VANCOUVER, British Columbia _ Burcon Nutrascience Corp. on Friday reported a loss of $1.2 million in its fiscal third quarter. The Vancouver, British Columbia- based company said it had a loss of 4 cents per share. Keywords: Burcon Nutrascience, Earnings Report.» Read More
Muslims will make up more than a quarter of the world's population by 2030, and China wants to play an active role in feeding them.
BRASILIA, Aug 17- McDonald's Corp, the world's biggest fast-food chain, was accused of mistreating its employees and dodging taxes on Thursday during a Senate hearing in Brazil, where politicians, union leaders and workers from five continents voiced allegations. Arcos Dorados Holdings Inc, the world's largest McDonald's franchisee and its main operator in...
Aug 20- Food distributor Sysco Corp added Nelson Peltz to its board, days after the activist investor disclosed a 7.1 percent stake in the company and called its shares "undervalued". Sysco said it was also appointing Josh Frank, a partner at Peltz's Trian Fund Management LP, to the board effective Friday. "Sysco is a leader in its business, and we believe it is...
McDonald's expects a significant sales bump from all-day breakfast.
*Native Australian produce demands top shelf prices in Asia. Finger limes are just one of a number of premium Australian agricultural products, including olive oil, honey, wagyu beef and organic baby food, now being sold in some of Asia's top stores as Australia pushes to become Asia's delicatessen. While Australia's main agricultural products like wheat, rice,...
Aug 18- Yum Brands Inc announced on Tuesday new leadership for its China division as investor activists lobby for the owner of the KFC and Pizza Hut brands to spin off that business, which is its biggest driver of revenue and profit. Su, who has been with Yum for 26 years, was instrumental in making Yum the biggest Western restaurant chain in China.
*Would be blow to key exporters Malaysia, Indonesia. NEW DELHI, Aug 18- India plans to spend $1.5 billion in the next three years to help farmers grow oil palm trees in an area the size of New Jersey, government sources said, with Prime Minister Narendra Modi pushing to make the nation self-sufficient in edible oils this decade. A successful Indian push into palm...
Benchmark lean hog futures prices on the Chicago Board of Trade have dropped 42 percent from their July 2014 record high of $133 per hundredweight. And as herds continue to grow, and the strong dollar and competition from Europe and Canada blunts export demand, hog farmers are probably facing even lower prices in the months ahead, with December-delivery...
The head of the Centers for Disease Control's Influenza Division says the agency is "concerned" that the bird flu virus may mutate.
CNBC's Morgan Brennan reports egg prices are 142 percent higher than they were in April. Bird flu is the reason, she says, and the hikes are far from over.
CNBC's Morgan Brennan looks at the rising cost of eggs.
Taco Bell's incoming CEO Brian Niccol, says Taco Bell is on a great streak in hiring and food products. Also, Niccol comments on high unemployment rates in teens.
Egg prices fly to record heights.
CNBC's Morgan Brennan reports on the pain from bird flu for consumers and farmers.
McDonald's quietly makes quarter pounder a tad heavier.
India will seek $99M in damages from Nestle after reports of excess lead in the firm's Maggi noodles forced a nationwide recall.
After Shake Shack's remarkable quarter, can the company keep the momentum? Sam Oches, QSR Magazine editor, expects quality for the food to remain high as it expands, commenting on competition in the burger space.
Shake Shack reported better-than-expected quarterly earnings, and raised its full-year guidance. Jack Mohr, TheStreet.com, has the trade.
The great Chinese stock slump that first whacked luxury car sales is spreading to mass-market brands.