Non-Alcoholic Beverage Manufacturing
Mar 21, 2013 13:18 EDT
US soft drinks giant Coca-Cola will cut 750 jobs in the United States as part of a restructuring of its North America operations, a company spokesman said Thursday.
Mar 13, 2013 07:45 EDT
US soft drinks giant Coca-Cola is "cooperating fully" with Chinese authorities on allegations that it illegally mapped part of a southwestern province as part of its distribution operations, it said Wednesday.
Jan 23, 2013 06:33 EST
The price of a cup of tea could rise after the world's biggest producers agreed to join forces to boost profits, a Sri Lankan minister announced Wednesday.
Jan 14, 2013 13:14 EST
Facing new regulations that target high-calorie soda drinks, US soft-drink giant Coca-Cola will unveil a pair of television ads this week that acknowledge the calories in its products and encourage consumers to burn them off.
Jan 03, 2013 12:27 EST
Starbucks said Thursday it would open its first store in Vietnam next month, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia.
Dec 14, 2012 02:31 EST
Coca-Cola FEMSA of Mexico is to take control of the US soft drink firm's bottling operations in the Philippines in a $688.5 million cash deal, the buyer announced on its website Friday.
Dec 11, 2012 01:26 EST
Japanese food company Ito En on Tuesday issued a huge recall of Chinese-grown tea after some of it was found to contain illegal levels of pesticide residue.
Dec 06, 2012 08:48 EST
US-based coffee giant Starbucks said Thursday that it will pay around £10 million in corporation tax in Britain in each of the next two years after lawmakers roasted the company for avoiding taxes.
Nov 14, 2012 08:03 EST
Soft drinks group Britvic said Wednesday it had agreed to a merger with rival A.G. Barr to form a new company with annual sales of more than £1.5 billion.
Nov 12, 2012 14:26 EST
British lawmakers grilled global coffee giant Starbucks over its tax policies on Monday, arguing that claims that its British division was unprofitable "just doesn't ring true".
Oct 16, 2012 15:56 EDT
Coca-Cola's sales continued to rise steadily in the third quarter despite slower global economic growth, but sales growth eased in key market China, the company said Tuesday in an earnings report.
Oct 12, 2012 20:00 EDT
PepsiCo will go purple on Spirit Day to support efforts to combat the bullying of LGBT teens. PepsiCo will go purple on Spirit Day to support efforts to combat the bullying of LGBT teens. The beverage giant joins a growing list of companies, schools, media and celebrities expected to participate in Friday's show of support. ?I am personally proud to be an ally and PepsiCo is proud to be an ally,? Indra Nooyi, chairman and chief executive officer of PepsiCo, said in a statement given to GLAAD. ?As a global food and beverage company, we need a team that reflects the diversity of our consumers. And that starts with creating a workplace where everyone feels welcome, including our gay, lesbian, bisexual and transgender employees, suppliers, trade customers and partners. Creating a culture of respect and trust is part of PepsiCo's values and it's the source of our strength in the marketplace. That's why we'll need the unique talent and insights of today's students and young people to lead ou
Oct 11, 2012 15:33 EDT
Coca-Cola's second biggest bottler worldwide said on Thursday it was moving its headquarters from Greece to Switzerland and looking to establish a listing on the London stock exchange.
Oct 11, 2012 07:03 EDT
Coca-Cola's main European subsidiary that is based in Athens on Thursday announced a voluntary share exchange to establish a listing on the London stock exchange and a potential inclusion on the FTSE 100.
Sep 28, 2012 20:00 EDT
A PepsiCo Russian subsidiary is being accused of promoting homosexuality to minors. ?A PepsiCo Russian subsidiary is being accused of promoting homosexuality to minors. Anti-gay activists object to food and beverage giant Wimm-Bill-Dann's Jolly Milkman (which also translates to gay, but is not a reference to homosexuality) marketing, which includes a colorful rainbow. According to The Moscow Times, the St. Petersburg chapter of the group People's Council (Narodny Sobor) has filed a complaint with city officials. They accuse Wimm-Bill-Dann of violating a local ordinance which prohibits the ?promotion of homosexuality to minors.? ?It [the rainbow] is the international symbol of the homosexual movement,? Anatoly Artyukh, head of the group, told Interfax on Friday. ?I consider it to be blatant propaganda of vice.? Wimm-Bill-Dann is Russia's largest food and beverage company. It was purchased by PepsiCo in 2010 for $3.8 million. Reuters reported that the group is also planning protests agai
Sep 10, 2012 13:15 EDT
Coca-Cola has put its stamp of approval on Myanmar's reforms with the first official delivery of the popular soft drink in the country in more than 60 years, the company announced Monday.
Sep 06, 2012 20:00 EDT
Tony Perkins has claimed that Starbucks' support for gay marriage has led to billions in losses. Tony Perkins, president of the Christian conservative Family Research Council (FRC), has claimed that Starbucks' support for gay marriage has led to billions in losses. In a radio bulletin, Perkins gave the National Organization for Marriage's (NOM) ?Dump Starbucks? boycott campaign credit for the coffee giant's recent financial woes. ?It didn't take long for Starbucks to lose bucks over marriage,? Perkins says in the bulletin. ?In January, Starbucks CEO Howard Schultz said endorsing same-sex marriage would be good for business. Boy was he wrong! Siding with radical homosexuals has its price in this country. And in Starbucks' case, the cost is about ten billion dollars. That's how much the coffee giant lost in stock value since the campaign to 'Dump Starbucks' got underway. In the last eight months, the company's missed sales projections and watched stocks dive from $61 to $48, for a loss o
Sep 05, 2012 10:27 EDT
British soft drinks group Britvic on Wednesday said it was in talks with rival A.G. Barr about a possible £1.4-billion merger.
Sep 02, 2012 17:58 EDT
Coca-Cola has been available at private markets in North Korea for more than a decade even if the US soft drink maker has not opened business in the communist state, defectors from the North said Saturday.
Aug 09, 2012 15:15 EDT
US soft drinks giant PepsiCo said Thursday it had reached a deal with distributor Diamond Star to sell some of its brands in Myanmar, as international firms race to invest in the former pariah state.