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EXPLAINED: 7 | Vintage Vibes

Cocoa Prices Triple to $11,000 Per Tonne: Small Food Manufacturers Struggle with Rising Costs

Chocolate manufacturers are looking at new recipes as climate change and farmgate prices continue to increase price of cocoa beans.

International Business Times UK

3 Top Dividend Stocks to Consider as Cocoa Prices Pull Back

Cocoa prices are pulling back after a spike, presenting an opportunity to invest in chocolate stocks. With the market projected to grow 5.8% annually, the sector promises long-term growth.

Barchart

Oreo, Chips Ahoy, Toblerone Maker Fined £288M By EU For Shrewd, Anticompetitive Practices

EU fined Mondelez €337.5 million for limiting chocolate sales across borders, potentially raising prices for consumers struggling with inflation.

International Business Times UK

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EU Hits Oreo Maker Mondelez With 337.5 Mn Euro Antitrust Fine

The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for forcing consumers to pay more by restricting cross-border sales.

International Business Times

Are Wall Street Analysts Bullish on Mondelez International Stock?

While Mondelez International underperformed the broader market this year, Wall Street analysts still see a modest upside in the stock.

Barchart

Cocoa Prices Soar, Impacting Easter Candy Costs

Cocoa and sugar price hikes lead to increased costs for Easter baskets, impacting consumer spending and chocolate companies.

Top News

Cookies and candy are latest victims of climate crisis as sugar prices surge

Cost of sugar surges to highest level since 2011 after dry spell in India and drought in Thailand, and price hike has already filtered down to desserts

The Guardian - US

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Snacks giant sorted with favourite Aussie ingredients

Fancy crackers, chocolates and lollies shared during the holidays are increasingly being made from local ingredients in high-tech manufacturing hubs onshore.

AAP

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

Northrop Grumman and 2 More Stocks Politicians Are Buying

A member of the House Permanent Select Committee on Intelligence just scooped up shares of defense stock NOC, while one well-known senator just picked up shares of a grocery giant with an acquisition still under FTC scrutiny.

Barchart

Buy This Boring Dividend Stock Now, While Recession Odds Are Low

Consumer staples stocks, like Mondelez and General Mills, have been punished by investors as analysts lighten up their recession forecasts. For savvy investors, this could be an opportunity to load up on portfolio protection.

Barchart

Mondelez India to invest ₹1,600 crore in its manufacturing facility at Sri City

CM Y.S. Jagan Mohan Reddy virtually attended groundbreaking ceremony of Mondelez India's expansion unit in Sri City, Tirupati. The company will invest ₹1,600 crore in the facility, making it the world's largest production unit. Satyavedu MLA K. Adimoolam and Collector K. Venkataramana Reddy thanked CM for providing jobs to the…

The Hindu

World chocolate day: how does India like it’s chocolate

On world chocolate day, we look into how chocolate is made and eaten in India

The Hindu

Coca-Cola, Red Bull, Mondelez and AG Barr made half of all litter on Northern Ireland streets

It is particularly concerning that most of the litter recorded was single use plastic

Belfast Live

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ABC News

Dairy cows munch on reject chocolate and lollies that would have gone to landfill

Cows that eat chocolate don't produce chocolate milk, but it's pretty close. Reject confectionery bars are being eaten by dairy cows in a win for both their food requirements and for reducing landfill.

Dublin Live

Ice-cream sellers whip up complaints about Cadbury flake as summer hits

Ice-cream vendors have suggested that the current flake is too 'crumbly' as the summer season commences

Fortune

Gen Z and millennials aren’t just rebelling by swapping meals for snacks—they want an ‘experiential’ snack they can TikTok, expert says

These generations aren't only "big snackers," says Mondelez's Nick Graham. “Their needs from snacking are much more diverse.”

Fortune

Millennials and Gen Z's rebellion against their parents' rules is spawning a $181 billion industry that makes everything into a snack

Forget pasta, rice, and salad for meals. Chips, granola bars, and cookies are becoming breakfast, lunch and dinner for some age groups.

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Salon

Corporate greed, inflation and hunger

"Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers . . . "

Daily Record

Cadbury to launch 'low calorie' chocolate as move divides opinion of shoppers

The confectionary giant is creating new lower-calorie recipes with plant-based fibres but not all chocolate lovers are happy about the announcement.

Daily Mirror

Cadbury's to create 'diet chocolate' with 75% less sugar and fat but tastes just as good

Cadbury's US owner Mondelez hope that plant-based fibres could be the answer and believes healthier alternatives to chocolate will be as common as soft drinks

The Independent UK

Easter eggs get smaller as costs of living crisis hits

Shoppers must now pay £1.25 for a 80g bag, up from £1 last year

Chicago Sun-Times

Toblerone drops iconic Swiss peak from packaging

Mondelez International, which owns the Swiss-born brand, says it’s in the process of adapting the packaging of Toblerone products to conform with strict rules in Switzerland about how products qualify for the coveted “Swissness” moniker.

The Independent UK

Choc shock! Toblerone drops iconic Swiss peak from package

The makers of Toblerone are stripping images of Switzerland’s famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as it moves some production to Slovakia

Liverpool Echo

Toblerone making huge change to iconic packaging removing 'hidden' image

The image of the Matterhorn mountain is to be removed from Toblerone packaging

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