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Covantis launches as legal entity, announces CEO and executive appointments

GENEVA, Switzerland – Covantis, the industry initiative that aims to modernize global trade operations, announced today it...

Filipino fast food giant Jollibee Foods readies to hit the Italian market

MANILA– Filipino fast food giant Jollibee Foods Corp. (JFC) will open its first Jollibee store in Italy as it expands its global footprint. JFC told the local bourse its wholly owned subsidiary Golden Plate Pte. Ltd. (GPPL) and Blackbird Holdings Pte. Ltd. (Blackbird) will form a Singapore joint venture (JV) company, of which ...

Gruppo Illy plans to spin off non-coffee operations, open up its capital

MILAN – Italy’s family-run Gruppo illy plans to open up its capital to investors if a plan to spin off the non-coffee part...

J. M. Smucker: Dunkin’, 1850 and Café Bustelo sustain growth in coffee segment

ORRVILLE, Ohio, U.S. – The J. M. Smucker Company has announced results for the first quarter ended July 31, 2018, of its 2...

Keurig investors contest coffee giant’s buyout

By GINA CARRANO* WILMINGTON, Del. - Trouble is brewing for Keurig with shareholders claiming in court that the coffee gia...

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...

Luckin  Coffee to  delist  from Nasdaq, board moves to oust chairman  Lu  Zhengyao

MILAN – Luckin Coffee announced Friday that it was giving up plans to appeal the Nasdaq exchange's decision to delist the ...

Cafe Coffee Day plans to shut down 30 stores, add another 100

Indian cafe chain Cafe Coffee Day (CCD) plans to shut around 25 to 30 stores this year. However, plans are also afoot to a...

Newell Brands announces offering of $500 million 4.875% notes due 2025

ATLANTA, U.S. – Newell Brands (NASDAQ: NWL) has announced the public offering of $500 million aggregate principal amount o...

Higher-margin businesses lifts Zanetti’s 9-month core profit 6.6 percent

VILLORBA, Italy – The Board of Directors of Massimo Zanetti Beverage Group S.p.A. has approved the interim report as at Se...