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YOU WONT BELIEVE: 2 - What They Never Told You

Late Wahaha Tycoon’s Family Owns Hundreds of Millions in Hong Kong, U.S. Real Estate

Battle for Zong Qinghou’s estate reveals a chain of luxury properties in Barker Road, Bel Air and San Marino

Caixin Global

Dairy companies ‘turning blind eye’ to global methane emissions, report suggests

Assessment of leading dairy and coffee shop chains reveals failure to set out methane reduction targets

The Guardian - UK

Oatly was a pioneer in the world of oat-based dairy challengers. As milk makes a comeback, it has to prove its drinks are more than a fad

Oatly was valued at $2 billion when it went public in 2021. A lot has since changed within the company—and the entire dairy vs. non-dairy landscape.

Fortune

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

What is a B Corp – and why should you care?

With only 7% of people polled feeling they know a lot about B Corps, Laura Martin explores what this ethical stamp of approval means, and takes a look at some companies making the grade

The Guardian - UK

Tesco urged to drop ‘unethical’ baby formula trial

Tesco described it as a ‘small-scale pilot’

The Independent UK

Tesco urged to drop ‘unethical’ in-store infant feeding advice trial

Tesco said the pilot ‘was designed to offer additional support to parents and carers through free and impartial advice’.

Evening Standard

Not a drop of common sense on bottled water

Brief letters: Harrogate Spring Water | Google’s new chip | ‘Busybody’ fines | Justin Welby’s speech | Old Etonians

The Guardian - UK

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Harrogate Spring Water planning to cut down wood planted by schoolchildren

Conservation groups join those who helped plant woodland in opposing expansion of bottling plant

The Guardian - UK

Foreign firms taking billions of litres from UK aquifers to make bottled water

Coca-Cola extracts largest amount of freshwater of any drinks company in England, FoI request finds

The Guardian - UK

‘It’s not drought - it’s looting’: the Spanish villages where people are forced to buy back their own drinking water

Spain is increasingly either parched or flooded – and one group is profiting from these extremes: the water-grabbing multinational companies forcing angry citizens to pay for it in bottles

The Guardian - UK

CMA finds millions of parents may be paying up to £500 a year "over the odds" for infant formula

The infant formula market is highly concentrated with Danone, Kendal, and Nestle accounting for over 90% of supply.

Evening Standard

NHS-branded baby formula could prevent parents paying too much, watchdog says

CMA sets out potential measures, including price cap on retailers, to combat high prices and lack of choice

The Guardian - UK

Top UK food firms urged to do more to cut ‘staggering’ emissions

Food campaign Bite Back says 10 firms account for more carbon emissions globally than aviation industry

The Guardian - UK

‘Unethical’ junk food packaging manipulates children into craving sweets, report claims

Bite Back, a Jamie Oliver campaign group, found the 10 biggest producers reel in young shoppers with attention-grabbing colours and cartoons

The Guardian - UK

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The Guardian - UK

Survey finds that 60 firms are responsible for half of world’s plastic pollution

Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders

The Guardian - UK

UK infant formula at ‘historically high’ prices, says watchdog

Competition and Markets Authority launches full-scale investigation after finding costs have risen

Al Jazeera

How have Red Sea attacks by Yemen’s Houthi fighters affected companies?

The strikes have forced ships to change route, causing major disruptions in companies’ chains of production.

Salon

Giving up meat and dairy isn't enough

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

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International Business Times UK

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.

The Guardian - 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

Evening Standard

Iceland boss accuses baby formula brands of 'exploitation'

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

The Guardian - UK

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’

France 24

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"…

The Guardian - AU

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

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