North America

Mondelēz International Completes Sale Of Gum Business In Developed Markets

Mondelēz International has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti...

Diageo Appoints Sally Grimes As CEO Of North American Unit

Diageo has announced two new appointments at its North American unit as the spirits giant seeks to consolidate its leadership team to explore further growt...

UK's Bunzl Expects Higher Annual Operating Profit As Own-Brand Demand Picks Up

British business supplies distributor Bunzl forecast a rise in full-year adjusted operating profit, betting on higher margins from its healthcare and hygie...

Chocolate Makers' Prospects Sour As Cocoa Prices Spike

Chocolate makers like Hershey and Mondelēz face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapp...

Haribo Commences Gummy Bear Production In The US

Confectionery giant Haribo has commenced the production of its iconic Goldbears in its first facility in North America.

Kimberly-Clark Lifts Annual Forecasts On Price Hikes, Steady Demand

Kimberly-Clark Corp raised its full-year sales and profit forecasts, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resil...

Billerud Sees 13% Net Sales Decline In Q2 2023

Pulp and paper manufacturer Billerud has reported a 13% year-on-year decline in net sales to SEK 9.95 billion (€860 billion) in the second quarter of...