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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
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...ByteDance as a whole is on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
March 15, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Israel-Hamas war
Ben & Jerry’s calls for permanent ceasefire in Gaza
...“Peace is a core value of Ben & Jerry’s,” the company’s board chair Anuradha Mittal told the Financial Times. “From Iraq to Ukraine [the company] has consistently stood up for these principles....
January 16, 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
LexAmazon.com
Amazon cannot decide what it wants to do with its shops Premium content
...Amazon is still adding new features, putting palm payment scanners in US Whole Foods for example. It is planning a revamp of Fresh stores. But overall expansion has slowed....
April 8, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
April 22, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
The Big Read
The dubious climate gains of turning soil into a carbon sink
...His wife Sophie adds that “the whole carbon scene is quite cowboy-ish.”...
January 23, 2024
Food & Beverage
Moves to ban lab-grown meat intensify in Republican US states
...The proposed state legislative bans are “surprising and shortsighted”, said Sean Edgett, chief legal officer of cultivated meat company Upside Foods, one of the two businesses that last year won government...
March 31, 2024
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...the crisp company....
January 19, 2024
War in Ukraine
EU to impose tariffs on Russian grain
...But he said he would “prefer that we decide together, as the whole EU, on sanctions on Russia and Belarus on food and agricultural products”....
March 19, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...That triggered the holding company’s default. The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
April 24, 2024
Retail & Consumer industry
UK restaurant sector hit by cost of living and Covid legacy
...While energy prices have fallen from their peak over the past 12 months, restaurants continue to bear the brunt of elevated food costs....
March 9, 2024
InterviewThe CEO
How Makiko Ono became one of Japan’s few female CEOs
...To achieve a level of sustainable growth in the Japanese business, “We need to change or we need to improve the whole profit structure,” she says....
March 4, 2024
Retail & Consumer industry
The golden age of corporate pizza consumption transparency may be over
...This time last year, we used the Domino’s food item expenses listed in the company’s DEF14A proxy filings to calculate roughly how much pizza its leadership was snaffling: the results were both mind-boggling...
March 19, 2024
EU trade
EU states agree to curb Ukrainian poultry imports to pacify farmers
...Siekierski added: “We in the agriculture ministry are talking about the need to separate humanitarian aid, military aid or economic support as a whole” from farming issues....
March 27, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Food Prices
French retailer Carrefour drops PepsiCo products over high prices
...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....
January 4, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The retail business’s profit margin was 2 per cent last year, compared with 5.8 per cent for the group as a whole over the same period....
April 15, 2024
Tesco PLC
Tesco forecasts rising profits as inflation ‘lessens substantially’
...Murphy said: “There is loads of uncertainty out there but I see a gentle improvement in customer sentiment . . . so on the whole I’m feeling quite positive.”...
April 10, 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
FT Magazine
The delivery rider who took on his faceless boss
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
March 15, 2024
Agricultural commodities
Humanity loves a cup of tea. So where’s the futures market?
...As a result, futures markets exist for almost all food and mineral commodities, including steel, gold, coffee, sugar, orange juice, and wheat....
March 1, 2024
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...“Sixty-five per cent of the whole grocery store is processed,” he added....
October 6, 2023
FT MagazineThe Guide to Good Meat
Slicer, boner, cleaver: Tim Hayward’s guide to useful knives
...By buying whole birds or larger cuts of meat on the bone and cutting them down yourself, you can save money, control portion size, stock your freezer, and produce waste and “trim” that goes into stocks and...
March 23, 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
UK retail sales
UK retail sales growth picks up as price pressures ease
...“As inflation comes down, consumers have increased spending power and the ability to buy more things . . . increasing [sales] volumes is the picture of the economy as a whole,” said Rob Wood, chief UK economist...
April 8, 2024

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