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Danone: demand for baby food and water in China more than offset weak dairy sales. Photograph: Bloomberg

Danone said on Friday it would accelerate sales growth this year and deliver a further rise in profits as it seeks to respond to pressure from investo(...)

Danone  yoghurt: the company said the slowdown in its growth reflected tough market conditions in Spain and problems with the relaunch of its Activia brand in Europe. Photographer: Andrey Rudakov/Bloomberg

Food group Danone unveiled a €1 billion cost-cutting plan over three years, saying the turnaround of its European dairy division was taking longer tha(...)