Danone Financial News

That's enough plastic to fill the stomachs of 18 million whales. The report arrives amid mounting concerns over the human health risks posed by the spread of microplastics, which scientists increasingly link to cancer, infertility, heart disease, and more. «Coca-Cola is by far the largest manufacturer and seller of beverages in the world,» said Matt Littlejohn, who leads Oceana's campaigns targeting corporate polluters. «Because of that, they really matter when it comes to the impact of all this on the ocean.»

milk linked to a deadly listeria outbreak has permanently closed all four of its plants.A spokesperson for Toronto-based Joriki said the closures meant the majority of Joriki’s employees were laid off when it shuttered its two plants in Ontario, one in B.C. and one in Pennsylvania owned by a subsidiary.The spokesperson said that as the company is pursuing creditor protection, it doesn’t have the finances to maintain operations and does not plan to reopen the plants.Joriki has filed for creditor production and says it plans to restructure its business.Its filings listed more than 100 organizations that Joriki owes over $200 million, including $775,000 in unpaid wages.The Canadian Food Inspection Agency said the company’s Pickering, Ont.

Subscribe to enjoy similar stories. A new class of weight-loss drugs is changing the food industry, but not in the way many expected at first. They could present just as many opportunities as pitfalls.

Danone SA will be «irrelevant as a global player» if it is not committed to and does not have a strong presence in India, which is fast emerging as one of the world's largest markets and growth drivers for several consumer goods multinationals, said chief executive Antoine de Saint-Affrique. «In terms of priority, India is at the very top,» he told ET in an exclusive interview. «If we are not big in India, in 10, 15 or 20 years, we will be irrelevant as a global player. It's as simple as that.» Danone's chief executive said the company's optimism was based on India's stable political environment and thrust on infrastructure.

dosas, idlis, mor kuzhumbu, koozh and more from the south of the Aravali range or dhoklas, jalebis, bhaturas, lona illish, khamiri roti and other delicacies from the north. While most of these fermented foods are made from pulses, lentils, meat products and milk, one unifying fermented product that appears in different Indian cuisines is curd aka yogurt. Every occasion demands that cup of curd at the end of a meal.

Yogurt sold in the U.S. can make claims that the food may reduce the risk of type 2 diabetes, based on limited evidence, the U.S. Food and Drug Administration said Friday. The agency agreed that there is some evidence, but not significant scientific agreement, that eating at least 2 cups of yogurt per week may reduce the chance of developing the disease that affects about 36 million Americans. FDA has allowed qualified health claims — a claim that lacks full scientific support but is allowed as long as there are disclaimers to keep from misleading consumers — for dietary supplements since 2000 and foods since 2002. The agency had faced lawsuits that challenged the standard of requiring scientific agreement based on claims that it violated free speech guarantees.

By Richa Naidu and Dominique Vidalon

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Wipro filed against two former executives including its former CFO Jatin Dalal, there's no such thing as an amicable parting. At startup Bharat Pe, Ashneer Grover was controversially ousted from the firm he helped found, after it accused his family of misappropriating the company’s funds.

By Dominique Vidalon

MOSCOW (Reuters) -Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank to purchase stakes in leading Russian companies owned by Societe Generale (OTC:SCGLY).

Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world's shipping traffic, have pushed several shipping companies to reroute their vessels.

meat and dairy producers increased further this year, highlighting the urgent need for the food industry to clean its practices and help prevent global warming. Disclosed emissions from the world’s 20 largest publicly-listed meat and dairy companies rose 3.3% from 2022 levels, according to a report by investor network FAIRR Initiative. Its analysis includes companies like Hormel Foods Corp. and China’s New Hope Liuhe Co., which supply household names like Walmart Inc.

doing business in Russia. Many companies are tight-lipped, limiting what they say to short, prewritten statements. Executives say they fear asset seizures or other retaliation by the Russian government, or a backlash from shoppers.

By Shashwat Chauhan

(Reuters) — President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in Russia, in retaliation against foreign moves against Russian companies abroad, and warned in April the Kremlin could seize more.

Investing.com — European stock markets are expected to open slightly lower Wednesday, as investors brace themselves for another rate hike from the Federal Reserve while the quarterly earnings season continues in full flow.

By Richa Naidu

Russia has appointed Chechnya’s agriculture minister as the new head of Danone’s business in the country and tapped a Russian businessman to run Carlsberg’s operations there, cementing control of the Western multinationals’ Russian assets days after they were seized. President Vladimir Putin on Sunday signed a decree that effectively placed the local operations of the French food company and Danish brewing giant under government management. Russia’s unexpected seizure of assets belonging to two of the world’s largest consumer-goods companies marked an escalation in economic hostilities with the West amid the war in Ukraine.

Investing.com — European stock markets retreated Monday after the release of underwhelming Chinese growth data, while the second-quarter earnings season gets underway in earnest.

Russia took control of shares belonging to French agribusiness Danone and Danish brewer Carlsberg, according to a decree published on Sunday. The decree signed by President Vladimir Putin says the Russian state would «temporarily» manage shares belonging to Danone Russia and to Baltika, which is owned by Carlsberg. Danone said it was investigating the situation and «preparing to take all necessary measures to protect its rights as shareholder of Danone Russia, and the continuity of the operations of the business in the interest of all stakeholders, in particular its employees».