Tesco has reportedly asked suppliers to agree price cuts as it steps up its battle with…
Category: Food and Beverage
Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm
A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Read…
Restaurants are ‘hurting’, says Deliveroo boss
Restaurants “are hurting” due to the coronavirus pandemic, the boss of food courier Deliveroo has told…
Ben & Jerry’s maker Unilever settles on UK base
Unilever, the Anglo-Dutch maker of Ben & Jerry’s ice cream and Dove soap, is to combine…
Amazon trials online food delivery in India
Internet giant Amazon is entering the meal delivery business with a trial in four parts of…
China’s Luckin Coffee slumps on ‘fake’ data news
Shares in Luckin Coffee have slumped after the company said one of its top executives and…
Why orange juice prices are soaring on global markets
The future price of orange juice has spiked by more than 20% this month as consumers…
Mexican referendum rejects U.S. Modelo brewer in new investment blow
MEXICO CITY (Reuters) – Residents of a Mexican city on the U.S. border voted against completing…
Coronavirus: McDonald’s to close all UK restaurants
McDonald’s will close all 1,270 of its restaurants in the UK by the end of Monday,…
Coronavirus: Starbucks closes 2,000 Chinese branches
Starbucks has closed half of its outlets in China to protect its staff and support government…
Coca-Cola unveils new sparkling water brand with a jolt of caffeine
Coca-Cola on Thursday unveiled a new sparkling water line, its first new brand in more than a…