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Food and Beverage Food Products

  • Oct 25- Chipotle Mexican Grill Inc on Tuesday reported a bigger-than-expected drop in quarterly sales at established restaurants as it fights to recover from a string of food safety lapses late last year. Shares in Chipotle fell 2.2 percent to $396.84 after the Denver- based burrito seller posted a 21.9 percent drop in third-quarter sales at restaurants open...

  • Oct 25- Chipotle Mexican Grill Inc on Tuesday reported a bigger-than-expected drop in quarterly sales at established restaurants as it fights to recover from a string of food safety lapses late last year. Shares in Chipotle fell 2.6 percent to $395 after the Denver- based burrito seller posted a 21.9 percent drop in third-quarter sales at restaurants open at...

  • America's lobster craze sends prices soaring

    Industry experts say wholesale live lobster prices in August reached the highest level in a decade.

  • Avocado supply shrinks, prices soar

    The recent shortage of avocados force some restaurants to take guacamole off their menus.

  • *Burger King comp sales in US and Canada fall 0.5 pct. Oct 24- Restaurant Brands International Inc, owner of Burger King and Tim Hortons, reported a second straight quarter of decline in comparable sales at Burger King in the United States and Canada. Comparable sales in the United States and Canada fell 0.5 percent.

  • Girl Scout cookies

    Girl Scouts of America and General Mills teamed up to bring Girl Scout cookies to the breakfast table, TODAY reports.

  • CAIRO, Oct 24- Edita Food Industries, Egypt's maker of Twinkies, said on Monday its sweet factory in Beni Suef had been shut for three days after authorities seized its sugar, raising questions among investors over the way Egypt is handling a supply crunch. Edita, one of Egypt's largest food producers, told Reuters it had produced all required documents and denied...

  • LONDON, Oct 20- Unilever's push to raise the prices of its brands in Britain in response to a fall in the pound exposed the vulnerabilities of a company- and wider consumer brands industry- that can no longer count on selling more goods to deliver revenue growth. The pound's plunge since the June Brexit vote has put extra pressure on firms like Unilever, whose brands...

  • Millennial demands good for Nestle: CEO

    Nestle's CEO Paul Bulcke, says that his company is seeing more vigor in the U.S. than in Europe, and that changing consumer habits are affecting his company.

  • Pricing not important to organic growth: Nestle CEO

    Paul Bulcke, CEO of Nestle, says that deflation - particularly in Europe - means that pricing is not important to the organic growth of his company.

  • HONG KONG, Oct 20- Bond volumes for ChemChina's subsidiary jumped this month, underlining the market's divided views over the chemical giant's $43.5 billion acquisition of Swiss-based seeds company Syngenta and possible merger with China's Sinochem. Aggregate bond trading volumes in Europe from its unit Bluestar Finance Holdings Limited have exceeded...

  • NEW YORK, Oct 19- IBM, U.S. retailer Walmart and Tsinghua University on Wednesday announced a joint effort to track the movement of food products in China using blockchain technology to improve food safety in the world's second-largest economy. Chinese food safety practices have raised concern about contamination in China and in countries where Chinese food...

  • Caramel M&Ms set to hit shelves next year

    The brand director says the combination of chocolate and caramel is popular among sweet-tooths.

  • Chinese shopping agent Na Wang selects Sanitarium's Weet-Bix cereal biscuit, during a shopping trip for Chinese customers at an Australian supermarket in Sydney on August 2, 2016.

    A shrewd product placement on a popular soap opera in China has propelled a Western breakfast cereal to frenzied popularity in the country.

  • *Australia has been pushing to be' delicatessen of Asia'. SYDNEY, Oct 19- An unprecedented shortage of air cargo space, after years of booming exports to Asia, is forcing Australian producers of top-end foods to potentially miss out on hundreds of millions of dollars in sales of everything from lobster to cherries. Australia has been pushing to become the'...

  • The latest product on the Chinese black market? Weet-Bix

    Sanitarium Health & Wellbeing's Mark Roper talks about how Weet-Bix cereal has skyrocketed in popularity in China after being featured on a TV drama.

  • Hunger Games: Pizza vs. Burgers

    The "Fast Money" traders share their takes on food stocks, including Domino's Pizza, Papa John's and Yum Brands. Guy Adami goes to the streets to find out what New Yorkers prefer.

  • The Bank of Canada, which releases its latest forecasts on Wednesday, is projecting a healthy third-quarter recovery after a major wildfire in the oil-producing province of Alberta in May caused the economy to contract in the second quarter. "will provide even more reassurance to the Bank of Canada that third quarter GDP growth rebounded strongly," Capital...

  • OTTAWA, Oct 18- Canadian manufacturing sales in August jumped much more than expected on widespread strength, reinforcing expectations that broad economic growth rebounded in the third quarter. Statistics Canada said on Tuesday that sales rose by 0.9 percent from July to hit C $51.12 billion as eight of the country's 10 provinces recorded increases.

  • Danone should diversify internationally: Analyst

    Robert Waldschmidt, consumer goods analyst at Liberum, discusses Danone's business strategy, saying that the company is benefiting from diversifying its international markets.