Fungus Panama TR$ threaten Bananas

The Colombian Agriculture and Fishing Institute (ICA) has confirmed the arrival of Panama TR4 disease, a soil-dwelling fungus that has devastated plantations in South-East Asia over the past 30 years. Now it threatens Cavendish banana which accounts for half of global production and 95 per cent of the world’s exports. The ICA has declared a…

FINDING “BUDGET” GOOD FOOD IN LONDON

Rio’s Piri Piri at 112 Lisson Grove London NW1 6UL opened on April 5th this year and is the third branch in London joining Croydon and Wembley. There are eleven more outside the London area. Rio’s Piri Piri branches first opened in 2015.  Affiliated with Deliveroo Just Eat and Uber Eat, with a minimum order…

Coca-Cola and Corona appears to experiment with cannabis

Coca-Cola known for its eponymous Caffeine-based drink, but the firm now appears to be experimenting with a different drug: cannabis. The drink giant is in talks with local producer Aurora Cannabis about developing marijuana-infused beverages. Although these drinks would not intoxicate customers but supposed to relieve pain. “Along with many others in the beverage industry,…

Rapid expansion of OYO

OYO, a fast-growing Indian hotel chain backed by Softbank, is investing  £1.6bn ($2bn) to triple 25-year-old Ritesh Agrawal, the founder’s stake to 30 percent from 10 per cent  in the  company  while light speed and Sequoia, its US backers partly cash out. The share buyback pushes OYO , the World’s third-largest hotel chain behind InterContinental…

Slug & Lettuce to buy 4000 pubs in £3bn Ei deal

The takeover of the Ei Group will add  4000 new publs to Stonegate Pub company’s ( owner of Slug & Lettuce) 765 existing locations .  Simon Longbottom, CEO of Stonegate is owned by the Cayman Island registered private equity group TDR Capital  said that although the deal  ” slightly dwarfs what we’ve done before  the…

Just Eat Consumes Uber Eats

Just Eat has strengthened its board by poaching  Jambu Palaniappan, ex-head of Uber Eats in Europe, the Middle East and Africa. They hope to satisfy activist investors who say the food delivery firm should be  sold. Online takeaway firm Just Eat’s new executive director Jambu Palaniappan, from Tech Investment firm Atomico, Mike Evans, chairman of…

Patisserie Valerie five people arrested

Five people have been arrested and questioned over alleged accounting fraud at the Patisserie Valerie chain according the Serious Fraud Office. The arrests took place last Tuesday, 18 th June 2019, in a joint operation with police, the SFO said. It took eight months after the firm’s former finance director Chris Marsh was arrested and…

How hamburgers changed America

 America is continent populated by migrants who either displaced or killed the indigenous people and it is interesting historians tell the story of America through a particular movement or group.  Joshua Specht examine the industries that helped make America rich and prosperous as well as environmental and political pattern have come back to bite America…

World’s oldest vegetarian restaurant in the heart of Zurich

  Haus Hiltl’s century old tradition have introduced generations of Swiss and Europeans “ a gourmet temple of healthy indulgence”  combining Indian, Asian, Mediterranean and Swiss influence to make a rich ratatouille of vegetarian options beyond the usual potatoes, recognised by Guinness World Records. The restaurant’s downstairs you have informal pay-by-weight buffet and the first…