The Latest Breaking News from Mondelez

Palm oil jumped 10% while rival soybean oil hit a fresh record high as traders gear up Indonesia's export halt till the domestic cooking oil prices ease, Bloomberg reports. The policy has agitated the global $50 billion palm oil market as Indonesia initially said it would ban all exports of cooking…

Mondelez International Inc (NASDAQ:MDLZ) has agreed to acquire Grupo Bimbo’s confectionery business, Ricolino, for $1.3 billion. The company expects the acquisition to double the size of its Mexico business and provide an attractive entry point into the chocolate category while expanding its presence in snacking.  Ricolino’s annual revenue is about $500 million. It employs 6,000 associates…

Long gone are the days of spending your pocket money at your local shop and being able to purchase a weekend's worth of sugar

Chocolate lovers, we have some sad news for you - you may have heard the news that Daily Milk are set to change their chocolate bars but don't expect any lower prices

One disappointed shopper said: "Cadbury has shrunk the size of a dairy milk bar??? Tragic."

Parent company Mondelez blamed the reduction on rising productions costs.

US parent Mondelez blames higher production costs and inflation as 200g bar shrunk to 180g

Parent company Mondelez blamed rising inflation and higher costs as it reduced the size of its larger bars by 10%

The 200g bar of Dairy Milk is being downsized to 180g, but they will still be sold for around £2 despite the 10% size cut

Dairy Milk parent company Mondelez blamed rising inflation in the production of its flagship chocolate as it reduced the size of its larger bars from 200g to 180g

"We’ve had to make the decision to slightly reduce the weight of our medium Cadbury Dairy Milk bars for the first time since 2012"