The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

US carbon-neutral food company, Neutral Foods, has raised $12m in a Series A funding round led by Breakthrough Energy Ventures.

Pladis has expanded its portfolio with this year’s seasonal line-up featuring new flavours and returning favourites from McVitie's, Jacob's and Carr's.

Business-centric multimedia company, FoodBev Media, has announced the official launch of a website dedicated to the plant-based food and beverage industry.

Starbucks has appointed Laxman Narasimhan as the company's next CEO – effective 1 October – succeeding interim CEO Howard Schultz.

Campbell Soup Company has reported a 1% rise in full-year net sales and said the business will "continue to make progress" in fiscal 2023.

Sainsbury's has announced that it is investing £65m into its pricing this month to ease pressure on consumers amid the rising cost of living.

Retail corporation Walmart has agreed to acquire a minority stake in Sustainable Beef, a rancher-owned company based in Nebraska, US.

Lorival Luz has resigned as CEO of meat company BRF and will be replaced by Marfrig Global Foods’ Miguel Gularte, according to Reuters.

Walmart has offered to buy the remaining 47% stake in South African retailer Massmart for ZAR 6.4bn (approximately $379m).

BASF has announced an agreement to sell its Nutrilife baking enzymes portfolio and business to Lallemand subsidiary, Danstar Ferment.

Müller UK announces plans to remove 500 tonnes of virgin plastic annually by switching to packaging made from recycled materials.

Kraft Heinz has entered into a definitive agreement to sell its business-to-business powdered cheese business to Kerry Group.