Tea

India's Tea Output Drops In 2020, Lifts Prices To A Record High

Indian tea production in 2020 fell 9.7% from a year ago due to heavy flooding and coronavirus movement restrictions, lifting average prices by nearly a thi...

Unilever Tea Business 'Highly Likely' To Be Split Off Via Listing

Unilever is 'highly likely' to separately list its tea business on a stock exchange, but does not rule out an outright sale, the group's chief executive ha...

Hot Profits – How The Tea & Coffee Sectors Are Navigating COVID-19

The Tea and Coffee sectors have, like many others, been impacted by the coronavirus pandemic, although with consumers still needing their caffeine fix, pro...

Unilever Sales Fall Less Than Expected, Group To Adjust Tea Operations

Second-quarter sales at Unilever fell much less than expected, as a strong performance in North America helped to offset the hit from coronavirus lockdowns...

Indian Tea Prices Jump To Record As Floods, COVID-19 Slash Output

Tea prices in the world's second-biggest producer India have jumped to a record after intense floods and coronavirus movement restrictions trimmed output i...

Coronavirus Brews Trouble For Tea, Disrupts Supply As Demand Spikes

The COVID-19 outbreak is causing a rare stir in the usually staid global tea market, with labour lockdowns stifling supplies just as millions in lockdown d...

Coca-Cola Sees Q4 Revenues Up, Targets 5% Growth In 2020

The Coca-Cola Company has reported better-than-expected quarterly sales driven by demand for its sparkling soft drinks, teas and coffees in North America a...

Unilever Rejects Suggestions It Is To Sell Tea Brands

Unilever has rejected claims made by the Sunday Telegraph newspaper at the weekend, which suggested it was seeking to offload its PG Tips and Lipton brands...