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Earlier this year, Sazaby approached Starbucks about offering its proprietorship stake in Starbucks Japan, Starbucks said in an announcement.

To the Last Drop: Starbucks to Buy Out its Partners in Japan for $913.5Mn

Starbucks Corp on Tuesday unveiled plans to take full ownership of the remaining 60.5 percent stake of Starbucks Coffee Japan Ltd valued at about $913.5 million, in a move to further expand into its second largest market on the planet. “The acquisition positions Starbucks to accelerate growth across multiple channels in Japan, including the potential [...]

Mitsubishi Motors Corp. headquarters in Tokyo

A Deal Done: Mitsubishi Bids $1.4bn for Norwegian fish farmer Cermaq

Japanese conglomerate, Mitsubishi Corp., proposed a $1.4 billion bid to buy Norwegian fishery Cermaq in a strategic move to expand its food business. The offer made is 14 percent more than Cermaq’s closing price on Sept. 19, with its headquarters to remain in Norway, Mitsubishi said in a statement today. Mitsubishi is following various Japanese [...]

Revel Casino Hotel, Atlantic City

Investor Offers to Buy Gambling Mecca’s Revel Casino for $90M

As the gambling Mecca – Atlantic City, continues to batter from the recent string of casino closures and bankruptcies, several investors have lined up to make a bid in hopes to restore the image of the city, including a Florida developer who has made a $90 million bid for one. Court papers recorded on Wednesday [...]

In 1984 he created the Winshape Foundation to help "shape winners" through youth support programs and scholarships.

S. Truett Cathy, Chick-fil-A founder Dies at 93

S. Truett Cathy, the founder of U.S. fast food chain Chick-fil-A that is not only notoriously famous for being closed on Sundays but also for the protests it drew on opposing same-sex marriage in recent years, died early Monday aged 93, the company said on its website. Chick-fil-A spokesperson Mark Baldwin told The Associated Press [...]

The financial particulars of the deal haven’t been disclosed yet, however, the agreement is pending regulatory approval and is expected to be finalized by the end of 2014.

Heineken to Sell Mexican Packaging Unit for $1.2 Bln Cash

Dutch Brewing Company, Heineken NV, which currently ranks as the third largest brewer in the world, revealed in an official announcement today that it has agreed to sell its packaging business in Mexico to Crown Holdings Inc. The financial particulars of the deal haven’t been disclosed yet, however, the agreement is pending regulatory approval and [...]

The American fast-food chain is now offering online “music experiences” i.e. music and entertainment offerings to consumers integrated along with its new online food-ordering app.

McDonalds Plots Global Digital Overhaul with Online Music and Entertainment

McDonalds is set to launch a new digital manifesto in a bid to expand its digital presence, modernize the brand and drive customers. The American fast-food chain is now offering online “music experiences” i.e. music and entertainment offerings to consumers integrated along with its new online food-ordering app. According to reports, McDonalds is developing a [...]

A takeover of Tim Hortons would help the coffee and doughnut chain to leverage on Burger King’s know-how in global development and help boost its international growth.

Burger King Ditches American Citizenship over Canadian Coffee-and-Doughnuts

Burger King Worldwide Inc is negotiating to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., in a tax-inversion deal that would move the Miami-based hamburger seller’s domicile to Canada. The deal would create world’s third largest QSR provider with a market capitalization of roughly $18 billion (Tim Hortons has a market capitalization of $8.4 billion; Burger [...]

Brunei's offer is a leading bid among a handful of potential tycoons interested in buying the properties

Sultan of Brunei makes $2B Bid for New York’s Plaza, London’s Grosvenor House

The Sultan of Brunei has made an offer for New York’s Plaza Hotel, Dream Hotel and London’s Grosvenor House hotel; it was accounted for last week, referring to individuals acquainted with the matter. According to the reports, a venture firm which has been affiliated with Brunei has offered to pay $2 billion for the three [...]

A.L.O doesn't acknowledge money as tips, rather, it requests tweets.

Silicon Valley Hotel Hires Robot Butler that accepts Tweets as Tips

An Aloft Hotel in Cupertino, Calif., confirmed an exceptional hire: SaviOne – a robotic butler! A.L.O. as the robot is known as, reported to his first day at work on Aug 20. The robotic butler is 3 feet tall, weighs roughly 45 kilograms. The robot has been given a sleek love, with a very simply [...]

Exports of consumable goods were worth to Russia were worth €12.2bn (£9.7bn) last year

Russia Bans Western Food Imports over Ukraine Crisis

Dmitry Medvedev, Russian prime minister announced in a legislature meeting on Thursday that it has prohibited fruit, vegetables, meat, fish, milk and dairy imports from the United States and the European Union, Australia, Canada and Norway. Medvedev said the boycott was effective immediately and will continue for a year, over the Ukrainian crisis, according to [...]

