As Irene Rosenfeld prepares to leave after 11 years as chief executive of Mondelez International, investors are wondering whether history will repeat itself with the company being put back in play now that a chief resistant to activist pressure is heading for the exit. Lingering speculation that Mondelez, the third-largest packaged food and confectionery company after Nestlé and PepsiCo, will be the next on 3G’s shopping list has propped up the stock, writes the FT. (The Financial Times £)

We knew trading was bad on the high street but now we know just how bad. Britain’s fashion retailers have endured the worst July since 2009 when the country was in recession (The Times £).

Green & Blacks is launching its first UK chocolate bar that is neither organic nor Fairtrade-certified. The move by the organic chocolate maker – owned by US food giant Mondelēz International, parent of Cadbury – is likely to further undermine the Fairtrade movement amid concerns about a proliferation of rival alternatives (The Guardian). Instead of the Fairtrade mark, it carries the Cocoa Life certification, set up by Mondelez International, the owner of Green & Black’s. The new Velvet Edition dark chocolate bars go on sale in the UK this month. (The BBC)

A powerful shareholder body whose members manage assets worth £14tn has waded into the multi-billion pound takeover of Worldpay, the FTSE-100 payments group. The Investor Forum, whose members include City institutions such as Legal & General Investment Management and Schroders, has held a series of talks with Worldpay over the terms of its £9bn sale to Vantiv of the US. (Sky News)

Ministers must “get a grip” and put an end to the bitter Cabinet infighting over Brexit to ensure businesses get a good deal when Britain leaves the European Union, The Wine and Spirit Trade Association has warned. The trade body said it has “deep-seated” concerns about the Government’s “chaotic approach” to Brexit and claimed a “clear plan” was paramount or trade would suffer. (Sky News)

Michael Gove, environment secretary, faced accusations on Thursday of giving mixed messages about the future of British fisheries after he talked positively about the future potential for foreign vessels to fish in UK waters. The controversy arose after a Danish newspaper, Finans, said Mr Gove had told leaders of Denmark’s fisheries industry that vessels from the country would be able to operate in British waters after Brexit. (The Financial Times £)

Millions of eggs are being recalled from shops and warehouses in Germany and the Netherlands and being blocked from sale in Belgium after some were found to contain high levels of a toxic insecticide banned from use in the production of food for human consumption. (The Guardian)

The Government wants to reduce the cost of exporting whisky after Brexit. Scottish Secretary David Mundell said ministers want to open up new markets around the world for the drink, which is worth almost £5bn annually to the British economy. (Sky News)

An invisible traceable gel that stays on skin and clothes for years will be sprayed on anyone who tries to break into a Co-operative cash machine as part of a hi-tech initiative to combat ATM crime. (The Guardian)

London celebrates international beer day with craft brewing success, writes The FT, as the number of craft breweries in UK climbs to 1,700 and reaches 9% of the market. (The Financial Times £)