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Egypt reports a 10 percent increase in the rate of coffee imports

According to a report by the coffee division at Cairo's Chamber of Commerce, Egypt has reported a 10 percent increase in t...

Starbucks to shut down 150 poorly performing U.S. location next year

Starbucks will close 150 U.S locations in fiscal year 2019 amid disappointing sales. That’s about three times its usual fl...

With dollar oscillations, agents retract and trading pace slows down in Brazil

The trading pace for arabica and robusta coffee was slow in Brazil in the first fortnight of June, according to the latest...

El Niño Watch: chance of El Niño in spring increases to 50%, says BOM

According to the Australian Government Bureau of Meteorology (BOM), the El Niño –Southern Oscillation (ENSO) remains neutr...

Mzb Group appoints Leonardo Rossi as Director and CFO of the Group

VILLORBA, Italy — The Board of Directors of Massimo Zanetti Beverage Group S.p.A. (the “Company” or “MZBG”), one of the le...

Usda’s Fas pegs world coffee production for 2018/19 at 171.2 million bags

According to USDA's "Coffee: World Markets and Trade" report, world coffee production for 2018/19 is forecast 11.4 million...

Brazilian entrepreneur Ricardo Reis creates bitcoin coffee machine

Cryptocurrencies have incited an innovative streak all around the world which is hard to miss. These innovations are focus...

ICCO Cocoa Market Review shows sharp downward trend in May 2018

This review of the cocoa market situation reports on cocoa price movements on international markets during the month of Ma...

ICO Monthly Report: Prices for all coffee groups increased in May

LONDON, UK — In May 2018, the ICO composite indicator increased by 0.7% to an average of 113.34 US cents/lb, following thr...

Starbucks and Chase introduce Starbucks Rewards Visa Prepaid Card

SEATTLE, U.S. — Starbucks and Chase announce the availability of the Starbucks Rewards Visa Prepaid Card, the first prepai...