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Food and Beverage Beverages

  • OSLO, Jan 24- Budweiser said it has switched all its U.S. brewing to renewable electricity and is adding a clean energy logo to its labels as part of a global shift to green power by its parent Anheuser-Busch InBev. AB InBev, the world's biggest brewer, is one of more than 100 multinational firms to have committed to use renewable power to combat pollution and climate...

  • Jan 22- Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the Mexican spirit. The deal comes days after Pernod Ricard bought out Avion Tequila and months after Diageo bought George Clooney's Casamigos tequila for up to $1 billion.

  • *Comes months after deal for George Clooney's brand. Jan 22- Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the Mexican spirit. The deal comes five months after Diageo bought George Clooney's Casamigos tequila for up to $1 billion.

  • *Qatar National Bank pulls down Doha. *Egypt's Orascom Development rises on share split plan. DUBAI, Jan 21- Most Middle Eastern stock markets fell on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi.

  • DUBAI, Jan 21- Gulf stock markets mostly edged down on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi. Dairy company Almarai dropped 1.9 percent after reporting fourth-quarter net profit of 513 million riyals, down from 536 million riyals a year ago and below...

  • Pallets of Coke-Cola cans wait to the filled at a Coco-Cola bottling plant on February 10, 2017 in Salt Lake City, Utah.

    Coca-Cola wants to help collect and recycle a bottle or can for every one that it sells by 2030, the company said Friday.

  • PARIS— French authorities are searching five sites run by dairy giant Lactalis in an investigation into the botched mass recall of baby milk products after a salmonella scare. The Paris prosecutor's office said sites being searched Wednesday include Lactalis headquarters in Laval in western France and the factory in Craon, where salmonella bacteria was...

  • NEW YORK, Jan 16- Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week. Amplify Investments LLC and Reality Shares Inc are each launching exchange-traded funds that invest in companies betting on blockchain, the decentralized technology bitcoin uses to keep a running record of transactions.

  • Cold brew coffee isn't a fad, it's a big part of Starbucks future

    Starbucks partnered with Joyride to bring draft cold brew to its foodservice accounts at hospitals, bookstores, universities and offices.

  • NEW YORK— Swiss food and drink giant Nestle is selling its U.S. candy business to Italy's Ferrero for about $2.9 billion in cash. Other Nestle brands include Purina, Gerber and Stouffer's. Nestle, based in Switzerland, says its U.S. candy business accounts for about 3 percent of its U.S. division's sales.

  • *International victims could file complaint in France. Quentin Guillemain also reiterated that hundreds of families were suing French dairy giant Lactalis over the scandal, which threatens to damage the reputation of France's strategic agri-business industry in overseas markets. Three dozen infants in France and two others overseas have fallen ill...

  • In an interview with French weekly Le Journal du Dimanche, the president of Lactalis, Emmanuel Besnier, said that more than 12 million boxes of infant milk products are now concerned. They represent all lots from the Lactalis factory in Craon, northwest France, where the salmonella bacteria was discovered in December. The paper said 35 babies were diagnosed with...

  • But convoluted and restrictive licensing demands, substantial finance requirements and a guarded medical profession means even Australia's largest marijuana companies are at least a year away from a commercial crop. "There will be more cannabis used in Australia and overseas over the next 10, 20 and 50 years but it is not clear that any of the local market can...

  • PARIS— French President Emmanuel Macron's government is scrambling to save face after the alarming failure of a mass recall of baby milk prompted by a salmonella scare. Finance Minister Bruno Le Maire summoned the head of French dairy giant Lactalis for a meeting Friday, but acknowledged on BFM television that he couldn't guarantee that recalled milk isn't...

  • *Health scare awkward as France eyes food trade with China. PARIS, Jan 11- France, seeking to limit reputational damage to its agri-business industry, threatened on Thursday to impose sanctions after the country's big supermarkets said recalled baby foods made by Lactalis had still found their way onto shop shelves. The admissions by Carrefour, Leclerc, Auchan...

  • PARIS— French President Emmanuel Macron deflected blame Thursday in the latest chapter of a dairy scandal that has embarrassed the French government, major supermarkets and a dairy giant. Speaking from a press conference in Rome, Macron hit out at dairy giant Lactalis after major supermarkets acknowledged this week that millions of baby food products...

  • *Health scare risks hurting Lactalis image in China. PARIS, Jan 11- France's biggest supermarket chains said they sold some Lactalis baby food products after a recall by the dairy giant over concerns they could be contaminated with salmonella. Salmonella infections can be life-threatening, particularly for young children, and the recall risks damaging...

  • PARIS, Jan 11- France's biggest supermarket chains said they sold some Lactalis baby food products after a recall by the dairy giant over concerns they could be contaminated with salmonella. The product recall affected goods destined for French and overseas markets carrying the Picot, Milumel and Taranis brands and France's consumer protection agency...

  • The new fruity flavors will arrive on shelves later this month, USA Today reports.

  • SAN FRANCISCO, Jan 9- Shares of Eastman Kodak Co more than doubled on Tuesday after the one-time leader in photography became the latest company to jump on the cryptocurrency bandwagon. The stock was last up 92 percent at $5.95 in midafternoon trading on the New York Stock Exchange, off an earlier high at $6.65. "This is getting ridiculous," said Dennis Dick, a...