McDonalds Accepts Bitcoin In Switzerland
In Lugano Switzerland, fast food icon McDonalds has announced it will now accept bitcoin as a form of payment in its restaurants. On Tuesday, Bitcoin Magazine posted a one-minute video…
Smashburger Looks For A Contactless Advantage In Tech
Smashburger is moving into high tech in a bid to gain an edge on competitors. Smashburger President Carl Bachmann said in an interview, “The business has to transition,” as he…
German Food Producers Warn Energy Prices Will Force Them To Close
Germany’s food producers are warning that rising energy prices may soon force them to shut their doors. The German Frozen Food Institute and the Association of German Cold Storage and…
Russia’s Wheat Harvest Bountiful, But Export Is Difficult
Russia is presently on track for a historic 100 million ton wheat harvest, according to data from consultant SovEcom. Yet the commodity is piling up in the nation, as exporters…
Food Prices, Especially Bread Soar Across The EU
As the EU witnesses record inflation sweep through every sector, staple foods are among the hardest hit, with Bread prices reaching record highs. Year over year, the price of bread…
Beyond Meat Suspends COO For Biting Man’s Nose
Beyond Meat (BYND) announced it has suspended its Chief Operating Officer Doug Ramsey following his arrest over the weekend for a fight in which he bit his opponent’s nose. The…
Starbucks To Upgrade Micro-Stores Inside Retailers To Facilitate Rewards Programs
For over two decades, Starbucks has offered its products from locations in Target stores, for shoppers who need a pick me up while browsing the retail giant. Since 2003 a…
Coca Cola To Continue Operations In Russia
According to reports, Coca Cola will continue to operate in Russia, selling its iconic beverage under the Dobry Cola label, according to the founder of the Teremok fast-food chain, Mikhail Goncharov.…
Beyond Meat Sales Decline As Customers Choose Less Expensive Real Meat
Beyond Meat reduced its revenue guidance for the year and announced it would be laying off employees, as the company’s efforts to make its expensive plant-based meat substitute more affordable…
German Giant BASF To Reduce Ammonia Production Due To Gas Shortage
Germany’s BASF, the largest chemical producer in the world, has announced that it is going to reduce its production of ammonia. This will apply further pressure on already elevated fertilizer…
