The Latest Breaking News from Danone

"At present, meat and dairy producers are supported by mega state subsidies"

This move follows similar initiatives by Sainsbury's and Iceland to address concerns about the vulnerability of formula products to price shocks.

An investigation by the UK’s competition watchdog found the company had raised prices by 25% in two years

The CMA found evidence of overcharging in the baby formula sector earlier this week

Richard Walker calls for price cap on infant formula as competition watchdog finds evidence of greedflation

Consumer groups issue formal notice to European Commission over ‘greenwashing’ claims that bottles are ‘100% recyclable’ or ‘100% recycled’

The Russian government has seized the local subsidiaries of both French dairy group Danone and Danish brewer Carlsberg using a decree signed by President Vladimir Putin on Sunday. This follows the introduction of new rules in April that allow the state to take over the assets of firms from "unfriendly"…

Gen Mark Milley and US Defence Secretary reassert backing for Ukraine and say its forces are making progress against Russia

Russian president calls attack ‘cruel and senseless’ after Kerch Bridge hit by latest strike; Antony Blinken says Russia exit from deal ‘unconscionable’

‘Fierce battles’ in eastern Ukraine as fighting intensifies, Kyiv says; Russia seizes control of shares in Danone and Carlsberg subsidiaries

Russia says air defence forces intercepted attacks over port city of Sevastopol; Putin says Russia will take ‘reciprocal’ action if devices used on his troops