Food and drink
Trump's pro-Anheuser-Busch write-up arrived right after UFC manager Dana White urged him to again business, supply suggests
Republican presidential prospect and previous U.S. President Donald Trump attends a Nevada caucus night time bash at Treasure Island Resort & Casino in Las Vegas, Nevada, U.S. February 8, 2024. David Swanson | Reuters Former President Donald Trump wrote a social media put up previously in the 7 days inquiring his supporters to give Anheuser-Busch […]
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PepsiCo earnings top estimates, but quarterly revenue slides
Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened. Shares of the company fell more than 1% in premarket trading. Here’s what the […]
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Spirits sales beat out beer and wine for second straight year, despite little growth
Spirits on display at a bar in Cardiff, Wales, in the United Kingdom. Matthew Horwood | Getty Images News | Getty Images The spirits industry held its market share edge over beer and wine for the second straight year in 2023, even as it showed little growth, according to new data released Wednesday. U.S. spirits […]
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Starbucks olive oil-infused Oleato drinks to launch across the U.S.
Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited the country and noticed locals drinking olive oil daily. The […]
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Saudi Arabia's to start with alcoholic beverages retail outlet is a huge action, but also aims to tackle a longstanding trouble: Booze smuggling
Saudi Arabia’s very first alcohol retailer has opened in the diplomatic quarter of its cash Riyadh, accessible to non-Muslim diplomats. Even though it only influences a find group, it is a huge improve for the extremely conservative Muslim kingdom, exactly where alcoholic beverages has been banned because 1952 following a Saudi prince murdered a British […]
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Saudi Arabia opens its first-ever alcohol retail outlet — but it's only accessible to a pick out team
Spirits on display screen in a British isles bar in Cardiff, United Kingdom. Matthew Horwood | Getty Images Information | Getty Pictures Saudi Arabia has opened its first liquor retail store in the diplomatic quarter of its cash Riyadh, two sources explained to CNBC. The news, which has not been officially verified by the Saudi […]
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Oatly shares pop as oat milk maker brings dairy-free flavors to Carvel ice cream shops
Containers of Oatly frozen desserts are displayed on a shelf at a Whole Foods store on November 15, 2021 in San Rafael, California. Justin Sullivan | Getty Images Oatly and Carvel said Monday they will partner to add oat-milk based items at the chain’s ice cream stores nationwide. The agreement is a boon for Oatly, […]
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2024's wave of elections predicted to derail foods safety development
Skaman306 | Minute | Getty Photographs DAVOS, SWITZERLAND — The slew of impending international elections could derail international attempts to protected extended-phrase foodstuff provides, according to the International Fund for Agricultural Development (IFAD). President Alvaro Lario advised CNBC that small-time period politics will most likely dominate in excess of for a longer period-time period approach […]
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China's Meituan shed $82 billion in current market cap amid soaring competition, slowdown in meals supply company
A food stuff shipping courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in income predicted for Meituan may be a catalyst to its shares, which have outperformed friends as services spending turns out to be a exceptional vivid location amid deepening investor pessimism. Source: Bloomberg Bloomberg | Bloomberg | Getty Photos Considering that […]
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PepsiCo products are staying pulled from some Carrefour grocery retailers in Europe in excess of value hikes
Buying cart in a department of a Carrefour grocery store, in entrance of pastas and sauces. Andia | Universal Pictures Group | Getty Visuals World-wide grocery store chain Carrefour will halt marketing PepsiCo products and solutions in it retailers in France, Belgium, Spain and Italy above price will increase for popular objects like Lay’s potato […]
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