Toffee Crisp and Blue Riband can't be called chocolate any more

'Nestle has reformulated Toffee Crisp and Blue Riband bars, reducing their cocoa and milk solid content below UK chocolate standards, leading to their reclassification as "encased in a smooth milk chocolate flavour coating." This change, driven by rising cocoa prices, reflects a broader industry trend known as "skimpflation," where companies adjust recipes to manage increased production costs. Similar adjustments have been made by other brands, such as McVitie's, which recently relabelled its Penguin and Club bars as "chocolate flavour."'
[Summarised by Apple Intelligence]

#Nestle #ToffeeCrisp #BlueRiband #MilkChocolate #CocoaPrices #Skimpflation #RecipeChange #ProductionCosts #McVities #ChocolateFlavour #Reclassification #FoodIndustry

http://bbc.com/news/articles/c79x7q325p3o

Toffee Crisp and Blue Riband can't be called chocolate any more

Nestle has used more vegetable oil in it recipes, meaning the treats no longer qualify as chocolate under UK law

South Africa’s wine sector feels the squeeze

A new report by FTI Consulting reveals that over the past decade South Africa’s wine industry has seen a 12 % drop in vineyard area and sharply rising costs, leaving only a small share of producers profitable. Between 2014 and 2023, the area planted with wine-grape vineyards in South Africa…
#wine #Wine #productioncosts #southafrica #SouthAfricanWine #vineproduction
https://www.diningandcooking.com/2420751/south-africas-wine-sector-feels-the-squeeze/

South Africa’s wine sector feels the squeeze

A new report by FTI Consulting reveals that over the past decade South Africa’s wine industry has seen a 12 % drop in vineyard area and sharply rising costs, leaving only a small share of producers profitable. Between 2014 and 2023, the area planted with wine-grape vi…
#dining #cooking #diet #food #Wine #productioncosts #southafrica #SouthAfricanWine #vineproduction
https://www.diningandcooking.com/2420751/south-africas-wine-sector-feels-the-squeeze/

Jeju Island is accelerating efforts to build a hydrogen-powered ecosystem, showcasing hydrogen vehicles and calling for stronger central government support to lower production costs and enable international cooperation, as highlighted at the 2025 Global Green Hydrogen Forum.
#YonhapInfomax
#Jeju #HydrogenEcosystem #HyundaiMotorGroup #GreenHydrogen #ProductionCosts
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83486
Jeju Aims to Become 'K-Hydrogen Hub'—Calls for Support to Lower Production Costs

Jeju Island is accelerating efforts to build a hydrogen-powered ecosystem, showcasing hydrogen vehicles and calling for stronger central government support to lower production costs and enable international cooperation, as highlighted at the 2025 Global Green Hydrogen Forum.

Yonhap Infomax
Rivian Automotive warned that changes in U.S. EV tariffs and incentives could raise per-vehicle production costs by thousands of dollars, with 2025 EBITDA losses expected to widen and environmental credit revenue forecasts cut nearly in half.
#YonhapInfomax #RivianAutomotive #Tariffs #ProductionCosts #EBITDALoss #EnvironmentalCredits #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75834
Rivian Warns Tariffs Could Raise Per-Vehicle Production Costs by Thousands of Dollars

Rivian Automotive warned that changes in U.S. EV tariffs and incentives could raise per-vehicle production costs by thousands of dollars, with 2025 EBITDA losses expected to widen and environmental credit revenue forecasts cut nearly in half.

Yonhap Infomax
USD/KRW exchange rate surpassing 1,500 could lead to significant production cost increases across industries, with manufacturing facing a 6.6% rise and construction 3.3%, potentially triggering inflation and economic challenges.
#YonhapInfomax #USD/KRWExchangeRate #ProductionCosts #Manufacturing #ConstructionIndustry #EconomicImpact #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58080
Manufacturing Production Costs to Rise 6.6%, Construction 3.3% if USD/KRW Reaches 1,500

USD/KRW exchange rate surpassing 1,500 could lead to significant production cost increases across industries, with manufacturing facing a 6.6% rise and construction 3.3%, potentially triggering inflation and economic challenges.

Yonhap Infomax
Food companies in South Korea implement consecutive price increases as government control weakens, raising concerns about consumer price inflation amid rising production costs and changing market dynamics.
#YonhapInfomax #FoodIndustry #PriceIncrease #ConsumerPrices #GovernmentControl #ProductionCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57491
Government Control Weakens... CJ, Nongshim, and Others Implement Consecutive Price Increases

Food companies in South Korea implement consecutive price increases as government control weakens, raising concerns about consumer price inflation amid rising production costs and changing market dynamics.

Yonhap Infomax
Paldo announces price increases for major ramen and beverage brands, citing rising production costs in first hike since October 2022
#YonhapInfomax #Paldo #PriceIncrease #Ramen #Beverages #ProductionCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57411
Paldo to Raise Prices of Major Brands Including Bibimmyeon - First Hike in 2.5 Years

Paldo announces price increases for major ramen and beverage brands, citing rising production costs in first hike since October 2022

Yonhap Infomax
Activision reveals staggering production costs: Call of Duty: Black Ops III at $450M+, Modern Warfare at $640M+, and Black Ops Cold War at $700M+ in a December court filing. #Activision #CallOfDuty #GamingIndustry #GameDevelopment #TechNews #VideoGames #ProductionCosts