Vanilla farmer Jao Nasaina holds a spear and a handmade gun as he patrols at his plantation, to guard the crop against thieves, in Ambavala, near Andapa in the Sava region of Madagascar on July 14, 2018. (Photo: Reuters/Clarel Faniry Rasoanaivo)

Spice maker seeks path to make vanilla milkshakes cheaper

Chicago/Antananarivo, Madagascar | Reuters — A kilo of vanilla beans costs more than a kilo of silver. Cultivated painstakingly over years from an orchid plant, vanilla is the second most expensive spice in the world, after saffron. In less than five years, the wholesale price has risen nearly 500 per cent, partly because of growing […] Read more




Nestle’s logo on a bar of Milky Bar chocolate in Manchester, Britain, April 25, 2017. (Photo: Reuters/Phil Noble)

Nestle to buy Canadian nutrition firm Atrium

London | Reuters — Nestle is buying Canadian vitamin and nutritional supplement maker Atrium Innovations for US$2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged food company said on Tuesday it will buy the maker of vitamins, probiotics and meal replacements from a […] Read more


(Nestea.ca)

Nestle, Coke end Nestea iced tea venture

Zurich/London | Reuters –– Nestle and Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market. The companies formed Beverage Partners Worldwide in 2001 to sell Nestea around the world but the brand has faced fierce competition from Lipton iced tea, […] Read more