Foodpanda confirms talks to sell part of its Asia business, layoffs
A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company’s operations center […]
food and drink
Olive oil prices surge over 100%, leading to cooking oil thefts
Bottles of olive oil and sunflower oil at a Mercadona SA supermarket in Barcelona, Spain. Bloomberg | Bloomberg | Getty Images Olive oil prices spiked […]
French grocery chain adds ’shrinkflation’ labels to products
Shopping cart in a department of a Carrefour supermarket, in front of pastas and sauces. Andia | Universal Images Group | Getty Images French grocery […]
Durian demand has soared 400%, fueled by China’s ‘craze’ for the fruit
Different varieties of durian fruits on display at a durian stall in Petaling Jaya, Selangor, Malaysia,. Bloomberg | Bloomberg | Getty Images Some say it’s […]
How Luckin Coffee overtook Starbucks in China
SHENZHEN, CHINA – 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Sopa Images […]
France pays winemakers to rip up vines on Bordeaux uncertainty
A worker uses a backhoe to grub up an area of vines during snow fall in a vineyard in Haux, some 25 kms southeast of […]
China’s food delivery app Meituan shares fall on weaker Q3 outlook
Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Yan Cong | Bloomberg […]
Pork belly prices rose over 100% YTD, bacon is about to get pricier
Bacon frying in a pan. Zachary Zirlin / Eyeem | Eyeem | Getty Images Bacon is about to get even more expensive as wholesale pork […]
Tilray cannabis buys brands from Molson Coors, Anheuser Busch
Dry cannabis flowers inside the packaging room at the Aphria Inc. Diamond facility in Leamington, Ontario, Canada, on Wednesday, Jan. 13, 2021. Anne Sakkab | […]
How did the Huy Fong Foods sriracha shortage happen?
Huy Fong Foods’ sriracha hot sauce, in the green-capped bottle with the rooster label, has been hard to find for the past few years. In […]