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SodaStream shares spike on report of Starbucks talks

(Reuters) - Shares in SodaStream International Ltd <SODA.O> rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp <SBUX.O> was in advanced talks to buy 10 percent of the home soft drink maker, citing sources. Representatives for both SodaStream and Starbucks declined to comment.

Mother Parkers debuts recyclable single-use Keurig tea, coffee pods

TORONTO - A Canadian company is launching what it claims to be the world's first recyclable capsules for coffee and tea, targeting consumers who love the convenience of their single-serve java boost but hate how the plastic pods end up in the trash. Mother Parkers Tea Co-CEO Paul Higgins says Mother Parkers has been developing the idea for the recyclable pods since 2006, as it recognized the growing concern over the environmental impact of the single-serve coffee habit.

Your money: Getting the biggest caffeine buzz for your buck

By Mitch Lipka NEW YORK (Reuters) - Not all coffee is created - or brewed - equally. Caffeine levels in coffee can vary sharply, which means it matters where you go if you are looking for a pick-me-up. And that matters to a lot of people. More than 80 percent of U.S. adults identify themselves as coffee drinkers, according to the National Coffee Association.

Oprah gives Starbucks tea push a celebrity shot with chai drink

SEATTLE (Reuters) - Starbucks Corp will add a celebrity blend to its big tea push when it debuts "Oprah Chai," a tea-based drink created by media mogul Oprah Winfrey. Winfrey and Starbucks' chief Howard Schultz clinked tea cups on Wednesday at the company's annual meeting as they announced the new brew, which will go on sale at Starbucks and Teavana stores in the United States and Canada on April 29. The world's biggest coffee chain is looking to tea as a way to keep expanding its sales as competition grows in the coffee market.

S. Korea's imports of cars, watches grow in 2013

SEJONG, March 18 (Yonhap) -- South Korea's imports of vehicles and wristwatches grew significantly in 2013 from a year earlier while its purchases of coffee and jewelry dropped, the customs office said Tuesday. Last year, South Korea imported some US$5.48 billion worth of cars, up 21.9 percent from $4.49 billion in the previous year, according to the Korea Customs Service. Imports of watches jumped 12 percent on-year to some $254 million, apparently reflecting growing demand here for fashionable items, it said.

Brazil drought puts froth on coffee prices

The morning caffeine hit is about to get more pricey as drought in top producer Brazil has sparked fears of a global shortfall of coffee this year, sending the price of beans soaring. Coffee prices hit their highest point in two years in New York, with Arabica beans due for delivery in May fetching 203.75 cents per pound, more than double that of the 100.95 cents per pound in November. The worst drought to hit Brazil in decades has sparked fears that the crop in the world's top coffee producer could shrink for the second consecutive year for the first time since 1970.

Starbucks gives up exclusive license to high-end Keurig pods

By Phil Wahba (Reuters) - Starbucks Corp will get a wider selection of Keurig Green Mountain Inc's single-serve K-Cup coffee packs, in exchange for giving up the exclusive license for Keurig's highest-end coffee pods, the companies said on Friday. Keurig Green Mountain shares rose 8 percent on Friday to $114.71 on speculation changes to the agreement will open the door for it to secure licenses with other leading coffee brands with which it does not already have such arrangements.

Small roaster leads way on price hikes as coffee surges, Starbucks resists

By Marcy Nicholson NEW YORK (Reuters) - The biggest arabica coffee rally in two decades is beginning to force smaller-brand roasters to quietly raise wholesale prices, even as top names such as Starbucks Corp <SBUX.O> resist. One private-label roaster in the New York area is set to raise its prices by 10 percent to 15 percent within the next few weeks, according to a person familiar with the matter who spoke on condition that the firm would not be identified.

Nespresso launches large-cup coffee machine for North America

(Reuters) - Nespresso is launching a new single-serve coffee brewer that makes larger American-sized portions, putting its Swiss parent Nestle in more direct competition with U.S. market leader Green Mountain Coffee Roasters. Nestle, the world's largest food company, said on Wednesday its new VertuoLine system will be sold in the United States and Canada. It will make larger cups of coffee as well as the smaller espressos, popular in Europe, for which the brand is already known.

Dry weather in Brazil drives up coffee price

The price of coffee surged to the highest levels for months on Tuesday because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter. The price of Arabica quality coffee, accounting for three quarters of Brazilian production, rose to 137.95 cents a pound in New York, the highest level since last May. That represents a price leap of 23.0 percent in a week and of 36.0 percent since a seven-year low point in November when the price was 100.95 cents.
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