Danone to take €1bn hit from Russia dairy exit
Danone will seek a buyer for the Russian operations of its dairy and plant-based unit, and a sale could result in a write-off of up to 1 billion euros ($978 million), the French food group…
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Danone
Yakult Danone India partners with SRM University, aims to facilitate skill based…
Yakult Danone India Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with SRM University, Delhi-NCR, Sonepat, Haryana, in the core areas of education and sharing knowledge. The MoU…
Baby Formula Shortage Could Last Months
Baby-formula manufacturers and retailers say they are working to address a long-running shortage in products on store shelves, but the hardships facing U.S. families may take months to…
Danone CEO defends staying in Russia as he sets out global strategy
Danone’s new chief executive has defended continuing to operate in Russia despite a western corporate exodus and ruled out selling any of the group’s three main global businesses as…
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
Shell cited Russia’s invasion of Ukraine and said it would also end its involvement in financing the Nord Stream 2 pipeline, a natural gas pipeline project recently sanctioned by the U.S.…
Nestlé Sales Buoyed by Coffee, Pet Food
Nestlé SA
NSRGY -1.76%
raised its full-year sales guidance for the second straight quarter, buoyed by strong…
Brace for Higher Prices for Ice Cream, Tequila and Bottled Water
The makers of some of the world’s bestselling food and drink brands warned they would need to keep raising prices as they grapple with the strongest inflation in years.…