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The Latest Breaking News from Danone

Giving up meat and dairy isn't enough

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

Salon

Major UK Supermarkets Slash Prices on Aptamil Baby Formula Amidst CMA Investigation

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

International Business Times UK

Danone to cut 7% off wholesale price of powdered Aptamil baby formula

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

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Iceland boss accuses baby formula brands of 'exploitation'

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

Evening Standard

Iceland boss hits out at parent ‘exploitation’ in baby milk market

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

The Guardian - UK

Drinks firms face EU-wide complaint over plastic bottle recycling claims

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

The Guardian - UK

Russia seizes local assets of Danone and Carlsberg, increasing fears for remaining foreign brands

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"…

France 24

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Washington determined to support Ukraine ‘for as long as it takes’, says top US general – as it happened

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

The Guardian - AU

Putin says Russia preparing response to Crimea bridge attack; US condemns Moscow grain deal exit – as it happened

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

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 509 of the invasion

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

The Guardian - AU

Drones shot down over Crimea, Moscow claims; Putin says Russia has stockpile of cluster bombs – as it happened

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

The Guardian - AU

Sustainability isn't values-driven anymore

Move over, values. Enter value.

Fortune

AI could change the future of yogurt — and turn Danone around

Making the yogurt of the future requires a cast of 21st-century helpers: machine learning, gut science and even a mysterious artificial stomach.

Tribune News Service

UK food giant calls for higher fat, sugar and salt taxes

Danone boss urges ministers to help people make healthy choices

The Guardian - UK

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news in one place.

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Tribune News Service

Big food brands struggling to kick junk addiction, survey finds

The bulk of food and drinks sold by four out of five global producers across three major markets are unhealthy, according to a survey, with Kraft Heinz Co. faring the worst.

Salon

Emissions don't discriminate, people do

What real estate, oil wells, racism and yogurt containers reveal about the disparate damages caused by fossil fuels

Capital & Main

Atmospheric Greenhouse Gases Do Not Discriminate, But People Do

What real estate, oil wells, racism and yogurt containers reveal about the disparate damages caused by fossil fuels.

Radio France Internationale

NGOs take French food giant Danone to court over plastics footprint

Three French environmental groups on Monday took legal action against Paris-based dairy group Danone, the world’s biggest yoghurt maker, over its use of plastic across the supply chain.

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news in one place.

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Radio France Internationale

French food firm Danone to withdraw from Russian dairy sector

French multinational Danone said Friday it planned to transfer control of its dairy and plant-based business in Russia, retaining only its infant nutrition branch. The company was one of the few multinationals to have remained in Russia after the Ukraine war broke out in February.

Benzinga

These 2 Under-The-Radar Stocks Traded More Than $1B Each Last Month

The month of July saw $37.3 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a diverse…

Benzinga

10 Most Traded OTC Stocks In June: Where Do Danone, Adidas And Grayscale Bitcoin Trust Rank?

The month of June saw $45.2 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a…

Salon

Inside the "ugly" produce industry

How do you really know those veggies would have gone to waste?

Benzinga

More Companies Join Race To Ease US Baby Formula Supply Crunch

Danone SA (OTC: DANOY) has been doubling shipments to the U.S. of Neocate formula for infants allergic to cow's milk, while Enfamil maker Reckitt is also working to boost supplies amid a nationwide shortage, company executives said.

Reuters

Danone, Reckitt race to ramp up US baby formula supply amid shortage

Danone SA has been doubling shipments to the United States of Neocate formula for infants allergic to cow's milk while Enfamil maker Reckitt is also working to boost supplies amid a nationwide shortage, company executives said on Wednesday.

Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, May 20

Reuters

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