February 27th, 2014
12:40 AM ET
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Love that chocolate Haagen-Dazs ice-cream? But what about the way its makers treat their farmers? How about KitKat and the way its production impacts the environment?

In a campaign to push big companies towards more ethical sourcing, international development group Oxfam is asking people to think about food producers' attitudes towards issues such as climate change and workers' rights the next time they dig into their favorite treat.
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February 18th, 2014
06:00 PM ET
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Coca-Cola - the world's ubiquitous brown fizzy drink - is staying afloat as the soda market shrinks, and many point to a marketing strategy around the so-called "secret recipe" as key to its resilience in a struggling industry.

The Coca-Cola Company, which published its full year result Tuesday, recorded a 5% drop in net income to $8.6 billion last year, down from $9 billion in 2012, as it faced "ongoing global macroeconomic challenges," according to its chief executive Muhtar Kent.

Volume grew 2% for the year, which it said was "below our expectations and long-term growth target," with sparkling beverages recording a slight increase of 1% - led by Coca-Cola.

Globally, soda drink sales have been shrinking as consumers turn to water, fruit drinks and healthier alternatives. The trend has hit Coke and other market players such as PepsiCo and Dr. Pepper. And while its primary competitor, PepsiCo, depends on its snack business to buoy the declining soda sales, Coke announced further investment into its marketing.
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Filed under: Big Business • Business and Farming News • News • Sip • Soft Drinks


McDonald's: Would you like world domination with that?
February 10th, 2014
10:45 AM ET
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As McDonald's opens its first restaurant in Vietnam, take a look at some of the big breakthroughs the fast food chain has made in the past - from its first outlet in the Soviet Union, through the Kosher Mac and MacMaharaja, to the branch at Guantanamo Bay.
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Filed under: Fast Food • McDonald's


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