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...The closures marked the end of its pioneering business model that relied on blanketing Chinese cities with storage sites, allowing riders to load up with fresh produce and meats to ferry to customers in...
...Bets against the company have increased 40 per cent since late October and legendary US investor Jim Chanos, who holds a bearish position, says the plant-based meat producer has ceased to be a growth company...
...Scientific American says mycelium is “the fungus mushrooms are made of, but it can also produce everything from plastics to plant-based meat to a scaffolding for growing organs — and much more”....
...Finally, a Swedish robot company BonBot is now serving ice creams; plant-based meat start-up Heura raised new funding and Peter Thiel’s investment firm Mithril Capital has backed a new mortgage lender called...
...regarded as a well-run operation, there may still be opportunities to cut costs, by reducing ranges in the stores as Asda is doing, or by rethinking the “Market Street” format of separate counters for meat...
...Fake Meat: sweets and sweats Beyond Meat’s more than 20 per cent fall this week may have been painful for shareholders, but at least some investors in the plant-based meat company found reason to cheer....
...“This is like trying to have a buffet with one chicken dish and one meat dish and one pasta, and that’s it. If you want to be a Netflix of games, you have to have 1,000 games.”...
...“Your oven [should] not merely heat up food, but should also have a connected camera to enable chefs to see their meat roasting on their phones from the comfort of a pub....
...Laurene Powell Jobs, the widow of late Apple co-founder Steve Jobs, has also organised her “social change organisation” Emerson Collective as an LLC....
...) McGraw-Hill Education and Cengage plan merger (FT) SoftBank invests $1bn in Colombian delivery start-up Rappi (WSJ) KKR, GIC betting on India's power sector with $400m investment (Reuters) Beyond Meat...
...Suisse trading rebound eases pressure on Tidjane Thiam (FT) Centerbridge Is in Talks to Buy Advisor Group for $2 Billion (BBG) Tesla’s road to autonomy is full of danger (FT) Tyson sells stake in Beyond Meat...
...Tyson Foods unveiled on Monday a deal to buy a major supplier to the food services industry as it bolsters its international business and portfolio of value-added meat products, like chicken nuggets....
...The economic calendar carries a little more meat (all times London). 07.00: Germany industrial production07.00: Norway industrial production07.00: Denmark industrial production07.45: France trade balance08.30...
...Dozens of aisles of snacks, fresh produce and meats sit alongside a hair salon, tyre repair centre and a pharmacy. The nearby Aldi has only five aisles....
...China’s demand for soyabeans has skyrocketed in the past decade because of rising meat consumption, which has fuelled the animal feed industry....
...While Cargill’s main activity is finding customers for farmers’ grain, the company also makes ingredients for leading food and drink companies including Coca-Cola and McDonald’s, and it has a large meat...
...Cargill suffered a decline in operating profit across all of its main reporting divisions as results flagged in businesses ranging from sugar to red meat....
...A typical tweet appeared last month following news of strong scientific evidence that cured meats are linked to cancer: “Need a sin tax on bacon. Put the pig back in Pigou! #keepbaconlegal.”...
...Now another company is making the trip across the Atlantic, promising to serve meat-addicted UK consumers....
...Last year, a local television station found a KFC supplier putting new labels on expired meat, among other safety violations....
...Six officials of a company that supplied meat to KFC, McDonald’s and other restaurant chains were arrested after the company, a subsidiary of the US food group OSI, was accused of selling expired meat....
...Shanghai’s food safety watchdog in July launched an investigation into a meat and poultry processor after an undercover investigation by a local television station found the company to be putting new labels...
...Chinese authorities have detained five employees of a US-owned company accused of relabelling expired meat amid allegations of systemic violations at a key supplier to McDonald’s, KFC and other fast-food...
...OSI processes the meat of 300m chickens a year in China, as well as other meats, vegetables and pre-assembled food such as sandwiches or wraps....
...KFC gets meat and vegetables from foreign-run farms and from the few Chinese companies capable of producing food on an industrial scale....
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