News
England to ban sale of high-caffeine energy drinks to under-16s from next year
3+ hour, 36+ min ago (171+ words) LONDON, July 16 (Reuters) – The British government said on Thursday it would ban the sale of high-caffeine energy drinks to under-16s in England beginning in April next year, saying the move would protect children’s health and wellbeing. The government said drinks…...
Brazil instant coffee sector exempt from new US tariffs, protecting up to $2.5 billion in exports
7+ hour, 29+ min ago (177+ words) SAO PAULO, July 16 (Reuters) – Brazil’s instant coffee is exempt from a new 25% U.S. tariff on Brazilian imports, a move eagerly awaited by the industry, which had previously been the only segment of Brazil’s coffee sector subject to the U....
Nestle could lower coffee prices as bean costs fall
2+ week, 2+ day ago (250+ words) VEVEY, Switzerland, June 30 (Reuters) – Nestle will take falling coffee bean costs into account when setting retail prices, a senior executive told Reuters on Tuesday, a potential boost to consumers seeking their caffeine fix that had become increasingly pricey in recent…...
DOJ probes coffee shop chain in New York after it bars pro-Israel US lawmaker
3+ week, 2+ day ago (298+ words) “The Civil Rights Division has opened an investigation and will bring an enforcement action if warranted,” Assistant Attorney General Harmeet Dhillon said on X. “Federal law prohibits public accommodations such as coffee shops from discriminating against patrons based on their…...
Robusta crop in Brazil’s Espirito Santo state expected to dip, Cooabriel says
2+ mon, 3+ day ago (367+ words) Brasilia, May 13 (Reuters) – Brazil’s robusta coffee harvest is just starting in the state of Espirito Santo, where cooperative Cooabriel expects crop output slightly below the previous season but with better quality, said Luiz Carlos Bastianello, the cooperative’s president. Cooabriel is…...
Starbucks customers are coming back. Profits haven’t caught up yet
2+ mon, 2+ week ago (522+ words) NEW YORK, April 29 (Reuters) – Starbucks posted its strongest quarterly sales growth in two and a half years on Tuesday, but as costs rise faster under CEO Brian Niccol’s turnaround strategy, questions remain as to how quickly profit margins can recover....
Coffee companies launch satellite-based program to track deforestation
2+ mon, 3+ week ago (288+ words) NEW YORK, April 22 (Reuters) – Several coffee companies and coffee traders are launching a new system to track deforestation related to coffee cultivation around the world, JDE Peet’s, one of the participating companies, said in a statement on Wednesday. The Coffee…...
Fifth of arabica coffee growing area to be unsuitable by 2050, report says
3+ mon, 2+ week ago (331+ words) SAO PAULO, March 30 (Reuters) – Climate change could result in 20% of current arabica coffee growing areas being classified as unsuitable by 2050, Rabobank forecast in a report on Monday. Currently, 8% of arabica-growing areas — found in countries including Brazil, Colombia and Honduras among…...
Brazil farmer aims to fetch near $20,000 per bag of rare eugenioides coffee
3+ mon, 3+ week ago (350+ words) SAO PAULO, March 24 (Reuters) – A fourth-generation coffee farmer said he is ramping up sales from the only Brazilian plantation of rare eugenioides coffee, aiming to fetch as much as 50 times the price of the arabica beans found in most gourmet…...
No-booze beer and houmous: healthy habits reshape UK inflation basket
4+ mon, 11+ hour ago (224+ words) LONDON, March 16 (Reuters) – Prices of alcohol-free beer and houmous will go into calculations of British inflation as shoppers prioritise healthier habits, the Office for National Statistics said on Monday. The consumer prices index is based on the cost of more…...