SHANGHAI (Reuters) – Luckin Coffee (LK.O) said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it was actively cooperating. It also said in a statement poste... More »
(Reuters) – Yum China Holdings Inc (YUMC.N) said on Monday its business was in the early stages of recovery, weeks after the fast-food chain operator had to close over a third of its outlets at the peak of the coronavirus outbreak, which originated in the coun... More »
FRANKFURT (Reuters) – Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last. Toilet paper has become one of the commodities shoppers across the world have hoarded as the co... More »
BURGDORF, Switzerland (Reuters) – Exposing cheese to round-the-clock music could give it more flavor and hip hop might be better than Mozart, Swiss researchers said on Thursday. Nine wheels of Emmental cheese weighing 10 kilos (22 pounds) each were placed in s... More »
(Reuters) – Minnesota prosecutors will not charge the billionaire chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. Hennepin Cou... More »
NEW YORK (Reuters) – Bayer AG disputed accusations in a new Netflix documentary that claims medical device makers and the U.S. Food and Drug Administration placed profits before patient safety. The company, in a statement released Thursday night, said the docu... More »
LONDON (Reuters) – Sainsbury’s chief executive Mike Coupe said that it was possible that competition authorities would force some stores to be sold to allow the British supermarket chain’s proposed merger with Asda to go ahead. Sainsbury’s and Asda, the UK arm... More »
(Reuters) – Nearly 207 million eggs from a farm in North Carolina are being recalled from nine U.S. states after 22 people fell ill, the federal Food and Drug Administration has said. It is the largest recall of eggs in the United States since 2010, the Food S... More »
SEATTLE (Reuters) – Amazon.com Inc (AMZN.O) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattl... More »
FILE PHOTO: Turkeys stand in the warmth of the sun in their barn at Seven Acres Farm in North Reading, Massachusetts November 24, 2015, two days before the Thanksgiving holiday in the U.S. REUTERS/Brian Snyder CHICAGO (Reuters) – The sale and distribution of a... More »
Chipotle Mexican Grill Inc on Monday denied allegations by actor Jeremy Jordan that eating at one of its restaurants landed him in the hospital. More »
Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to make a move into selling drugs online. More »
Costco Wholesale Corp's (COST.O) quarterly profit scraped past estimates, helped by a hike in membership fees, but a fall in gross margins fueled concerns of an intensifying grocer price war, sending shares down 3.6 percent in after-market trading. More »
The new boss of Carrefour (CARR.PA) could close some of the retailer's large hypermarket stores in France as part of plans to turn around the company, a union official said. More »
Janssen Sciences Ireland UC, a unit of Johnson & Johnson, said it would discontinue further development of its hepatitis C research, citing increased availability of a number of effective hepatitis C therapies. More »
Wal-Mart Stores Inc said on Monday it has reopened most stores in the Gulf region that were shut due to Hurricane Harvey. More »
Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, a health ministry official told broadcaster ORF on Monday, adding to the list of countries affected by an international health scare. More »
An employee inspects tablets as they move along the production line at a pharmaceutical plant of Lupin, India’s No. 2 drugmaker, in Verna, in the western state of Goa, India, June 9, 2017. Picture taken June 9, 2017. REUTERS/Danish Siddiqui In 28 years in Indi... More »
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol If Amazon.com Inc (AMZN.O) hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc (WFM.O) fo... More »
A sign directing shoppers to an ALDI Sued grocery store in Unterhaching, Germany May 18, 2017. REUTERS/Michael Dalder German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising ... More »
A woman wears a jersey reading ‘Therapeutic Marijuana’ during a rally against drug trafficking and in favor of the legalization of self-cultivation of marijuana for medicinal and recreational purposes in Santiago, Chile, April 20, 2017. Picture taken April 20,... More »
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc (AMZN.O) plans to cut 263 jobs at its money-losing parenting products unit Quidsi this... More »
A man prepares a cigarette mixed with marijuana during Cannatech 2017, an annual global cannabis industry event, in Tel Aviv, Israel March 20, 2017. Picture taken March 20, 2017. REUTERS/Amir Cohen Israel, a leader in marijuana research and health technology, ... More »
A shareholder coalition founded in the U.K. is recruiting investors for a campaign to convince KFC parent Yum Brands Inc and other food companies to protect public health and corporate profits by reducing the use of antibiotics in the meat they serve in the Un... More »
FILE PHOTO – A sign for the headquarters of Valeant Pharmaceuticals International Inc is seen in Laval, Quebec June 14, 2016. REUTERS/Christinne Muschi/File Photo ValueAct Capital raised its stake in Valeant Pharmaceuticals International Inc, in a move that co... More »
The logo of McDonalds is seen outside a shop in Vienna in Vienna, Austria, October 1, 2016. REUTERS/Leonhard Foeger Two of America’s biggest commercial brands – discount retailer Target and fast-food chain McDonald’s – have taken steps to tamp down hysteria st... More »
The U.S. Food and Drug Administration warned against the use of homeopathic teething tablets and gels on Friday, citing potential risks to infants and children and prompting CVS Health Corp Inc to withdraw the products. More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
LONDON The UK arm of discount supermarket Aldi said on Monday it would launch an online operation in Britain in 2016, initially selling wine, as it posted a dip in 2014 operating profit reflecting price cuts and higher staff costs. The privately-owned German g... More »
WASHINGTON Scientists have invented a speedy method to make potent painkilling opioids using bioengineered baker’s yeast instead of poppies, but need to fine-tune the process to make it commercially viable, according to a study published on Thursday. The new m... More »
