemaker behind Hardys
...Accolade struck a deal with basketball player James Harden to launch a signature wine collection to drive US sales last year....
February 2, 2024
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...The US ad hit a nerve....
October 6, 2023
FT Magazine
Wine was my poison. Now it’s my sober passion
...Out to lunches and dinners with my family, people who had read some of these things would regularly interrupt us to share urgent stories of their alcoholism with me....
January 13, 2024
John Gapper
Convenience stores should make more of themselves
...The question was also raised this week by a Valentine’s Day strike by riders and drivers for food delivery and ride-hailing services in the UK and US, including DoorDash, Uber Eats and Deliveroo....
February 16, 2024
LexTyson Foods Inc
US meat producers: record beef prices stick a fork in profits Premium content
...Tyson Foods is feeling the squeeze acutely. Operating margins at its beef business, its largest unit, was a negative 6.4 per cent for the fiscal fourth quarter that ended on September 30....
November 13, 2023
Inside BusinessPeggy Hollinger
Pepsi vs Carrefour: a battle inflamed by French retail rules
...France takes an unusually interventionist stance on food retailing....
January 17, 2024
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...But within a year of the US Food and Drug Administration’s 2021 approval of the weight-loss drugs known as GLP-1 agonists, the threat of them breaking WW’s business model became clear....
April 9, 2024
LexUS & Canadian companies
Even 50 basis points counts as progress for beleaguered Lyft Premium content
...But just under half that figure for Uber comes from food delivery. Lyft’s stock price is, even after Wednesday’s bump, still off 80 per cent from the all-time high around its 2019 listing....
February 14, 2024
LexUber Technologies Inc
Why Uber $7bn buyback is linked to its boss’s big payout Premium content
...Over the years, the ride-hailing and food delivery company has handed out generous equity awards to employees, inflating the total share count....
February 29, 2024

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