Food and drink
European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said […]
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Nestle flags further potential price hikes as tariffs, commodities weigh on margins
Kit Kat Chunky packaging are seen at a store in Poland on July 15, 2025. Nurphoto | Getty Images Swiss food giant Nestle said Thursday that prices for its KitKat bars and Nespresso coffee pods could rise further in the second half of this year, as U.S. tariffs risk exacerbating existing commodity price pressures. CEO […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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She quit her job as a Walgreens pharmacist to start a Vietnamese coffee company–today, it brings in over $500,000 a year
Lan Ho, founder and CEO of Fat Miilk. Courtesy of Lan Ho Lan Ho was working as a retail pharmacist at Walgreens earning about $120,000 a year, before she decided to quit her job to start a coffee company. Getting the pharmacist role was no easy feat. She had gone through a decade of higher education, […]
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Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall, the company announced on Tuesday. Coke has used high-fructose corn syrup to […]
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Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere
A 12-pack of Coca-Cola is displayed on a counter in a 7-Eleven convenient store in Austin, Texas, on July 17, 2025. Brandon Bell | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as strong demand in Europe offset weaker volume in other markets. Shares of the company fell less […]
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Pepsi introduces prebiotic cola months after Poppi acquisition
Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the […]
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Coffee giant Nescafe targets Gen Z as consumption habits shift
Olga Rolenko | Moment | Getty Images ORBE, Switzerland — For almost a century, a nondescript factory in an unsuspecting town beneath the Swiss mountains has played host to some of the most widely consumed coffee trends brewed up by caffeine giant Nescafe. From the 1938 launch of its flagship soluble powdered coffee to freeze-dried […]
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PepsiCo earnings beat estimates even as U.S. demand falls
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California. Kevin Carter | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America. Shares of the company rose roughly 2% in premarket trading. […]
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Athlete-backed Jams takes on peanut butter and jelly, protein craze
Connor Blakley Jams founder Jams The classic peanut butter and jelly sandwich is getting a modern day upgrade and backing from some top athletes. Jams, a new company created by 26-year-old Connor Blakley, launched Monday and hopes to take on Smucker’s Uncrustables as the next locker room and lunch box staple. Like Uncrustables, the sandwiches […]
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