Daniel Rose at Spring

It’s Spring Time in Paris!

Daniel Rose, age 36, is the owner of Spring in Paris, a 40 seat modish French restaurant that mixes classic French cuisine with fresh and seasonal menu that is constantly reinvented.  Spring, is booked in advance and takes the impossibility of making reservations to a whole new level. What’s even more alluring is the journey [...]

law enforcement authorities have arrested affiliates of a criminal gang that is blamed for installation of data-swiping programs in PCs on various hotel hot work areas in the Dallas/Fort Worth region.

Secret Service Warns of Infected PCs at Hotels in USA

In a discreet advisory distributed by the US Secret Service, owners of various hotel businesses have been quietly cautioned of the on-going incidents of malware slingers that are progressively focusing on PCs in hotel business centers in order to gather sensitive information. In a secret, non-public advisory, which was issued last Thursday and publicized by [...]

Lindt seems, by all accounts, to be challenging the predominating pattern in the chocolate business, which has been to push upmarket.

‘Lindt: Acquired a taste for Russell Stover candies’

Swiss candymaker Lindt & Sprüngli AG is currently in negotiation phase to procure Russell Stover, the U.S. boxed-chocolate maker, a deal close to $1.5 billion, as indicated by individuals acquainted with the matter. Lindt was among numerous chocolate companies that placed bids for Russell Stover in recent months. Chocolate companies are currently seeking after deal [...]

Global demand for coffee is expected to reach 165 million bags in 2020. Sadly, the effects of environmental change are most likely to make meeting those demands difficult.

Climate Change May Cause Global Coffee Crisis by 2020

Regions suitable for coffee growing cultivating will decrease considerably by 2020 due to climate change effects in major coffee producing countries, a new report warns. The Coffee Barometer 2014, delivered by a group of environment and development associations including Oxfam-Novib, Hivos and WWF summarized it in a few words: “The situation is alarming”. Coffee harvest [...]

Nozzles emitting sugar (Bioplastic Fantastic by Johanna Schmeer )

Johanna Schmeer creates Synthetic Foods with Bioplastics that could feed world’s growing population

(Bioplastic Fantastic – Between Products and Organisms from Johanna on Vimeo.) A conceptual project by Royal College of Art graduate Johanna Schmeer builds on developments in the field of nanotechnology to create synthetic foods to meeting the world’s burgeoning population food demands. For the ‘Bioplastic Fantastic’ task, Johanna Schmeer has envisioned how different products produced [...]

Juicy Juice is amongst several other brands that Nestlé sold off in past one year, including PowerBar a sports-nutrition brand and a major portion of Jenny Craig diet business.

Here’s Why Nestlé Sold Juicy Juice to Brynwood Partners

Nestlé SA has sold its Juicy Juice brand to buyout firm Brynwood Partners, in its latest bid to simplify its rambling U.S. business by flaking off languishing brands. Brynwood, of Greenwich, Conn., has a thing for snapping out-of-favor brands from multinational corporations and has long been a regular buyer of Nestlé’s desolated brands including Bit-O-Honey [...]

New Report Warns of UK Facing Shortage of Agricultural Land

UK could ‘run out of land’ by 2030 to meet population demands

The worrisome estimates arrive from a research report co-ordinated by the Cambridge Institute for Sustainability Leadership, titled ‘The Best Use of UK Agricultural Land’, published in a joint effort with Asda, Sainsbury’s, Nestlé, BOCM PAULS, AB Agri, Yara, BASF and Volac, as well as the English NFA and Country Land and Business Association. Cambridge Institute [...]

The US is the largest exporter of corn in the world. According to a recent study, climate change and unsustainable utilization of water resources and fertilizers possesses a threat to the total output of this industry.

ECORNOMICS: Corn Future Topples as US Weather Remains Soggy

U.S. produces nearly 40 percent of the world’s corn. Almost one-third of the farmland in the US is allotted to corn. The net return for growing corn last year was valued at nearly $70 billion. But now the excessive US moisture has metamorphosed as a canary in a coal mine disrupting edifice of agriculture, promoting [...]

Nestlé scientists aim to deliver vitamins and minerals to people worldwide using coffee pods

Nestlé is developing Nutri-Nespresso Coffee Pods that will eliminate food altogether

Nestlé’ SA is raking in millions serving tasty dollops of caffeine with its Nespresso coffee machines.  What comes as a jolt bigger than one you can get from caffeine is that, they may additionally serve up a custom mix of vitamins and minerals that will dispense with the need for food altogether. Nestlé’s researchers are [...]