Kraft

Kraft Heinz Faces Challenges as Market Conditions Pressure Financial Outlook

3 months ago

Kraft Heinz Co. has recently reported a disappointing outlook for 2025, prompting concerns from investors and analysts alike. As the company navigates a formidable macroeconomic landscape characterized by inflationary pressures and changing consumer preferences, its financial forecasts have fallen short of market expectations.

Shifting Tastes: The Decline of Kraft Mac & Cheese Sales Amid Changing Consumer Preferences

6 months ago

In a significant pivot reflecting the evolving landscape of American consumer habits, Kraft Heinz Company has reported a notable decrease in sales of its iconic Kraft Mac & Cheese. The once-dominant staple is witnessing a decline that underscores a broader trend where shoppers are increasingly favoring healthier, gourmet, and plant-based alternatives over classic brands.

Statkraft Announces Sale of Indian and Croatian Units as it Streamlines Focus on Core Markets

7 months ago

In a significant strategic move, Statkraft, the Norwegian state-owned energy company, has declared its intention to divest its operations in India and Croatia. This decision marks a pivotal shift in the company's approach as it seeks to concentrate its efforts on regions where it has established a strong footprint and can maximize its operational synergies.