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Unilever has appointed Srinivas Phatak as Chief Financial Officer, following a unanimous board decision after a global search. Phatak had served as acting CFO since February and brings deep financial and industry expertise to the role. He will receive a fixed annual salary of €1.175 million, plus performance-based incentives.

With Unilever spinning off its ice cream business and Kraft Heinz demerging, spin-offs are all anyone is talking about. Past examples include the creation of Mondelēz International, the sale of Nestlé 's North American waters business, and the company that holds Pizza Hut, KFC and Taco Bell.

The global coffee market, now valued at $485.59bn, is seeing accelerated growth driven by the rise of coffee shops, speciality coffees, and consumer demand for functional beverages. A new study from Warwick and Bielefeld universities links regular caffeine intake to improved mood and energy - particularly in the morning - adding scientific weight to coffee’s expanding role in health and wellness trends.

Aleph Farms CEO Didier Toubia is betting on cultivated steak to reshape the future of meat. From regulation to consumer trends and cost hurdles, he explains why hybrid products may hold the key - and how classics like steak frites could return to the table.