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February 27, 2021

Food & Drink

Taco Bell looks to enter crowding chicken sandwich space

Reuters
FILE PHOTO: Taco Bell shop is seen during the opening ceremony of a Taco Bell restaurant in Bangkok, Thailand January 22, 2019. Picture taken January 22, 2019. REUTERS/Soe Zeya Tun (Reuters) – Taco Bell, a unit of Yum Brands Inc, said on Monday it would launch its own version of......

UK could declare Brexit ‘water wars’: The Telegraph

Reuters
FILE PHOTO: A view shows the Cherbourg Harbour, France, January 21, 2021. REUTERS/Gonzalo Fuentes/File Photo (Reuters) – Britain could restrict imports of European mineral water and several food products under retaliatory measures being considered by ministers over Brussels’ refusal to end its blockade on British shellfish, the Telegraph reported. Senior......

Packaged food giants push direct online sales to gauge consumer tastes

Reuters
By Siddharth Cavale, Nivedita Balu (Reuters) – Packaged food giants including Kraft Heinz, General Mills and Kellogg are pushing sales of their products to consumers directly via their own online channels, in a quest to gather more data about shoppers’ purchasing habits. FILE PHOTO: Tins of Heinz Baked Beans rest......

Glencore reinstates dividend as 2020 net debt drops

Reuters
JOHANNESBURG, Feb 16 (Reuters) – Glencore on Tuesday reinstated its dividend after net debt fell by 10% in its full-year 2020, helped by surging commodity prices in the second half The commodities trader and miner which scrapped its dividend in August last year after a first-half loss amid the COVID-19......

Coca-Cola quarterly revenue falls 5% on new pandemic restrictions

Reuters
FILE PHOTO: Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – Coca-Cola Co reported a 5% fall in quarterly revenue on Wednesday, as fresh pandemic curbs closed the doors of the soda maker’s biggest sales drivers,......

Impossible Foods cuts faux meat prices by 20% at grocery stores

Reuters
FILE PHOTO: A banh mi sandwich made with a plant-based Impossible Pork patty at the Impossible Foods headquarters in Silicon Valley, in San Francisco, California, U.S., December 19, 2019. REUTERS/Richa Naidu/File Photo (Reuters) – Impossible Foods said on Tuesday it would cut the prices of its faux meat patties by......

Analysis – Less for more in Turkey: costly food starves economic rebound

Reuters
By Ezgi Erkoyun, Jonathan Spicer ISTANBUL (Reuters) – Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Women shop at a local market in Istanbul, Turkey......

Chipotle to hire 15,000 workers in the United States

Reuters
FILE PHOTO: The logo of Chipotle Mexican Grill is seen at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018. REUTERS/Shannon Stapleton (Reuters) – Chipotle Mexican Grill Inc said on Monday it would hire 15,000 workers in the United States, as the fast-casual burrito chain benefits from......

PM Johnson says: the state will need to lead – Telegraph

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson arrives to a news conference announcing tightening of COVID-19 tiers, at Downing Street in London, Britain December 30, 2020. Heathcliff O’Malley/Pool via REUTERS LONDON (Reuters) – British Prime Minister Boris Johnson said on Thursday that in the post-COVID-19 future the state would need......

Britain to restrict promotion of unhealthy food from April 2022

Reuters
FILE PHOTO: Chips are seen at Hawksmoor, Seven Dials on the opening day of “Eat Out to Help Out” scheme, amid the coronavirus disease (COVID-19) pandemic, in London, Britain August 3, 2020. Picture taken August 3, 2020. REUTERS/Dylan Martinez LONDON (Reuters) – Britain will ban “buy one get one free”......

Cargill to reopen Canadian beef plant after coronavirus outbreak

Reuters
FILE PHOTO: A Cargill logo is pictured in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse/File Photo (Reuters) – Cargill Inc plans to begin reopening its Guelph, Ontario beef processing plant next week on Tuesday, days after it closed the facility due to an outbreak of COVID-19 infections among workers, the......

Britain to begin testing truck drivers to reopen France border

Reuters
FILE PHOTO: A Hungarian truck driver adjusts a satellite dish for viewing television on the front of his lorry whilst he waits at Ashford International Truck Stop, as EU countries impose a travel ban from the UK following the coronavirus disease (COVID-19) outbreak, in Ashford, Britain, December 21, 2020. REUTERS/Toby......

Britain’s fishing proposals unacceptable for France, minister says

Reuters
FILE PHOTO: France’s Europe minister, Clement Beaune, wearing a protective face mask, leaves following a weekly Cabinet meeting at the Elysee Palace in Paris, France, July 29, 2020. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Major hurdles remain over fishing in the Brexit talks and Britain’s proposals are so far unacceptable......

Upper Crust owner SSP expects Q1 sales to slump due to virus resurgence

Reuters
FILE PHOTO: A view shows an Upper Crust at Victoria Station in London, Britain July 1, 2020. REUTERS/Hannah Mckay/File Photo (Reuters) -SSP Group, the owner of the Upper Crust and Caffe Ritazza snack chains, said on Thursday it expects first-quarter sales to sink 80% due to rising COVID-19 cases in......

Britain to fast track some perishable goods at ports from Jan. 1 – BBC

Reuters
FILE PHOTO: Lorries queue to board a ferry at the port in Dover, Britain December 11, 2020. REUTERS/Peter Cziborra LONDON (Reuters) – Britain will fast track the movement of some perishable goods when its Brexit transition period with the European Union ends on Dec. 31 as part of efforts to......

British PM Johnson says Brexit is ‘very tricky’, ‘very difficult’

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson speaks during a news conference on the ongoing situation with the coronavirus disease (COVID-19), at Downing Street in London, Britain December 2, 2020. REUTERS/John Sibley/Pool LONDON (Reuters) – British Prime Minister Boris Johnson said on Tuesday that Brexit talks were “very tricky” and......

Mario Lopez to play KFC’s Colonel Sanders in Lifetime romance movie

Reuters
FILE PHOTO: Mario Lopez poses on the red carpet during the Oscars arrivals at the 92nd Academy Awards in Hollywood, Los Angeles, California, U.S., February 9, 2020. REUTERS/Eric Gaillard LOS ANGELES (Reuters) – Mario Lopez will play KFC’s longtime mascot Colonel Sanders in a steamy Lifetime channel holiday romance, the......

UK says prepared to leave EU without a trade deal

Reuters
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Britain is prepared to leave the European Union’s orbit without a trade deal with talks at a critical moment, British minister Penny Mordaunt told parliament on Monday. Mordaunt said......

Australia upgrades forecast for agricultural exports despite China tensions

Reuters
SYDNEY (Reuters) – Australia upgraded its forecast for agricultural exports for the 2020/21 season as heavy rains boosted production, even as mounting trade tensions with China have hurt demand for several commodities this year. FILE PHOTO: A wheat field is seen ahead of annual harvest near Moree, Australia, Oct. 27,......

Breakingviews – DoorDash delivers mixed messages for Just Eat

Reuters
Signage for Just Eat is seen on the window of a restaurant in London, Britain, August 5, 2019. REUTERS/Toby Melville. LONDON (Reuters Breakingviews) – Jitse Groen’s reaction to DoorDash’s initial public offering may depend on whether he’s a glass half-full or half-empty kind of person. In one way, the valuation......

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