Food and Beverage Beverages

  • HOUSTON— Wal-Mart's court fight to sell liquor at its stores in Texas looks to be back on track, but the courtroom is getting crowded. A federal appeals court is allowing a trade group representing liquor store operators to join a stalled federal lawsuit that the nation's largest retailer filed against the Texas agency that hands out permits to sell booze by the...

  • BRUSSELS— The world's largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce— equivalent to thousands of jobs— once it completes its huge takeover of its closest rival, SABMiller. The company headquartered in Leuven, Belgium, has about 150,000 workers while the London- based SABMiller claims to have around 70,000.. It expects losses at...

  • Coca-Cola Amatil

    The company is working on reformulations, reduction of sugar and package sizes to suit new consumption trends, says Coca-Cola Amatil's Martyn Roberts.

  • TOKYO, Aug 25- Three years of so-called "Abenomics", Japanese Prime Minister Shinzo Abe's bold stimulus programme, has failed to dislodge a deflationary mindset among businesses and consumers. Housewife Yuko Narita, 48, says she is tightening the family purse strings and scouting around for sales on daily goods and clothing. Nobuko Jin, a 75- year-old part-time...

  • Boys picking coffee beans in the Orosi valley, Costa Rica, on April 23, 2016.

    With coffee prices still near the 12-month high they hit last month, analysts are contemplating whether the rally has further to run.

  • California judge dismisses Starbucks iced drinks case

    The judge ruled a reasonable consumer would not be deceived that cold beverages will be filled with a portion of ice.

  • LONDON— A British court has ruled that two groups of shareholders in brewing company SABMiller should vote separately on the 79 billion pound takeover offer made by rival Anheuser-Busch InBev, effectively giving smaller investors an outside chance to derail the deal. While smaller shareholders will receive cash for their stakes, SABMiller's two biggest...

  • LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the company's takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB for a split. SAB requested that those two shareholders-- cigarette maker Altria Group and Bevco, a vehicle of Colombia's Santo Domingo family-- be treated as a...

  • LAVAL, France— French farmers are occupying an intersection outside the headquarters of dairy giant Lactalis and crying for help as they struggle to compete with cheaper countries in Europe's single market. Their protest in the western France city of Laval on Monday is targeting Lactalis, which produces Parmalat cheeses, President butter and many other...

  • GENEVA— Swiss food and beverage giant Nestle says first-half profit dipped due to a one-time tax expense even as revenues edged up behind growth in its key North American food business and despite a slowdown in the Chinese market. The maker of Kit Kat chocolate bars, Lean Cuisine meals, Maggi noodles and Gerber baby foods said Thursday that its net income was 4.10...

  • *VertuoLine goes to France, Dolce Gusto gets global advert. LONDON/ ZURICH/ CAPETOWN, Aug 17- Nestle is giving its instant coffee brand Nescafe and its Nespresso single-serve coffee a shot in the arm as fast-growing rivals with lean cost structures chip away at its global dominance. While its two megabrands still control nearly 23 percent of the $77 billion retail...

  • The decline of the crop supply is hurting the production of pumpkin beer.

  • Danish brewer Carlsberg posted half-year results slightly below expectations, but said it would maintain its 2016 outlook.

  • COPENHAGEN, Aug 17- Danish brewer Carlsberg promised to address poorly performing parts of its business after half-year results came in slightly below expectations on Wednesday, sending its shares down by 4 percent. The Copenhagen- based company said it was sticking to a forecast for full-year organic operating profit growth in the low-single figures in...

  • COPENHAGEN, Aug 17- Danish brewer Carlsberg posted half-year results slightly below expectations, but said it would maintain its 2016 outlook as its cost-cutting strategy shows progress. The company reported a six-month operating profit before special items at 3.45 billion Danish crowns, down 4 percent from same period last year, with the beer producer...

  • We see H2 2016 cost increases in Russia: Carlsberg

    Carlsberg Group CEO & President, Cees ’t Hart, talks about the beverage maker’s performance in Russia and other markets like China.

  • Face significant headwinds from currencies: Carlsberg  CEO

    “We feel that the second half of the year might not be a strong as the first half-year, compared to last year,” Carlsberg Group CEO & President, Cees ’t Hart tells CNBC.

  • Brexit may impact consumer confidence in UK: Carlsberg

    Carlsberg Group CEO & President, Cees ’t Hart weighs in on how the company will weather the post-Brexit world, while commenting on non-alcoholic beer and its strategies going forward.

  • *Singapore wants businesses to adopt more robots. The city's restaurants, hotels and retailers have become the biggest casualties of the labour crunch since Singapore accelerated restrictions on foreign workers in 2011 as political disquiet about immigration grew. To address the constraints, Singapore is pushing businesses to look to non-human...

  • *Singapore wants businesses to adopt more robots. The city's restaurants, hotels and retailers have become the biggest casualties of the labor crunch since Singapore accelerated restrictions on foreign workers in 2011 as political disquiet about immigration grew. To address the constraints, Singapore is pushing businesses to look to non-human solutions...