Food and drink
Malaysia’s egg lack sets Indian hatcheries on path for record exports
A worker collects eggs at a poultry farm in Mentakab, Malaysia on Nov. 29, 2022. The country has been scrambling for eggs as prices for rooster feed soars. Mohd Rasfan | AFP | Getty Photos India is set to export a record 50 million eggs this thirty day period, boosted by gross sales to Malaysia, […]
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How robots are helping address the fast-food labor shortage
Struggling to find workers and eager to relieve staff from boring, repetitive tasks, fast-food restaurant chains are adding robots to their kitchens. Using artificial intelligence, computer vision technology and a mechanical arm, Miso Robotics’ Flippy 2 has been deployed to Chipotle, White Castle and Wing Zone. White Castle said it plans to add 100 Flippy […]
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Nest clever thermostat co-founder is back again with a new unit for the property, concentrated on meals
Matt Rogers went from Apple to Nest Labs and into quite a few properties with the now-Google good thermostat. He is wanting to get into your house once more, this time to address America’s meals waste trouble. Chewie Labs Matt Rogers has often liked to glimpse at regions that are ignored. Ahead of he still […]
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Food fraud secretly infiltrates kitchens across America — here’s how to avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Olmsted, author of “Real Food/Fake Food,” told CNBC. Fraudsters motivated by economic gain secretly infiltrate the global food market through a […]
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China’s massive customer current market is just not rebounding to pre-pandemic degrees just but
Vacationers stop by ice sculptures in Harbin, Heilongjiang province on New Year’s Working day 2023. China News Services | VCG | Getty Images BEIJING — It really is going to acquire time for Chinese shoppers to actually start off paying out yet again, despite China’s abrupt shift towards reopening. About a month right after Guangzhou […]
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Costco’s December sales beat shows the Club holding is still the retailer to own
Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer’s ability to consistently attract customers despite gathering economic headwinds. For the 5 weeks ended Jan. 1, Costco’s net sales increased 7% year-over year, to $23.8 billion, the company reported Thursday. Total comparable sales, which excludes the impact of fluctuations in gasoline […]
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Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands’ comments came on the heels of Constellation reporting mixed 2023 fiscal third-quarter results earlier in the day, sending the company’s stock price tumbling. Shares of Constellation […]
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Constellation Brands’ shares tumble as higher costs hit beer supply chain
A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that offset sales growth in its beer category. The stock closed […]
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French bakers allowed to renegotiate sky-higher expenses with the daily baguette underneath menace
Bread shown at the natural and organic Racynes bakery in Boulogne-Billancourt, outside Paris, in November 2022. Bakery entrepreneurs have been battling with higher crop and electricity charges. Stephane De Sakutin | Afp | Getty Photos Electricity suppliers in France have agreed to let bakeries to negotiate new payment strategies for 2023 to steer clear of […]
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Dubai nixes its 30% liquor tax in a bid to draw in far more tourism
Media, not the accommodations by themselves, generally label motels like Burj Al Arab as “six-star” or “7-star” lodges. Waitforlight | Minute | Getty Visuals DUBAI, United Arab Emirates — Dubai is scrapping its 30% tax on alcohol gross sales for the relaxation of the year, the emirate’s municipality announced Monday, the most current go in […]
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