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16.07.26 - 08:18
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Cafe de Coral, in 1986, becomes first Hong Kong food chain to go public – SCMP archive (SCMP)
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This article was first published on July 17, 1986.
Cafe de Coral the live wire in quiet market
by John Mulcahy
Fast-food counter Cafe de Coral hit the boards yesterday (July 16, 1986), trading up to $1.35 and recording the biggest volume of the day.
Although 16.6 million Cafe de Coral shares traded, at a total value of $22.08 million, this was about all the excitement the market could muster, as it took a breather after some hectic activity on Monday and Tuesday.
Another talking point was Yeo......
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16.07.26 - 07:48
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Sodexo Wins Food Services Contract From Meta (AFX)
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PARIS (dpa-AFX) - Sodexo S.A. (SW.PA), the French food services and facilities management company, Thursday announced that it has won a food services contract from Meta Platforms, Inc. (META), the......
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16.07.26 - 00:33
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Increasing Number Of US Families Took On Debt, Tapped Savings To Meet Food Needs: Report (ZeroHedge)
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Increasing Number Of US Families Took On Debt, Tapped Savings To Meet Food Needs: Report
Authored by Naveen Athrappully via The Epoch Times,
Many American families are struggling to make ends meet on their incomes alone and have resorted to credit cards, payday loans, and Buy Now Pay Later (BNPL) options for groceries, according to nonprofit research center Urban Institute.
The findings are based on a survey of 18-to 64-year-old working-age adults conducted in December 2025. About 8.7 percent of adults said they used a credit card for groceries and were unable to make the minimum payment, up from 7.1 percent in 2023, the Urban Institute said in a July 13 report. This suggests “worsening financial distress” among families.
Almost one in 10 used BNPL to pay for groceries, out of which more than a third missed a timely repayment last year.
About 19.6 percent used savings not meant for daily expenses to buy groceries, while 5.2 percent used cash from a payday loan.
The report highlighted that ...
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15.07.26 - 08:01
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Richemont beschleunigt Wachstum dank Schmuckgeschäft (DPA-AFX)
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Richemont bleibt auf Wachstumskurs: Der Schweizer Schmuck- und Uhrenkonzern steigerte im ersten Quartal des Geschäftsjahres 2026/27 den Umsatz kräftig und übertraf damit die Erwartungen der Analysten.. --- Großer Beliebtheit erfreuen sich nach wie vor die Produkte aus den Schmuckhäusern Cartier und Van Cleef & Arpels. Der Konzernumsatz kletterte in den Monaten April bis Juni verglichen mit der Vorjahresperiode um 17 Prozent auf 6,33 Milliarden Euro, wie das Unternehmen am Mittwoch mitteilte. Um Währungseinflüsse bereinigt hätte Richemont gar um 20 Prozent zugelegt.. --- In den Regionen trug unter anderem die Erholung in Asien wesentlich zum Erfolg von Richemont bei. Der Umsatz in Asien Pazifik steigerte der Konzern währungsbereinigt um 21 Prozent. Dabei wuchs das Geschäft in China, Macau und Hongkong insgesamt zweistellig. Weiterhin stark ist die Nachfrage derweil in den USA. In der Marktregion Amerika kletterte der Umsatz von Richemont um 27 Prozent in die Höhe..
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15.07.26 - 07:36
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MPs call for ban on fast food outlets opening near schools to tackle obesity (The Guardian)
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Commons health committee also recommends end to junk food advertising on billboards and public transportFast food chains such as KFC should be stopped from opening near schools, and advertising for junk food on billboards and public transport should be banned to help curb obesity, MPs will say today.The Commons health committee will also urge ministers to stop giving in to food industry lobbying and get tough to tackle a problem that costs the UK £74bn a year and causes huge illness.Supermarkets should be forced to display fruit and vegetables prominently, for example near entrances and checkouts, to help boost sales.All food must start carrying front-of-pack, traffic light-style labels telling consumers how healthy or unhealthy they are, which some supermarket chains already use.The government should urgently progress its previously announced intention to compel food producers to reveal what percentage of their sales come from healthy and unhealthy products.Ministers should “be more courageous [and st...
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15.07.26 - 07:36
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Derision at US chain Chipotle′s plan to sell its Mexican food in Mexico (The Guardian)
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One social media user described the opening of its first outlet in Monterrey as 'like the dog teaching a duck to fly'A US chain's plan to sell its version of Mexican food to Mexicans with a first branch south of the border has prompted bemusement, skepticism and anger among local people.Chipotle Mexican Grill, known for its customisable burritos, tacos and bowls, has more than 4,000 locations worldwide and announced on Tuesday that it was expanding into Mexico in what it described as a significant milestone. Continue reading......
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15.07.26 - 04:27
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Fast Food Giant Under Investigation Over Explosive Diarrhea Outbreak: Report (ZeroHedge)
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Fast Food Giant Under Investigation Over Explosive Diarrhea Outbreak: Report
Federal and state health officials are reportedly zeroing in on Taco Bell restaurants as a possible culprit in one of the biggest parasite outbreaks to slam the U.S. in years, a nasty bug that turns your guts into a nonstop disaster zone of explosive diarrhea and misery.
More than 4,000 people have already been sickened, the vast majority of them in Michigan, where victims are enduring days of gut-wrenching, bathroom-racing hell that has hospitalized at least 80 people so far.
The Washington Post reports that officials are probing whether contaminated fresh produce at the fast-food chain helped spread the Cyclospora parasite, which hitches a ride in feces-tainted veggies. No smoking gun has nailed Taco Bell or any single supplier yet, but the chain has yanked lettuce, cilantro, onions, pico de gallo, and guacamole from some Detroit-area locations after a nationwide recall notice surfaced last week.
Taco Bell insists i...
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