COFFEE

Starbucks, Green Mountain Sign Single Serve Coffee Deal

Starbucks + Green Mountain Coffee Roasters
Starbucks Corp. (NASDAQ: SBUX) is taking on the fast-growing single serve market, by teaming with Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) that holds a dominant share of the U.S. market at about 80 percent owing to several patents surrounding its K-cup.
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coffee farmer

Kenya coffee hits new high at $1,022/bag

Kenya's benchmark AA coffee grade fetched a new all-time high of $1,022 per 50 kg on Tuesday, reflecting a trend of soaring commodity prices due to political upheavals in north Africa.
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Starbucks sees higher 2011 coffee costs

Starbucks Corp, the world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought but stressed that it would not raise prices to cover the extra expense.

Starbucks signs pact to enter India

Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.
A farmer attends to her coffee bushes at a family plantation in Kiambu district,

Coffee, tea buoy Kenyan shilling, drought a worry

The Kenyan shilling KES= edged up against the dollar on the back of higher coffee and tea prices at auctions this week, but signs of a drought in the country could limit the currency's gains, traders said on Thursday.
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Starbucks inks pact to enter India, source beans

Starbucks Corp , the world's largest coffee chain, unveiled a tie-up on Thursday that could bring its iconic cafes to Asia's third-largest economy, where western-style coffee shops are increasingly popular.
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Starbucks cuts name, coffee from logo

Starbucks Corp , the world's biggest coffee chain, dropped both its name and the word coffee from its 40-year old logo, prompting cries of outrage from people who said they were loyal customers.
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Starbucks says grocery coffee share down since 2004

Starbucks Corp unveiled new details about its unraveling relationship with Kraft Foods Inc on Wednesday, ahead of a court conference on Kraft's request to force Starbucks to stop plans to take over distribution of its packaged coffee.

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