Every now and then scientists come out with different research results or studies explaining us what is healthy for us, what is not, what we should or shouldn’t do. It is not so rare that it happens that one year something is a health booster and in few years it becomes almost like a poison.
That part of the year that often takes you back to your happy days of childhood is here. Suddenly many restaurants and coffee places start to smell like you’re grandma or mum’s kitchen around Christmas time. It is cinnamon time of the year; special offers of coffees, cakes, sweets and all kinds of beverages just for holiday’s season, often including cinnamon which is inevitable when it comes to special Christmas offers.
How often do you reach for herbal supplements during day, week, month, year..? While considering it as doing a favor to your health or immune system, turning it into a substitute for the healthy diet you still haven’t started with. Or when was the last time you didn’t feel comfortable with taking a generic drug, or just had no idea what it really meant? And when was the last time you felt like you have committed a crime after eating frozen pizza? Or is it just FDA having double standards when it comes to some things? Let’s start from the beginning.
The Centre for Environmental Health has said that PepsiCo Inc. (NYSE:PEP) has not removed a high levels of a carcinogen from its formula, despite the company’s assurances that it has removed the formula. CEH tested samples of Pepsi purchased from California and 10 other states and found a cancer causing chemical called 4- methylimidazole, or 4-Mel which forms during the caramel colouring process.
The potential disappearance of bees is rather shocking as we depend on them! Our survival depends on the survival of bees, and it is not an exaggeration! Fewer bees also threaten the existence of many industries.
While bird flu is spreading wider and wider in China, it has also affected US-based Yum Brands Inc.’s results as its same store sales in the world’s second economy slumped approximately 20 percent in the first quarter ended March 23. However, still the fast-food giant appears to have got off problems lightly as it underlined that the first quarter profit dropped less than initially expected.
While some empires are sinking into oblivion, some are just rising. After all, Joh. A. Benckiser GmbH would acquire D.E. Master Blenders NV, well-known European coffee company, for as much as €7.5 billion as the German company is laboriously building its coffee empire. Indeed, the acquisition of D.E. Master Blenders NV is aimed at building distinct importance of the German company in the coffee market.
Nestle SA decided to remove two beef pasta meals from sale in Spain and Italy after traces of horse DNA were found and then confirmed by reports. The company removed its beef products as they were found to be contaminated and unfit for consumption.
The confidence is back as several mergers have been announced. And what is more, the acquisition of Heinz was announced. Warren Buffett and Jorge Paulo Lemann decided to go into the ketchup business by acquiring H.J. Heinz Co. for over $23 billion. The acquisition of Heinz is believed to be the biggest takeover in the history of the food industry.
Manchester United Plc inked two sponsorship deals with China’s businesses, namely, China Construction Bank Corp. and Wahaha Group Co. As it has been underlined, both sponsorship deals are “territory specific” as 19-time English soccer champion Manchester United wants to benefit from its status in Asia.
On the 3rd of January, Starbucks Corp. informed that it would launch its first café in Vietnam in February 2013. The decision comes as the Seattle-based company is trying to expand its presence in the Asia-Pacific region.
New research, which was conducted by the Scotch Whisky Association, shows that Scotch whisky enters its “second golden era” as it generates over £4 billion per year. The undeniable position of Scotch whisky in the Scotland’s economy is mainly driven by overseas investment.
On the 7th of November, Monster Beverage Corp. posted its third quarter profit which missed analysts’ estimates. The company has increased its spending on promotion and advertisement since it started facing investigation into safety of its energy drinks. Shares of Monster Beverage Corp. dived in aftermarket trading.
Archer Daniels Midland (ADM), the U.S. agriculture giant, offered a $2.8 billion bid for GrainCorp. After GrainCorp confirmed the bid from ADM, the Australia’s grain handler’s shares grew as much as 40 percent, to $12.50. According to analysts, the ADM’s takeover bid will not be enough. The bidding war is expected to start.
Diageo Plc, the world’s biggest spirits group, reported a 5 percent growth in quarterly sales. As it was stated the Diageo Plc growth in sales was driven by demand for brands such as Smirnoff and Captain Morgan in tthe United States and emerging markets as well. The company admitted, however, that its sales were affected by tough economic conditions in Southern Europe and Ireland as well.
Danone SA informed on the 17th of October that its third-quarter revenue missed estimates as the group continues struggling in Southern Europe. Declines, which were noted in Spain and Greece, caused the weakest increase in sales of dairy products in three years. Danone SA, the world’s biggest yogurt maker, reported that it sales grew solidly in the third quarter because of its water business and strong growth in Asian market.
The Coca-Cola Co. and Sanofi SA decided to start a venture to launch a line of ‘beauty drinks’ in France. The 50-50 partnership aims at diversification of products and entering a new market for both the Coca-Cola Co. and Sanofi.
Starbucks Corp. will open its first store in India by the end of October in an upscale neighborhood of Mumbai. The company has also appointed Avani Saglani Davda a chief executive to head its India joint venture.The company will launch its first store in India through the partnership with Tata Global Beverages.
Starbucks Corp. has introduced its new single-serve brewer Verismo, which will be sold online this weekend for $199. The Starbucks Verismo is planned to be sold in the company’s cafés next month. The competitive prices of the Starbucks new coffee machine could be a threat to brewers from Green Mountain Coffee Roaster Inc. and Nestle SA, the dominant players in the single-serve coffee market valued at $8 billion.