Coffee

Coffee Jump Prompts Vietnam Growers to Hoard Most in Five Years

Coffee growers in Vietnam are storing the most beans in at least five years as they bet the biggest surge in prices in 16 months has further to run. Farme...

Mondelez And Master Blenders Complete Coffee Merger

Mondelez International and D.E Master Blenders 1753 have completed the transactions to merge their respective coffee businesses. This has resulted in th...

Starbucks Launches Ready to Drink Coffee in Portugal

Starbucks Coffee Company has launched in Portugal its range of ready-to-drink coffee, Starbucks Discoveries. The range will be sold in supermarkets and...

Rains Nourishing Coffee in Vietnam Buck El Nino Forecasts

Rains in Vietnam’s coffee areas are improving conditions after dry weather and helping farmers apply the first round of fertiliser. The wet season s...

Starbucks to Close 23 La Boulange Cafes by End of September

Starbucks will close all 23 of its La Boulange bakery cafes by the end of September, even as the company keeps using the brand to sell food at its coffee s...

Pernod Ricard’s Absolut Sues Over Counterfeit Kahlua Product

Pernod Ricard’s Absolut unit sued a liquor distributor specialising in kosher products for trademark infringement. In the suit in federal court in B...

Coffee Farmers in Vietnam Hoarding Most Robust Since 2010

Farmers in Vietnam are holding the biggest unsold coffee inventory in at least five years – months before they’re forecast to harvest a bu...

Diageo Shares Surge On Report Of Possible Takeover By 3G Capital

Diageo Plc, the maker of Guinness stout and Johnnie Walker whisky, surged in early London trading on a report that Brazilian billionaire Jorge Paulo Lemann...