Reading Time: 3 minutes Beijing | Reuters — Makers of Irish whiskey, Belgian chocolate and European coffee brands are scrambling to comply with new Chinese food and beverage regulations, with many fearful their goods will be unable to enter the giant market as a Jan. 1 deadline looms. China’s customs authority published new food safety rules in April stipulating […] Read more
New China import rules bring headaches for food, beverage makers
Cooking oil, milled grains among foods moved to higher-risk categories
‘Containergeddon’: Supply crisis drives Walmart, rivals to hire own ships
Bulk grain ships pressed into container service
Reading Time: 4 minutes Los Angeles | Reuters — The Flying Buttress once glided across the oceans carrying vital commodities such as grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk cargo ship has been drafted into the service of […] Read more
BAT looks beyond tobacco to Canadian marijuana
Lucky Strike cigarette maker buys into Moncton's Organigram
Reading Time: 2 minutes Reuters — British American Tobacco (BAT) said Thursday it will buy a nearly 20 per cent stake in New Brunswick-based cannabis producer Organigram for about 126 million pounds (C$221.3 million) as it seeks to expand beyond its main tobacco business. Organigram, headquartered at Moncton, grows cannabis and makes cannabis-derived products in the Canadian market, where […] Read more
Report says Unilever, Tesco, Nestle ranked top on meat alternatives
Reading Time: 2 minutes London | Reuters – Unilever, Tesco and Nestlé are among the best prepared to capitalise on the trend for plant-based meat substitutes, according to a report from an investor group managing $5 trillion in assets. The report by the Farm Animal Investment Risk and Return (FAIRR) coalition showed 25 major retailers and manufacturers were developing […] Read more
Constellation hedges bets on pot boom with Canopy stake
Reading Time: 2 minutes Reuters — Constellation Brands has bought a nearly 10 per cent stake in Canadian cannabis producer Canopy Growth Corp. for about $245 million, making it the first major wine, beer and spirits producer to invest in legal cannabis. The move by the maker of Corona beer and Svedka vodka comes as Canada and a growing […] Read more
Chipotle shuts for staff food safety meeting
Reading Time: 2 minutes Reuters — U.S. burrito chain Chipotle Mexican Grill shut its stores for four hours on Monday to hold a nationwide staff meeting, where CEO Steve Ells apologized for E. coli and norovirus outbreaks and laid out the company’s recently developed food safety program. Chipotle also said it would spend about $10 million to help local […] Read more
Kellogg to cut seven per cent of workforce by 2017
Reading Time: 3 minutes Kellogg Co., the world’s largest maker of breakfast cereals, said it would cut about seven per cent of its workforce by 2017 and also trim production capacity, after reporting another quarterly decline in sales in its cereals business. Shares of the maker of Corn Flakes, Keebler cookies, Froot Loops cereals and Eggo waffles rose as […] Read more
A message from April Stewart, Country Guide's Associate Editor
