CIMBALI
Friday 22 November 2024
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  • DVG De Vecchi
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Market & Trade

Arabica coffee futures reach the $3 mark, while USDA reduces its estimate for Brazilian production

MILAN - After the mid-week rally, it was a day of consolidation for the futures coffee markets: in New York, the March contract of the Ice Arabica gained another 320 points yesterday, Thursday 21 November, to close at a new all-time high of 295.70 cents. The December contract, which is now attracting minimal volume, even reached the psychological mark of $3 per pound, a level not seen since May 2011. On the other side of the pond, the Ice Robusta contract for...

Business & Finance

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TODAY NEWS
Latest

coffee chains

Nespresso renews its commitment to Tree Canada for a greener tomorrow

Desk3 -
MONTREAL, Canada – For the fourth consecutive year, Nespresso Canada is partnering with Tree Canada, the country's largest tree-planting charity organization, as a means...
Coffee Machines

De’Longhi triples down on innovation this National Espresso Day

Desk3 -
UPPER SADDLE RIVER, N.J., USA – Just in time for National Espresso Day on November 23, De’Longhi North America announces a triple shot of...
Coffee Machines

Cumulus Coffee launches at flagship Williams Sonoma stores

Desk3 -
NEW YORK, USA – Cumulus Coffee, the groundbreaking cold coffee company, is excited to announce its official launch at flagship Williams Sonoma stores. This...
coffee chains

Dunkin’ Spiked Peppermint Mocha Iced Latte arrives just in time for holiday celebration season

Desk3 -
BOSTON, USA – This holiday season, Dunkin’ is adding festive cheer to its boozy, ready-to-drink Spiked Iced Coffee lineup with the limited-edition Dunkin’ Spiked...
Franke Mytiko
Espresso and coffee beverages

Kahlúa introduces decadent Kahlúa chocolate sips

Desk3 -
TORONTO, Canada – Kahlúa, the number one selling coffee liqueur in the world¹, is continuing its tradition of premium quality with its latest innovation:...
coffee chains

McDonald’s temporarily removes espresso drinks from some U.S. menus because of safety issues, faulty component in its machines

Desk3 -
MILAN – No espressos, cappuccinos, lattes and macchiatos at possibly thousands of McDonald's restaurants in the US because of a safety issue with its...
Legislation

EUDR: Council reconfirms its agreement to extend the application timeline, while coffee futures rally again

Desk3 -
BRUSSELS, Belgium – Yesterday, the Council firmly reiterated its support to the proposed targeted amendment of the EU deforestation regulation (EUDR), postponing its date...
Marketing

Kicking Horse Coffee launches its first campaign

Desk3 -
TURIN, Italy – Irreverent, ironic, out of the box: the first Kicking Horse Coffee campaign fully reflects the spirit of the brand, which has...
Roasters

Reborn Coffee provides third quarter 2024 corporate update and financial results

Desk3 -
BREA, Calif., USA – Reborn Coffee Inc., a leader in the specialty coffee industry, has reported its financial and operational results for the third...
Dairy and alternatives

PKN launches New JOY Barista Pecanmilk

Desk3 -
AUSTIN, TEXAS, USA – PKN, a leading innovator in plant-based beverages and the first company to bring a pecanmilk to market, is thrilled to...
Awards

&BACK COFFEE wins “Innovative Achievement of the Year” Award

Desk3 -
TORONTO, ONTARIO, Canada – &BACK COFFEE, a Certified Women-Owned and B Corp business redefining coffee as a force for good, has been awarded the...
Single Serve

Nespresso NZ is Official Coffee Sponsor of the ASB Classic

Desk3 -
AUCKLAND, New Zealand — Nespresso is announcing its first-time partnership with the iconic ASB Classic, becoming the Official Coffee Sponsor for the 2025 tennis...
Roasters

Chefs’ Warehouse New England and Cape Cod Coffee join forces to brew bold new flavors for chefs

Desk3 -
NEW BEDFORD, Mass., USA – Chefs' Warehouse New England, through its esteemed brand Sid Wainer & Son, is excited to announce a new partnership...
Rtd

TurtleTree partners with Singapore-based CPG company MAD Foods

Desk3 -
SACRAMENTO, Calif., USA and SINGAPORE – TurtleTree, a local leader in sustainable nutrition, announces it has joined forces with its first Singapore-based organization, MAD...
coffee chains

Scooter’s Coffee unveils Mystery Drink to celebrate Scooter’s Coffee Frisco Bowl

Desk3 -
OMAHA, Neb., USA – Scooter’s Coffee announces this winter’s exclusive, limited-edition Mystery Drink, a daring blend that surprises and delights with every sip. Starting...
Companies

Löfbergs announces new board member Eja Tuominen

Desk7 -
KARLSTAD, Sweden – Eja Tuominen has been appointed as a new board member of the Swedish-based coffee roaster Löfbergs. Eja has 30 years of...
Roasters

Peter Pesce, Founder of Reunion Coffee Roasters, wins Lifetime Achievement Award from the Coffee Association of Canada

Desk3 -
TORONTO, Canada – Peter Pesce, expert coffee roaster and founder of Reunion Coffee Roasters (Reunion), has been awarded the Coffee Industry Lifetime Achievement Award...
Associations

Scott Berman named 2024 Coffee Legend of the Year

Desk3 -
ARLINGTON, VA, USA — The National Automatic Merchandising Association (NAMA) has announced Scott Berman, senior vice president of Canteen, as the recipient of the...
Roasters

Nguyen Coffee Supply launches RTD multipacks

Desk3 -
BROOKLYN, NY, USA – Nguyen Coffee Supply, America's first specialty Vietnamese coffee importer & roaster, has launched their first retail-ready multipacks of Ready-To-Drink Vietnamese...
Packaging

NEXE Innovations appoints of strategic advisor – Tom Hoyne, a seasoned coffee and food manufacturing executive

Desk3 -
WINDSOR, ON, Canada – NEXE Innovations Inc, a compostable and innovative materials company, is pleased to announce the appointment of Tom Hoyne as a...

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Companies

Davide Cobelli is the new ambassador for DUG Foodtech in Italy

MILAN, Italy - Davide Cobelli will step in as brand ambassador for DUG in Italy, bringing his expertise and passion to baristas, roasters, and coffee enthusiasts throughout the country....
Science

Study finds link between coffee and the microbiome

Desk3 -
TRENTO, Italy – A study coordinated by the Cibio Department links the consumption of coffee with a specific gut bacterium: a significant contribution to...
coffee chains

Alraedah announces strategic partnership with Methods Coffee Shop

Desk3 -
RIYADH, Saudi Arabia – Award winning SME financier Alraedah announced a new partnership with Methods Coffee Shop, a Saudi specialty coffee brand seeking franchise...
Roasters

Nestlé recognized one of the World’s Best Employers

Desk3 -
VEVEY, Switzerland – For the fifth year in a row, Nestlé was named one of the "World's Best Employers" by Forbes, consistently improving its...

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