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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
...they have been unable to sell or list on public markets....
April 2, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
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
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...A Humira biosimilar from Teva Pharmaceuticals working with Alvotech earlier this year became the first drug that the US Food and Drug Administration granted interchangeable status, which lets pharmacists...
April 25, 2024
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...If goods are the same or similar, competition and distortion of the relevant market can be presumed....
January 19, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Concerns over an additional FDA review of donanemab could give Eisai a chance to win greater market share....
April 22, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
The Big Read
The dubious climate gains of turning soil into a carbon sink
...Indigo is one of several companies that have sprung up to help farmers make money selling soil carbon credits on the voluntary markets....
January 23, 2024
Inside BusinessLeo Lewis
Why an M&A swoop in Hawaii is a big bet on the yen
...Markets have seen over the past couple of years what happens when the yen starts to move too hard and fast below ¥150/$. Imported energy and food inflation hits ordinary Japanese households....
February 13, 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
FT Magazine
The delivery rider who took on his faceless boss
...This customer had been waiting an hour and a half for his food. He was a lot less sympathetic than the first one. “I tried to explain but he just grumbled at me and took his food,” Samii recalled....
March 15, 2024
Accolade Wines Australia Ltd
Bain-led consortium takes over Australian winemaker behind Hardys
...Australian wine companies including Treasury Wine Estates and Accolade have turned to other markets in south-east Asia and North America to offset the loss of Chinese sales....
February 2, 2024
PepsiCo Inc
Pepsi revenue slows after US consumers flinch at higher prices
...The US company said it has planned for “potential customer disruption” in Europe as record-high cocoa markets led it to raise prices again this year....
February 9, 2024
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...Carlotte Lucas, senior corporate engagement manager at plant-based advocacy group the Good Food Institute Europe said that more would come to market as the sector responded to “consumer expectations around...
October 6, 2023
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...This year, Vertex’s market capitalisation surpassed $100bn for the first time....
April 26, 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
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
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
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
John Gapper
Convenience stores should make more of themselves
...In Japan’s cities, no matter the hour, one is never far from a bright haven of food and comfort....
February 16, 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
Uber Technologies Inc
Uber records first annual profit as market value approaches $150bn
...The stock has enjoyed a meteoric rise in the past 12 months, more than doubling and sending the company’s market value to almost $150bn....
February 7, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...The 2024 SVB report is clear that imports are becoming an increasingly attractive alternative, in a shrinking US wine market....
April 20, 2024
Food & Beverage
Hong Kong food tech start-up challenges Japanese bento market
.... ©2023 Nikkei Inc. All rights reserved....
November 22, 2023
LexTyson Foods Inc
US meat producers: record beef prices stick a fork in profits Premium content
...Chicken and pork — which suffered from lower market prices — offered little support. Tyson swung into a loss of $450mn for the quarter on a 2.8 per cent decline in sales....
November 13, 2023
Campari International PLC
Campari buys Courvoisier Cognac from Beam Suntory
...“It’s better to buy such a premium maison in this market,” he added....
December 14, 2023
LexConstellation Brands Inc
Constellation: Bud Light spat assists Corona in crown duel Premium content
...Total beer volumes fell at a compound annual growth rate of 2 per cent between 2017 and 2022, according to drinks market consultancy IWSR. This pace should persist through 2027....
October 5, 2023

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