coffee
Arabica coffee futures have surged by 5%, reaching $2.44 per pound, as concerns over supply intensify following reports of mild frost in key coffee-producing regions of Brazil. Although the current frost is not immediately harmful to crops, it has heightened market caution, reflecting the potential impact on Brazil’s coffee output and the broader coffee industry. This development underscores the fragility of coffee production in the face of unpredictable weather patterns. Brazil contributes 40% of the global supplyArabica coffee, the preferred variety for futures contracts traded on the Interc...
Invezz
A number of health-related advocacy groups are calling for tighter regulations around energy drinks in Denmark. The Centre for Childhood Health is one such organisation, which is calling for a ban on the sale of energy drinks to minors under 18. "More and more countries are protecting children from energy drinks – we should too," said CEO Morten Grønbæk. "Children are under massive pressure from advertisements and influencers to drink these harmful sodas," he told Euronews Business. "Unfortunately, warnings and good intentions from the beverage industry have not been enough." Medical side-effe...
Euronews (English)
People know Starbucks as the place that sells coffee. Bit it comes as a surprise to many when they find out that the company is also a mini bank. Starbucks gift cards have given it a unique position among retailers. Being in demand and happily given as gifts to loved ones, these gift cards turned Starbucks into an unexpected financial powerhouse. According to the Q3 earnings of the company, it is now sitting on $1.77 billion worth of unredeemed gift cards. This figure is up 9% from the same period last year. More than just a cheaper way to borrowStarbucks isn’t the first company that uses is c...
Invezz
Nestlé said it expects sales growth of at least 3% for 2024, marking a downgrade from its previous projection of around 4%. It comes as the Swiss company is trying to win back customers after high prices due to inflation has resulted in customers opting for cheaper brands. The group said, however, that prices had come down faster than expected, prompting it to change its outlook. “Positive real internal growth is back. We delivered improved volume and mix growth across the Group in the second quarter. Nestlé Health Science is recovering as planned and is set for a strong second half. Looking a...
Euronews (English)
The global coffee market is experiencing unprecedented turbulence, driven by a confluence of factors including climate change, shipping disruptions, and new EU regulations. Italian coffee giant Lavazza has highlighted these issues, warning of significant price increases for consumers. London robusta futures, a global benchmark, have reached a record high, reflecting the mounting pressures on the coffee supply chain. Climate change and its impact on coffee productionClimate change has emerged as a critical factor affecting coffee production worldwide. The world’s main robusta coffee-growing cou...
Invezz
気候変動の影響を大きく受け、世界中で2050年には栽培に適した地域が半減することも懸念されるコーヒー...
サステナブル・ブランド ジャパン
A cup of coffee could soon become much more expensive due to new coffee production and deforestation rules, according to the chairman of Lavazza, Giuseppe Lavazza. The EU's recently implemented deforestation rules could mean that thousands of farmers' coffee bean exports to the EU could soon be rejected, due to them having been produced on land that was recently deforested. Although the EU's deforestation rules are seen to have good intentions, aimed at preserving forest quality and reducing the impact of deforestation on local communities, several industry leaders fear that they may have been...
Euronews (English)
It’s not news that sitting at a desk all day can be harmful to your health, increasing the risk of conditions like cardiovascular disease (CVD). But could drinking coffee offer a simple solution to compensate for these risks? Researchers from the Medical College of Soochow University in China conducted a study involving over 10,000 US participants who were followed over 10 years, publishing their findings in the peer-reviewed journal BMC Public Health. Scientists believe they've traced the beans in your morning coffee back 600,000 yearsUnsurprisingly, people sitting over eight hours per day sh...
Euronews (English)
California now leads the nation in imposing dumb wage laws. The state just raised the hourly minimum wage for fast food workers to $20. Gov. Gavin Newsom said, "We saw the inequities….We had a responsibility to do more." Unions pushed for the higher minimum, and in Democrat-run states, unions usually get what they want. CNN announced, "Half a million California fast food workers will now earn $20 per hour." Gullible leftists at the Center for American Progress claim, "A higher minimum wage would boost millions of families out of poverty and further stimulate the economy." Yippee! It's a happy ...
Reason
多くの人の日常に欠かせないものであるコーヒー。実は環境に大きな負荷をかけて栽培されているうえ、気候変...
サステナブル・ブランド ジャパン
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