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Food and Beverage Beverages

  • BRASILIA, Sept 4- A leniency deal struck between the controlling shareholders of Brazilian meatpacker JBS SA and prosecutors may be partially revoked, threatening witnesses' immunity but keeping their testimony, the country's top prosecutor said on Monday. He also said the audio implicated someone at the Supreme Court of unspecified wrongdoing and...

  • HAMBURG, Sept 4- Late summer rain has saved Germany's hop crop, meaning brewers should now have enough of the key beer ingredient, the head of German-U.S. global hops trader Barth Haas Group told Reuters. Germany is the second largest producer and provides 75 percent of the world's hop supplies with the United States, where the harvest is looking slightly above...

  • The 'Friendship Bridge' is seen in the background as Chinese men take part in morning exercises on the Yalu river in the border city of Dandong, Liaoning province, northern China across from the city of Sinuiju, North Korea on May 23, 2017 in Dandong, China.

    President Trump said the US could consider stopping all trade with countries doing business in North Korea.

  • Jefferies said Diageo's sluggish growth may be a result of its outdated focus on vodka and its underwhelming emphasis on tequila.

  • MEXICO CITY, Aug 29- Mexican bottler and retailer Fomento Economico Mexicano on Tuesday named veteran executive Eduardo Padilla as the firm's next chief executive officer effective next year, the company said in a statement. Padilla, Femsa's corporate and finance director who has been working for the company for two decades, will take over from outgoing CEO...

  • *Warns of butter, cream shortage in Europe. COPENHAGEN, Aug 25- Milk prices are set to rise in Europe as the continent faces a shortage of milk, cream and butter by Christmas, the head of one of the world's biggest dairy companies said on Friday. "There is a big lack of fat, cream and butter products everywhere in Europe.

  • Beer stocks get a buzz

    CNBC's Landon Dowdy reports what's going on with beer stocks. The “Fast Money” traders weigh in.

  • Spiked seltzer sales causing buzz among big brewers

    CNBC's Landon Dowdy reports on how the brewing industry is cashing in on hard seltzer sales.

  • Phildelphia soda tax falling flat

    Todd Morris, Catalina U.S. president, discusses the plummet in soda sales in Philadelphia since passing their soda tax.

  •  Wal-Mart customer peruses the soda aisle

    A study finds that people in Philadelphia are still buying sugary drinks, but they're traveling outside city limits to stock up.

  • KAMPALA, Aug 22- Uganda's coffee exports jumped 59 percent last month from a year earlier after good weather conditions this year boosted the crop, the industry regulator said. Uganda is Africa's largest exporter of coffee, one of the country's key sources of foreign exchange. Some 427,204 60- kg bags were shipped during the month, up from 268,490 bags exported in...

  • MUMBAI, Aug 22- India's coffee output will likely fall to its weakest in eight years in 2017/ 18, with low rainfall hitting the development of crops and encouraging the spread of plant-consuming pests, said a senior official from one of the country's top industry bodies. Although it lags well behind top planters such as Brazil and Vietnam, tepid coffee production...

  • WhiskyInvestDirect CEO Rupert Patrick weighs in on investing in the beverage.

  • Millennials are no different to any other customer group, says 300 year old wine merchant

    How do you drag a 300 year old business into the 21st Century to appeal to new customers? James Wright went to Berry Bros. & Rudd to find out.

  • COPENHAGEN, Aug 16- Carlsberg beat first-half profit forecasts on Wednesday as drinkers opted for pricier beers, with the Danish brewer on track with cost cuts and balancing falling volumes and higher margins. The group's price mix, which indicates that the company sold more of its expensive beers, improved by 4 percent, driven by Asia and Eastern Europe in the...

  • SAO PAULO, Aug 15- JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world's No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, Chief Executive Officer Wesley Batista said JBS...

  • SAO PAULO, Aug 15- JBS SA said it will proceed with plans to list a U.S.-based unit when market conditions allow, as the world's biggest meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, Chief Executive Officer Wesley Batista...

  • CHICAGO, Aug 14- Target Corp said on Monday it has hired two former executives from Wal-Mart Inc and General Mills Inc to join its food and beverage business, as the retailer seeks to revamp its grocery aisles. Mark Kenny, former senior director of private brands, deli and bakery at Wal-Mart, has been appointed as Target's vice president of meat and fresh prepared...

  • LONDON, Aug 10- European shares dropped to their lowest level since late March on Thursday as cyclicals fell and some big stocks went ex-dividend, overshadowing a number of upbeat earnings reports. In London, the FTSE 100 lost 1.4 percent as large caps Anglo American, BT Group, Rio Tinto and Lloyds fell after going ex-dividend, while Germany's DAX retreated 1.2...

  • McBride sisters on getting into the wine market

    Andrea and Robin McBride of the McBride Sisters Collection discuss their path into the wine industry.