Lightning Round: Coca-Cola market insights and a new hope for produce
By Frazer Jones
May 17, 2020
Can gum arabic as a food coating lead the way in preventing food waste? Researchers at the Center of Excellence for Post-harvest Biotechnology (CEPB...
- Can gum arabic as a food coating lead the way in preventing food waste? Researchers at the Center of Excellence for Post-harvest Biotechnology (CEPB) in Malaysia are looking into a new protective coating for fruits and vegetables that could revolutionize the shelf life of produce. ~ Mongabay
- During a Q1 earnings call for Coca-Cola, CEO Muhtar Kent discussed the company’s outlook in every major market from Latin America to Asia Pacific. According to Kent, Latin America looks stable and is tracking closely with the United States market. Meanwhile Russia is seeing challenges, while sub-Saharan Africa is noted as “a strong bright spot.” Check out the full quote for more insights. ~ Business Insider
- New experiments are underway yet again at Taco Bell. One franchise in Chicago’s Wicker Park neighborhood applied for a liquor license, meaning that Taco Bell (or at least one franchise for now, with the parent company’s blessing) could be joining the ranks of other fast food chains offering beer or cocktails with their burritos. ~ Vice
- SABMiller is having a good quarter. The brewing giant listed profits that exceed expectations—while earnings still dipped one percent to $6.37 billion, it was far less of a dip than analysts had anticipated. This good fortune has shares up and AB InBev expressing interest in a merger once again—which, as we’ve mentioned before, could have interesting effects for the other giants in the brewing industry. ~ The Guardian