Food and drink
International rice charges surge close to 12-year highs, and could rise even more
Rice trader shows assortment of rice samples at a wholesale retailer, in Guwahati, Assam, India on August 2, 2023. Nurphoto | Nurphoto | Getty Visuals Rice rates surged to their maximum in almost 12 many years on the back again of India’s rice export ban and adverse weather disorders that could effect production, explained the […]
Read More
Beyond Meat stock slides more than 15% after company reports weak sales, cuts forecast
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California. Mike Blake | Reuters Beyond Meat’s stock fell more than 15% in premarket trading Tuesday after the company reported weak sales, cut its full-year revenue forecast and walked back its goal of becoming cash-flow positive […]
Read More
Champagne profits are booming. But its taste could soon change eternally — thanks to climate alter
Additional than 325 million bottles of champagne had been delivered from Champagne in 2022, in accordance to Comité Champagne. Dave Kotinsky | Getty Illustrations or photos Amusement | Getty Visuals Champagne has been a hallmark of celebrations and luxury residing for centuries. But Europe’s soaring temperatures and more and more risky temperature are sparking fears […]
Read More
Meals shipping apps Get and Foodpanda increase into dine-in services as explosive expansion stalls
Prospects dining at Boat Quay in the Central Small business District of Singapore. Bryan van der Beek | Bloomberg | Getty Photographs SINGAPORE — Singapore-primarily based foodstuff shipping and delivery apps Grab and Foodpanda are growing into the dine-in area, as individuals appear to try to eat out a lot more put up-pandemic. Get is […]
Read More
Procter & Gamble is about to report earnings. Here’s what to expect
Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble is expected to report its quarterly earnings before the bell Friday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: $1.32 expected Revenue: $19.98 billion expected […]
Read More
Bud Light maker Anheuser-Busch to lay off hundreds of corporate staff
An employee adjusts bottles of Bud Light beer at an Anheuser-Busch InBev facility in Virginia, Aug. 8, 2018. Andrew Harrer | Bloomberg | Getty Images Beverage giant Anheuser-Busch InBev announced it will lay off hundreds of corporate employees as sales of its flagship lager Bud Light falter. In a statement to CNBC on Thursday, a […]
Read More
Coca-Cola says it’s done raising prices in the U.S. and Europe this year
A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023. Jeoffrey Guillemard | Bloomberg | Getty Images For two years, Coca-Cola has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done hiking prices this year in developed markets like the U.S. […]
Read More
Coca-Cola is about to report earnings. Here’s what to expect
Bottles of Coca Cola displayed at a grocery store on April 24, 2023 in San Rafael, California. Justin Sullivan | Getty Images Coca-Cola is expected to report its second-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: 72 cents Revenue: $11.75 […]
Read More
Kraft Heinz looks to revive Maxwell House brand with new instant iced latte with foam
Maxwell House’s new Iced Latte with Foam Source: Kraft Heinz At 131 years old, Maxwell House is no spring chicken, and most of its loyal drinkers aren’t either. But Kraft Heinz is looking to revive the coffee brand by appealing to younger consumers with its new iced latte with foam, its first product launch in […]
Read More
These 10 airports have the ideal foods solutions in the world—only 4 are in the U.S.
It is no magic formula airport food items can be hit or overlook. But not all terminals are developed equal. Radical Storage, a luggage storage provider and vacation tip provider, ranked the greatest airports for meals in the entire world from an evaluation of more than 1.2 million passenger testimonials. The rating calculated the adhering […]
Read More