Food and Beverage
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Dunkin Brands CEO Nigel Travis discusses the discipline his company maintains in choosing franchises, and his excitement for Baskin-Robbins in China and the year ahead.
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COPENHAGEN, Feb 1- Danish brewer Carlsberg is returning to Myanmar following the easing of international sanctions which forced it out of the country in the mid-1990s. "There is no doubt that this will go fast," Carlsberg's Chief Executive Jorgen Buhl Rasmussen told Reuters from Myanmar before an inauguration ceremony in Yangon on Friday. "
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Dunkin Brands CEO Nigel Travis discusses the discipline his company maintains in choosing franchises, and his excitement for Baskin-Robbins in China and the year ahead.
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*AB InBev says it will fight Justice Department. WASHINGTON/ NEW YORK, Jan 31- The U.S. government has filed a lawsuit seeking to stop Anheuser-Busch InBev SA from buying the half of Mexican brewer Grupo Modelo that it does not already own, saying the $20.1 billion deal could mean higher U.S. beer prices.
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Donald Baker, former Department of Justice antitrust division head, says the DOJ has been somewhat permissive in mergers and acquisitions over the past decade.
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The Super Bowl isn't just the biggest football game of the year, it's also the biggest event for Madison Avenue. This year the ads are costlier, but also a potentially better investment.
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The Department of Justice plans to sue to block Anheuser-InBev's proposed purchase of the rest of the Mexican brewer Grupo Modelo, a move that jeopardizes Constellation Brands' plans to fully acquire Crown Imports.
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The bids for the snack cakes of bankrupt Hostess Brands will be intensely competitive, CEO Greg Rayburn predicted in a "First on CNBC" interview.
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Diageo, the world's biggest spirits maker, reported slowing growth in earnings on Thursday and the CEO told CNBC the Europe market was lackluster.
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The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for 4,800 euros to a Chinese buyer. The FT reports.
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Summer Palace, a restaurant tucked inside one of the capital's most expensive hotels, offers the standard selection of Chinese delicacies: abalone, braised sea cucumber and imperial bird's nest soup, which sells for about 700 renminbi, or more than $100, a serving. Noticeably absent, however, is a mainstay of Chinese cuisine — shark fin soup. The NYT reports.
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After the Ackman vs. Icahn smackdown, only one question about Herbalife really matters, said Cramer.
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Hostess Brands is close to securing bids for its Drake's cake business and four bread operations that could net the company more than $50 million, according to a source.
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Beef is a delicacy in Bangladesh, but Hindu-majority India refuses to sell their sacred cows. The demand is so high, however, that a dangerous $920 million cow smuggling trade has popped up. CSM reports.
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Distracted by the mudslinging? Cramer breaks down the smackdown.
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Six things that have consumers buzzing in the world of beer, wine and spirits this week, including higher prices for "Two-Buck Chuck" and a new wine on the way from celebrity chef Guy Fieri.
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Last summer's drought has driven up the price of those Super Bowl party chicken wings. Chicken prices were up 6 percent in December, versus a year earlier - that's more than triple overall food prices.
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Starbucks' caffeinated performance is expected to continue when the coffee giant reports earnings Thursday.
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SAN JOSE, Jan 22- Costa Rica on Tuesday declared an emergency to tackle the spread of a coffee fungus that has already devastated Central American producers and looks set to destroy about 12 percent of Costa Rica's planted coffee in the upcoming 2013/ 14 harvest.
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Six things that have consumers buzzing in the world of beer, wine and spirits this week including FU Sandy beer, an Anheuser-Busch heir's latest investment and the New Hampshire beer tax battle.
