GFM Network News

Tim Hortons to enter China

Reuters — Canadian coffee-and-donut chain Tim Hortons will open 1,500 outlets in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy, the chain’s parent Restaurant Brands International said on Wednesday. Restaurant Brands shares rose almost three per cent after the company announced the Tim Hortons move into China […] Read more

Chickens culled as Brazil truckers disrupt commodity exports

Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more

Second Cup to set up cannabis lounges in West

Updated, April 13 — Canada’s No. 2 specialty coffeehouse chain has a partnership deal in place to convert some of its outlets in Western Canada to recreational cannabis shops and lounges. Second Cup on Thursday announced a “strategic alliance” with National Access Cannabis Corp. (NAC) to roll out a network of NAC-branded recreational cannabis dispensaries, […] Read more

Can coffee cause cancer? Only if it’s very hot, says WHO agency

London | Reuters — There is no conclusive evidence that drinking coffee causes cancer, the World Health Organization’s cancer agency said Wednesday, in a reverse of its previous warning, but it also said all “very hot” drinks are probably carcinogenic. The WHO’s International Agency for Research on Cancer (IARC) had previously rated coffee as “possibly […] Read more

Colombia’s coffee sector seen needing complete overhaul

Bogota | Reuters –– Colombia’s coffee sector needs a complete overhaul to recover from a huge loss of global market share, says a government-commissioned report, seen by Reuters, in which the recommendations include deregulation of exports and the introduction of a minimum price. Despite the undisputed quality of its mild arabica coffees, Colombia now supplies […] Read more