Friday 26 July 2024
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  • La Cimbali
Market & Trade

Coffee futures prices recover from mid-week lows on weaker dollar and tight supply outlook

MILAN – Coffee futures prices recovered from mid-week lows in yesterday's session (Thursday 25th July). In New York, the Ice Arabica September contract gained over 1.5% (+355 points) to settle at 234.70 cents. In London, the main contract for September delivery gained $68 to close at $4,395. In Wednesday's session, coffee futures prices both in London and New York had hit two-week lows, weighed down by forecasts of another month of record exports from Brazil and a partial fall in domestic...
  • Franke Mytico
  • TME - Cialdy Evo
  • Franke Mytiko

Business & Finance

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TODAY NEWS
Latest

Coffee Machines

SharkNinja Introduces Ninja Luxe Café: The Only 3-in-1 Espresso, Drip Coffee and Cold Brew Maker

Desk3 -
NEEDHAM, Mass., USA – SharkNinja, Inc., a global product design and technology company, is set to shake-up the at-home espresso and coffee market as...
Espresso and coffee beverages

Leading spiked coffee brand, ALC-A-CHINO, enters 3-year partnership with Live Nation

Desk3 -
BASKING RIDGE, N.J., USA – Leading spiked coffee brand, ALC-A-CHINO, is pleased to announce their new three year partnership with Live Nation, the world's...
Uncategorized

3Legged coffee shop opens in Lindenhurst, IL

Desk3 -
LINDENHURST, IL, USA — Lindenhurst's newest craft coffee shop, 3Legged Coffee Brewery, is “set to revolutionize the local coffee scene with its unique blend...
Lifestyle

REVERB by Hard Rock Hamburg with Constant Grind coffee shop featured in TIME’s Annual List of the World’s Greatest Places

Desk3 -
HAMBURG, Germany – TIME reveals the annual list of the World's Greatest Places, which highlights 100 extraordinary destinations to visit and stay, including REVERB...
Franke Mytiko
Chocolate

Ghirardelli Chocolate Company announces Grand Opening of first-ever New York City Chocolate & Ice Cream Shop on ground floor of Empire State Building

Desk3 -
SAN LEANDRO, Calif., USA – In recognition of today's National Hot Fudge Sundae Day, the Ghirardelli Chocolate Company announced a grand opening of its...
Trade Shows

Lavender maple and oat milk latte and edible coffee cups among the trends emerging from the 2024 Summer Fancy Food Show

Desk3 -
NEW YORK, USA – The experts on the Specialty Food Association (SFA) Trendspotter Panel scouted the sold-out 68th Summer Fancy Food Show for products,...
Roasters

Nestlé reports 1H sales down by 4.4% to CHF45 billion, Nespresso sales stand at CHF3.1 billion (-1%)

Desk3 -
MILAN – In the first half of 2024, Nestlé reported sales down by 4.4% to CHF 45 billion, mainly due to foreign exchange and...
Legislation

Ferrero, Mars Wrigley, Nestle, and Tony’s Chocolonely support the enforcement of the European Union’s anti-deforestation law

Desk3 -
BRUSSELS, Belgium – Postponing enforcement of the European Union’s anti-deforestation law by two years could expose the EU to 300,769 hectares of deforestation. This...
Coffee Machines

Groupe Seb posts 1H sales of €3,740 million, up 6.5% LFL, with strong growth in the Professional business

Desk3 -
ECULLY, France — Groupe SEB reported on Wednesday 24th, 2024, its first-half 2024 sales and financial data. In the first half of 2024, Groupe...
coffee chains

Coffee Banhada launching the first unmanned robot drive-thru store, a new innovation in the coffee industry

Desk3 -
SEOUL, South Korea – Korean coffee brand, Coffee Banhada is revolutionizing the coffee market by operating the world's first unmanned robot drive-thru store. This...
coffee chains

The Coffee Bean & Tea Leaf introduces new beverages and expanded merchandise collection with tokidoki

Desk3 -
LOS ANGELES, USA – The Coffee Bean & Tea Leaf, a global specialty coffee & tea house, has announced the launch of its second...
Uncategorized

Yum China announces disclosure under Hong Kong Stock Exchange Rules in relation to a possible quarterly dividend

Desk3 -
SHANGHAI, China – Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules...
coffee chains

Dutch Bros to host second quarter 2024 conference call and webcast on August 7, 2024

Desk3 -
GRANTS PASS, Ore., USA – Dutch Bros Inc. (“Dutch Bros”) (NYSE: BROS), one of the fastest-growing brands in the quick service beverage industry in...
Companies

The Coca-Cola Company announces retirements of three directors

Desk3 -
ATLANTA, USA – The Coca-Cola Company announced today that three longtime board members – Barry Diller, Alexis Herman and Marc Bolland – are retiring...
Equipment

FoodCycler unveils new Eco 3 revolutionizing household food waste management

Desk3 -
TORONTO, Canada – Food Cycle Science, a global leader in food waste management and creator of the FoodCycler product line, proudly announces the launch...
Chocolate

Lindt & Sprüngli achieves robust growth in sales and profits in the first half

Desk3 -
KILCHBERG, Switzerland – The Lindt & Sprüngli Group had once again a successful first half of the year in 2024, increasing sales by +7.0%...
Interviews & Opinions

Matteo Borea, third generation of La  Genovese  roasting  company: “Here is  the  reason  why  paying more  for  coffee  is  not  enough”

Desk7 -
Matteo Borea, Barista Coach and third generation of La Genovese roasting company in Albenga (Savona), provides an in-depth and interesting analysis about the condition...
Coffee Machines

Philips’ Baristina arrives in the U.S., offering espresso at home in just one swipe

Desk3 -
BOSTON, USA – Earlier this month, Versuni announced its new Philips Baristina espresso machine, designed to create premium café-style espresso at home with a...
Sustainability

Melitta, Hanns R. Neumann Stiftung complete Project “Back to the Roots” in Brazil

Desk7 -
MINAS GERAIS, Brazil - Coffee production and processing generates significant volumes of organic waste with roughly 2.1 tons of husks per hectare alone. Enhancing...
Awards

Pachamama Coffee wins prestigious International Sustainable Food Award

Desk3 -
SACRAMENTO, Calif., USA – At the ceremony for the 2024 Sustainable Food Awards in Amsterdam, Netherlands, on July 4th, Pachamama Coffee received the great...

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Associations

World Coffee Research’s F1 hybrids transition to pre-commercial trials

MILAN - In 2022, World Coffee Research (WCR) announced the completion of its F1 hybrids phase 1 trials through which four finalist candidates were identified. These finalists were generated from...
Institutions

Taking resource efficiency and circular production in East Africa to the next level

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GENEVA, Switzerland – Professionals from environmental sustainability, energy and the coffee sectors attend Training of Trainers workshops in Kenya and Rwanda. Eric Matabaro from...
coffee chains

Costa Coffee enhances London experience with modern store refresh

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LONDON, UK – Costa Coffee has unveiled its refreshed New Oxford Street store in London, which re-opened last week. The uplifted store offers customers...
Dairy and alternatives

Nestlé’s breakthrough method to reduce fat in dairy ingredients

Desk3 -
VEVEY, Switzerland – Nestlé R&D teams have now found a way to reduce the fat present in milk powder by up to 60%, without...

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