Confectionary giant Mondelez believes that inflation affecting cocoa and sugar, as well as ongoing political tensions in the Middle East are major challenges that it will need to overcome this year, despite having announced ‘record’ profits fror 2023.
Sri Lanka has been accused of backtracked on its fight against diabetes after implementing a 40% reduction in its sugar tax, amidst public outcry describing the move as ‘insane’ and ‘racing backwards’.