Johnnie Walker-maker Diageo beats first-half sales estimates
"The most expensive products grew double digit in every region of the world," Chief Executive Ivan Menezes told CNBC. Source
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Food and drink
Abbott Laboratories reportedly faces U.S. criminal probe over baby formula shortage
Abbott Labs' Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal
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Food fraud secretly infiltrates kitchens across America — here’s how to avoid it
Food fraud costs the global food industry $40 billion per year, misleading consumers while posing potential public health risks, according
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China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
For the year ahead, Bain Partner Derek Deng said China's consumer spending likely wouldn't even return to 2021 levels due
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Non-alcoholic beer to continue growing in 2023, Athletic Brewing Company CEO says
Non-alcoholic beer has quickly grown as bigger beer giants like AB InBev and Heineken launch new products as well as
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NBA star Jimmy Butler on his coffee love affair and ‘very, very hard’ second career
Miami Heat star Jimmy Butler turned a coffee-making hobby into retailer Bigface Brand. The NBA player is working very hard
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Tyson Foods stock slips to lowest levels since November 2020 in three-day losing streak
Investors are losing confidence in the company amid growing margin pressure and operational issues this year. Source link
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Starbucks workers plan 3-day walkout at 100 U.S. stores
Starbucks workers around the U.S. are planning a three-day strike starting Friday as part of their effort to unionize the
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UBS upgrades Hershey, says candy giant is poised to outperform in the near- and long-term
Hershey has had a strong 2022, and that momentum could be carried into the new year, according to UBS. Source
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