The Latest Breaking News from Mondelez

ZURICH: Toblerone maker Mondelez will shift some production of its iconic triangular chocolate bars to Slovakia from Switzerland at the end of next year, citing strong growth and the need to boost capacity.

Chicago-based snack food giant Mondelez International said Monday it has agreed to acquire Clif Bar & Company, the California-based maker of Clif, Clif Kid and Luna brand energy bars.

Palm oil jumped 10% while rival soybean oil hit a fresh record high as traders gear up Indonesia's export halt till the domestic cooking oil prices ease, Bloomberg reports. The policy has agitated the global $50 billion palm oil market as Indonesia initially said it would ban all exports of cooking…

Mondelez International Inc (NASDAQ:MDLZ) has agreed to acquire Grupo Bimbo’s confectionery business, Ricolino, for $1.3 billion. The company expects the acquisition to double the size of its Mexico business and provide an attractive entry point into the chocolate category while expanding its presence in snacking.  Ricolino’s annual revenue is about $500 million. It employs 6,000 associates…

Long gone are the days of spending your pocket money at your local shop and being able to purchase a weekend's worth of sugar

Chocolate lovers, we have some sad news for you - you may have heard the news that Daily Milk are set to change their chocolate bars but don't expect any lower prices

One disappointed shopper said: "Cadbury has shrunk the size of a dairy milk bar??? Tragic."

Parent company Mondelez blamed the reduction on rising productions costs.

US parent Mondelez blames higher production costs and inflation as 200g bar shrunk to 180g