Coffee

Starbucks Projects Profit Growth From Tech, Stores, Workers Spending

Starbucks Corp projects profits are to grow between 15% to 20% per share over the next three years.

Raw Sugar Rebounds, Arabica Coffee Also Climbs

Raw sugar futures on ICE rose on Thursday after finding support around the prior session's one-month low, while arabica coffee prices also climbed on decli...

Coffee Demand Up But Not Yet Percolating At Pre-Pandemic Levels: Report

Demand for coffee in non-producing countries showed a healthy recovery in the first quarter.

Starbucks’ Schultz Announces Halt To Stock Repurchasing Programme As He Returns

Starbucks Corp's longtime former chief executive Howard Schultz announced on Monday the suspension of the company's stock repurchasing program.

Coffee Traders Scramble To Redirect Russia, Ukraine Shipments

Coffee traders are scrambling to redirect shipments headed for Russia and Ukraine as trade flows to the two countries collapse due to Western sanctions imp...

Coffee Traders Seeking Advance Payment In New Deals With Russia

Coffee traders are seeking advance payment in any new deal to sell beans to Russia.

What’s Hot In Drinks

When lockdown restrictions were introduced across the country in 2020, all categories saw an increase in demand, as customers stockpiled goods such as tea...

Farmers In Brazil Remove Dead Coffee Trees, Some Switching To Grains

Brazilian farmers who had coffee fields severely damaged a month ago by the worst frosts in 27 years have started taking out dead trees to make room for ne...