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Food and Beverage Food Products

  • SAO PAULO, April 3- Latin American currencies seesawed on Monday as traders remained cautious amid lingering uncertainty over U.S. New York and other states challenged the Trump administration for illegally blocking energy efficiency standards, casting further doubt on the strength of his political capital. Trump is also set to meet Chinese President Xi...

  • LONDON, April 3- British consumer goods maker Reckitt Benckiser is reviewing strategic options for its small food business, it said on Monday, as it seeks to pay down debt following its planned $16.6 billion purchase of Mead Johnson. A sale of the business, which includes French's mustard and Frank's RedHot sauce, could fetch more than 2.4 billion pounds, British...

  • LONDON, April 2- British consumer goods group Reckitt Benckiser is considering the sale of its foods business, which includes French's, its top-selling U.S. mustard brand, to help fund its $16.6 billion takeover of baby food maker Mead Johnson, British newspaper The Sunday Times said. The maker of Durex condoms and Nurofen painkillers has told banks it plans to...

  • BRASILIA, March 31- The world's largest meatpacker, Brazil's JBS SA, has for years knowingly bought cattle that were raised on illegally deforested land, turning a blind eye to regulations meant to protect the Amazon rainforest, Brazil's environmental regulator has alleged. The accusation comes even as JBS and other meatpackers in Brazil, the top global...

  • PARIS, March 31- French food group Danone said on Friday it would sell its U.S. organic yogurt business Stonyfield to facilitate the rapid completion of its $10.4 billion acquisition of U.S. organic food producer WhiteWave foods Co.. The decision to sell Stonyfield stemmed from an agreement in principle reached with the U.S. Department of Justice's anti-trust...

  • The fast food giant announced it's swapping frozen beef patties for fresh ones in its quarter pounder burgers.

  • *Hungary lifts bond offer, yields fall. BUDAPEST/ PRAGUE, March 30- The crown plunged in the spot market and in forward contracts on Thursday as the Czech central bank gave up its guidance to end its 3 1/ 2- year-old weak crown regime around mid-2017. The crown's plunge started after CNB Governor Jiri Rusnok said the probability of a mid-year exit from the cap was lower "...

  • *Good auction seen in Hungary on loose central bank policy. BUDAPEST/ PRAGUE, March 30- Czech short-term government debt firmed on Thursday as the country's central bank holds its last meeting before the end of its "hard commitment" to keep its cap on the crown's value. It is due to publish its decisions at 1200 GMT.

  • Food and drink prices look set to rise after Brexit.

  • BRASILIA, March 29- The Brazilian government on Wednesday enacted a bigger spending freeze than anticipated while keeping tax hikes to a minimum as it seeks to reach a fiscal deficit target key to regaining the country's investment-grade rating. Finance Minister Henrique Meirelles told a news briefing the government would freeze 42.1 billion reais in...

  • March 29- The southern Michigan headquarters of food producer Kellogg Co were evacuated and nearly two dozen people were transported to hospital for treatment due to a Freon leak on Wednesday, fire and company officials said. The leak occurred on the fifth floor of Kellogg's headquarters in downtown Battle Creek, Michigan, some 120 miles west of Detroit at...

  • BRASILIA, March 29- Brazil needs independent controls over its meat industry, a top EU health official said on Wednesday, as he wrapped up a visit to the country rocked by an anticorruption investigation centering on bribery of its food-sanitation inspectors. Brazil's police say in court documents bribes were paid to cover up serious health violations by some...

  • BRASILIA, March 29- Brazil needs independent controls over its meat industry, a top EU health official said on Wednesday, as he wrapped up a visit to the country rocked by an anticorruption investigation centering on bribery of its food-sanitation inspectors. Brazil's police say in court documents bribes were paid to cover up serious health violations by some...

  • BRASILIA, March 29- Brazil needs independent controls over its meat industry, a top EU health official said on Wednesday, as he wrapped up a visit to the country rocked by an anticorruption investigation centering on bribery of its food-sanitation inspectors. Brazil's Federal Police say in court documents the bribes were paid to cover up serious health...

  • SAO PAULO, March 29- JBS SA, the world's biggest meatpacker, said on Wednesday it would furlough workers at 10 of its 36 Brazilian beef plants after sales fell sharply due to a police probe into bribery of health inspectors in Brazil's meat industry. A JBS press representative said the 20- day furlough would begin on Monday. JBS previously said that it would operate...

  • Cramer's charts explain why General Mills looks ripe for a run

    Jim Cramer turned to the charts to find out why this beaten-down food giant might be ready to rip.

  • A customer picks up a General Mills Inc. Yoplait brand yogurt at a supermarket in Princeton, Illinois, U.S.

    Jim Cramer turned to the charts to find out why this beaten-down food giant might be ready to rip.

  • Why General Mills looks ripe for a run

    Jim Cramer turned to the charts to find out why this beaten-down food giant might be ready to rip.

  • AI robot vs man

    AI, robots and automation could replace humans in the food services industry "by the mid [2020s]," Yum Brands CEO Greg Creed told CNBC on Tuesday.

  • The Ripple Maker Makes Your Selfies Drinkable

    The Ripple Maker combines 3D and ink-jet printing technology to create a work of art on top of the foam of a latte.