New trade deals with Australia and New Zealand are expected to boost the UK economy by £2.3 billion and £800 million respectively – according to the Department for International Trade, Department for Business and Trade,
Though Mondelēz has billed its new plans to invest A$75m (US$60m) into upgrading its Hobart Cadbury factory as a move to “secure local jobs”, it has at the same time revealed that nearly 10% of jobs will be shed in the process.
Mondelēz International has appealed against the New Zealand trademark authority’s decision to OK rival Whittaker’s registration of its Berry Forest chocolate bar, despite protestations that it is too similar to Mondelēz's own Black Forest brand.
New Jersey-based TerraCycle, which collects non-recyclable, or difficult-to-recycle, waste, has partnered with major corporation Mondelez International, which owns Cadbury, to launch a recycling waste campaign on the Asian market.
In a week of major upheaval for a number of leading confectioners, reports suggest Cadbury may enact a number of job cuts in its New Zealand and Australian operations, while Mars joins rival Hershey in pushing up prices for its brands.
An application to add calcium to chewing gum has been lodged with
Food Standards Australia New Zealand by Wrigley's, which would
allow gum sold in Australia to be fortified with the mineral for
the first time.
New Zealand dairy Fonterra must add a warning label to its new
vitamin K-enriched milk and yoghurt to reduce the risk for people
taking the blood thinning drug Warfarin, said the New Zealand food
Fonterra, New Zealand's leading dairy exporter, said on Monday that
it plans to axe hundreds of jobs in order to streamline its
business for future core efficiency. Over the next two years the
group plans to cut 700 administrative...