GFM Network News


Nestle, Coke end Nestea iced tea venture

Zurich/London | Reuters –– Nestle and Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market. The companies formed Beverage Partners Worldwide in 2001 to sell Nestea around the world but the brand has faced fierce competition from Lipton iced tea, […] Read more

McDonald’s to remove corn syrup from buns

Reuters — McDonald’s Corp. will replace corn syrup in hamburger buns with sugar this month and has removed antibiotics that are important to human medicine from its chicken months ahead of schedule, it said Monday, moves that are part of its drive to target increasingly health-conscious consumers. The fast food company also said it eliminated […] Read more