Today: October 12, 2024
Today: October 12, 2024

Latest From Reuters

Business|Finance|Food

Kellanova raises 2024 forecasts on stable snacks demand in North America

Kellanova raised its annual organic sales and profit forecasts on Thursday as consumers opted for its breakfast cereals and ready-to-eat snacks such as Pringles despite higher prices.

Kellanova raises 2024 forecasts on stable snacks demand in North America
Asia|Business|Food

Korean Air cuts hot cup noodles in economy as turbulence rises

Korean Air will stop serving instant cup noodles, a popular snack in Korea known as ramyeon that requires boiling water, on its long-haul flights, part of changes in response to

Korean Air cuts hot cup noodles in economy as turbulence rises
Business|Economy|Food

Food supplier Sysco beats quarterly profit estimates on easing costs

Packaged and fresh food supplier Sysco beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by easing cost pressures, even as it missed sales expectations.

Food supplier Sysco beats quarterly profit estimates on easing costs
Business|Finance|Food|Stock Markets|US

Frozen food supplier Lamb Weston provides dour annual forecasts on weak demand

Lamb Weston forecast its annual sales and profit below analysts' expectations on Wednesday, as higher prices of its frozen food products begin to hurt volumes, sending its shares plunging

Frozen food supplier Lamb Weston provides dour annual forecasts on weak demand
Asia|Business|Finance|Food|Technology

Grab buys Singaporean dining reservation platform Chope

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, has bought Singaporean dining reservation platform Chope for an undisclosed price, according to confirmation

Grab buys Singaporean dining reservation platform Chope
Business|Economy|Food|US

McDonald's extends $5 meal deal at most US outlets into August

Burger chain McDonald's $5 value meal offer will be extended to August at most U.S. locations after about 93% of its restaurants voted in favor of the plan, according to a memo seen by

McDonald's extends $5 meal deal at most US outlets into August
Europe|Food|Travel

Olympics-France flaunts its baguettes with scratch-and-sniff stamps

Visiting Paris for the Olympics and want to share the enticing aroma of a fresh baguette? A scratch-and-sniff stamp on your postcard could be the answer.

Olympics-France flaunts its baguettes with scratch-and-sniff stamps
Business|Economy|Europe|Food

Champagne makers call for reduced grape harvest after 15% drop in sales

France's champagne producers on Friday called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in the first half of the year as

Champagne makers call for reduced grape harvest after 15% drop in sales
Asia|Food|Health|World

African swine fever outbreaks spreading in Vietnam, government says

African swine fever outbreaks are spreading in Vietnam and could affect its food supplies and put upward pressure on inflation, according to a government document.

African swine fever outbreaks spreading in Vietnam, government says
Business|Finance|Food|Stock Markets

Barry Callebaut slides as high cocoa prices trigger more debt

Barry Callebaut shares fell on Thursday after the Swiss chocolate maker said quarterly sales volumes declined and cocoa prices had boosted its

Barry Callebaut slides as high cocoa prices trigger more debt
Business|Food

Spirits set to overtake wine as global drinking habits change

More cases of spirits such as vodka and whisky than of wine are set to be sold globally, a report from the World Spirits Alliance predicted on Wednesday, as drinking preferences

Spirits set to overtake wine as global drinking habits change
Asia|Economy|Food|News

Philippines wants to boost rice cooperation with Vietnam to ensure food security

The Philippines wants to boost cooperation on rice with Vietnam to ensure its food security, Philippine Agriculture Secretary Francisco Tiu Laurel said during a visit to Vietnam over

Philippines wants to boost rice cooperation with Vietnam to ensure food security
Americas|Economy|Food

Argentines' beef consumption seen at record low in 2024

Beef-loving Argentines are cutting back on their steaks as the country's economy slumps, meaning cattle consumption will likely hit a record low this year, a market report

Argentines' beef consumption seen at record low in 2024
Economy|Food|News|World

World food prices hold firm in June, UN's FAO reports

The United Nations world food price index held steady in June data showed on Friday, with increases in vegetable oil, sugar and dairy products offset by a fall in the price of cereals.

World food prices hold firm in June, UN's FAO reports
Food|Health|US

Tyson recalls 30,000 pounds of chicken dinosaur-shaped 'Fun Nuggets'

U.S. food company Tyson Foods has said it was voluntarily recalling approximately 30,000 pounds of frozen, fully cooked dinosaur-shaped chicken “Fun Nuggets.”

Tyson recalls 30,000 pounds of chicken dinosaur-shaped 'Fun Nuggets'
Business|Finance|Food

French caterer Sodexo lags Q3 sales expectations on China slowdown

French food caterer Sodexo reported slower quarterly sales growth on Tuesday, missing market forecasts, citing a slowdown in China and a change in how it recognises revenues from a large

French caterer Sodexo lags Q3 sales expectations on China slowdown
Food|News|World

Food bound for Gaza rots in the sun as Egypt's Rafah crossing stays shut

Some of the food supplies waiting to enter the Gaza Strip from Egypt have begun to rot as the Rafah border crossing remains shut to aid deliveries for a third week and

Food bound for Gaza rots in the sun as Egypt's Rafah crossing stays shut
Business|Economy|Finance|Food

Nestle sees stable sales growth from Q2, CEO tells paper

Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss

Nestle sees stable sales growth from Q2, CEO tells paper
Europe|Food|News

Italy's 2023 farm output hit by climate change, statistics bureau says

Italian agricultural production shrank last year as wine, fruit and olive oil output all took a hit from extreme weather events linked to climate change, national statistics bureau ISTAT

Italy's 2023 farm output hit by climate change, statistics bureau says
Americas|Economy|Food|Health|US

US restarting avocado, mango checks in Mexico after week-long pause

U.S. health safety inspectors are gradually restarting inspections of avocados and mangos in Mexico needed to export the farm commodities to the United States, the U.S.

US restarting avocado, mango checks in Mexico after week-long pause
Business|Economy|Food|US

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers

McDonald's will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers
Business|Europe|Food|Technology

Just Eat Takeaway teams up with Amazon in Germany, Austria, Spain

Europe's biggest food delivery firm Just Eat Takeaway said on Wednesday it has struck a deal to offer Amazon Prime members in Germany, Austria and Spain free delivery of food orders above

Just Eat Takeaway teams up with Amazon in Germany, Austria, Spain
Business|Food|US

Starbucks partners with food delivery platform Grubhub

Starbucks will partner with Grubhub to deliver coffees and other customized beverages in select U.S. markets starting this month, in its latest attempt to widen its reach as inflation-hit

Starbucks partners with food delivery platform Grubhub
Americas|Business|Food

Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil

Brazilian restaurant chain operator Zamp has agreed to buy the rights to operate the Starbucks brand and some stores in the South American country, it said on Thursday, sending

Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil
Business|Finance|Food

Hormel Foods quarterly sales miss estimates as retail business lags

Hormel Foods missed market expectations for second-quarter sales on Thursday as the Wholly dips maker grapples with weakness in its mainstay retail business, offsetting steady demand for

Hormel Foods quarterly sales miss estimates as retail business lags

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