Saturday 27 April 2024
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COVID-19

Companies

Farmer Bros draws down on revolving credit facility to enhance financial flexibility

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NORTHLAKE, Texas, U.S. — Farmer Bros Co yesterday announced that it has drawn down $34.0 million on its $125.0 million revolving credit facility, bringing...
Companies

Starbucks reports 5% drop in revenue to US$6bn for Q2, same-store sales down 10%

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MILAN – Starbucks said Tuesday that its comparable sales and profits tumbled in the first quarter of the year taking a hit from COVID-19...

Costa Coffee begins reopening its UK outlets for takeaway and delivery

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MILAN – Costa Coffee has begun reopening branches, amid the Covid-19 pandemic. So far, four outlets have resumed business for takeaway and delivery. The...

Arabica coffee futures sharply lower on Friday, London still close to multi-year lows

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MILAN – Coffee futures prices in New York dropped sharply on Friday: the benchmark contract for July delivery closed down 565 points to a...
Health

Here is why coffee filters are very effective, but should not be used for DIY masks

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MILAN – In early April, President Donald Trump suggested that scarves could be a perfectly suitable substitute for masks. A new study of the...
Chocolate

The Hershey Company commits US$1 mln to the production of disposable facemasks

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HERSHEY, Pa., U.S. – The Hershey Company has announced that it is committing $1 million to acquire, install and staff a new manufacturing line...

Here is how to make the healthiest coffee during Coronavirus lockdown

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SOPHIA ANTIPOLIS, France – We may all be drinking more coffee to help us survive the COVID-19 lockdown: today scientists announce the healthiest way...

Big Island Coffee Roasters are doing their part to help baristas affected by Covid-19

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MILAN – The coronavirus pandemic is affecting us all across the world, especially individuals who work in hospitality: Baristas across the country and across...
Roasters

The J. M. Smucker Company takes steps to ensure business continuity

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ORRVILLE, Ohio, U.S. — The J. M. Smucker Company provided a business update today regarding COVID-19, specifically the status of its operations, supply chain,...
Health

World’s first face masks made from coffee, an eco-friendly message from AirX

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HO CHI MINH CITY, Vietnam – The disposal of face masks and medical waste during the COVID-19 pandemic is putting increasing pressure on the...
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