USA
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Chobani withdraws plans for IPO over current market conditions
US – American food company specializing in strained yogurt, Chobani has filed a withdrawal of plans for an initial public offering (IPO), according to a…
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Starbucks names Laxman Narasimhan to steer business to more profits
US – American multinational coffee chain, Starbucks has appointed the outgoing head of Reckitt Benckiser, Laxman Narasimhan as its next chief executive officer and a…
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Bubs Australia sees US as potential market for growth, confident of permanent approval from FDA
US – Infant-nutrition manufacturer Bubs Australia has expressed confidence in profiting more in the US market once approved by the US regulator to supply products…
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USDA invests US$300M to streamline organic dairy farming into profit making venture
US – The US Department of Agriculture (USDA) has opened a US$300 million investment initiative to help build new and better markets as well as…
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Kraft Heinz divests B2B powdered cheese business to Kerry Group
US – The fifth-largest food and beverage company in the world, Kraft Heinz has entered into a definitive agreement to sell its B2B powdered cheese…
