Food and drink
As Singapore’s getting older inhabitants grows, companies are courting older individuals
Citizens aged 65 and earlier mentioned make up virtually a fifth of Singapore’s population in 2023. Nicky Loh | Bloomberg | Getty Visuals SINGAPORE — Singapore’s populace is getting old fast. Citizens aged 65 and earlier mentioned make up nearly 1-fifth of the inhabitants, up 11.7% from a decade in the past, according to the […]
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G7 calls for immediate repeal of bans on Japanese foods, urgent China
Japan’s minister of financial system, trade and field Yasutoshi Nishimura (R) and Japan’s minister for overseas affairs Yoko Kamikawa (C) attend the G7 trade ministers’ conference in Osaka on October 29, 2023. Str | JIJI Press | Afp | Getty Illustrations or photos The Team of 7, or G7, industrial powers referred to as on […]
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Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana. Luke Sharrett | Bloomberg | Getty Images Coca-Cola and PepsiCo‘s rivalry spans decades, but Coke usually comes out on top. This quarter was no different. The beverage leaders’ stocks have struggled this year, hurt by higher interest rates […]
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Beef costs are at report highs — how a great deal pricier will your steak get?
A T-bone steak, remaining, and a porterhouse. Portland Push Herald | Portland Push Herald | Getty Images How would you like your steak? Possibly exceptional, medium, or perfectly accomplished — but absolutely not additional highly-priced. Retail beef prices in the U.S. are at history highs, pushing up prices of beef-based mostly merchandise from burgers to […]
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Anheuser-Busch and UFC strike multiyear partnership, as brewer tries to turn around Bud Light sales
Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami on July 27, 2023. Joe Raedle | Getty Images Anheuser-Busch InBev’s Bud Light will again become the official beer sponsor for the Ultimate Fighting Championship with a six-year marketing partnership, the companies announced Tuesday. The sponsorship deal is “well into the nine figures,” […]
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Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
A Coca-Cola truck in New York City. Alexi Rosenfeld | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and hiked its full-year outlook. Shares of the company rose more than 2% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a […]
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Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn’t mean he’s a fan of initial public offerings or Wall Street. More than six years after selling the chain for $7.5 billion, Shaich is looking back on his nearly four decades at the helm of the company he […]
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McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book
Ron Shaich, founder and then-CEO of Panera Bread, in December 2017. Scott Mlyn | CNBC Panera Bread founder Ron Shaich uses his new book, “Know What Matters,” to impart lessons learned from his decades in the restaurant business — and reveals some juicy details in the process. Shaich’s book charts his entrepreneurial journey, starting with […]
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I am a mother in Japan, residence to the world’s healthiest kids—4 things Japanese dad and mom do in different ways to increase thriving eaters
In 1896, groundbreaking health care provider and pharmacist Sagen Ishizuka coined a Japanese philosophy named “shokuiku.” It is derived from two terms that signify “eat” and “increase.” Shokuiku encourages mother and father and educational facilities to train children the place their foodstuff arrives from and how it affects our intellect and system. This idea has […]
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Nestle misses nine-thirty day period product sales estimates, expects quantity upturn by year-conclusion
KitKat chocolate bars, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021. Nestle report their half-12 months results on July 29. Photographer: Hollie Adams/Bloomberg through Getty Photographs Bloomberg | Bloomberg | Getty Illustrations or photos Nestle posted decreased-than-predicted 9-thirty day period sales progress on Thursday as greater solution prices created consumers […]
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