Yoghurt king named World Entrepreneur of the Year

HAMDI Ulukaya, the founder of the US yoghurt-maker Chobani, was named the Ernst & Young World Entrepreneur Of The Year 2013 at an awards ceremony in Monaco this weekend. The Turkish born entrepreneur founded Chobani in 2005 after spotting an ad for a closed-down yoghurt plant in New York. It is now the top-selling yoghurt brand in the US with annual sales nearing $1bn (£0.6m).