<p>Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the US&nbsp;coffee company's products around the world outside Starbucks' coffee shops.</p>

<p>Starbucks said on Monday it will use proceeds to speed-up share buybacks and the deal would add to earnings per share (EPS) by 2021 at the latest. Nestle saw the deal adding to earnings by 2019.</p>

<p>Nestle and Starbucks are joining forces in a highly fragmented consumer drinks category that has seen a string of deals lately.</p>

<p>JAB Holdings, the private investment firm of Europe's billionaire Reimann family, has fueled the consolidation wave with a series of deals including Douwe Egberts, Peet's Coffee & Tea and Keurig Green Mountain, narrowing the gap with Nestle.</p>

<p>"This global coffee alliance will bring the Starbucks experience to the homes of millions more around the world through the reach and reputation of Nestle," said Starbucks Chief Executive Kevin Johnson.</p>

<p>Coffee is popular with millennials who have grown up with Starbucks and often seek out smaller brands. A willingness to pay up for exotic beans and specialty drinks means companies can brew up richer profit margins than in mainstream packaged food.</p>

<p>Starbucks plans to use the proceeds to accelerate share buybacks and now expects to return approximately $20 billion in cash to shareholders in the form of share buybacks and dividends through fiscal year 2020, it said.</p>

<p>It said the transaction was expected to add to earnings per share by the end of fiscal year 2021 or sooner, with no change to the company's currently stated long-term financial targets.</p>

<p>In a separate statement, Nestle said it expected the business to contribute positively to its earnings per share and organic growth targets from 2019.</p>

<p>Nestle, which will take on about 500 Starbucks employees as part of the deal, says its ongoing share buyback program would remain unchanged.</p>


Starbucks said on Monday it will use proceeds to speed-up share buybacks and the deal would add to earnings per share (EPS) by 2021 at the latest. Nestle saw the deal adding to earnings by 2019

Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the US coffee company's products around the world outside Starbucks' coffee shops. Starbucks said on Monday it will use proceeds to speed-up share buybacks and the deal would add to earnings per share (EPS) by 2021 at the latest. Nestle saw the deal adding to earnings by 2019. Nestle and Starbucks are joining forces in a highly fragmented consumer drinks category that has seen a string of deals lately. JAB Holdings, the private investment firm of Europe's billionaire Reimann family, has fueled the consolidation wave with a series of deals including Douwe Egberts, Peet's Coffee & Tea and Keurig Green Mountain, narrowing the gap with Nestle. "This global coffee alliance will bring the Starbucks experience to the homes of millions more around the world through the reach and reputation of Nestle," said Starbucks Chief Executive Kevin Johnson. Coffee is popular with millennials who have grown up with Starbucks and often seek out smaller brands. A willingness to pay up for exotic beans and specialty drinks means companies can brew up richer profit margins than in mainstream packaged food. Starbucks plans to use the proceeds to accelerate share buybacks and now expects to return approximately $20 billion in cash to shareholders in the form of share buybacks and dividends through fiscal year 2020, it said. It said the transaction was expected to add to earnings per share by the end of fiscal year 2021 or sooner, with no change to the company's currently stated long-term financial targets. In a separate statement, Nestle said it expected the business to contribute positively to its earnings per share and organic growth targets from 2019. Nestle, which will take on about 500 Starbucks employees as part of the deal, says its ongoing share buyback program would remain unchanged.

Nestle to pay $7.15 billion to Starbucks in coffee tie-up

<p>Listen up, coffee aficionados, add a new caffeine fad to that long list of already existent varieties of coffee and let us all call it the mushroom one.</p>

<p>Mushrooms that have been used medicinally for centuries are one quirky ingredient for coffee.</p>

<p>Apparently, the brand leading the charge is Four Sigmatic. Company's founder, Tero Isokauppila explains health benefits of a variety of mushrooms. He dwelled on the kinds like reishi, a mushroom he says will keep your skin healthy, chaga, which he says is rich in antioxidants, cordyceps, which he says enhances performance, reported the Washington Post.</p>

<p>Not restricted to coffee alone, mushrooms are found in other beverages like shakes and tea as well.</p>

<p>For instance, wellness cafe in Los Angeles, such as Lifehouse Tonics lets you order a "shroom shake" or a lemon juice tea with mushrooms in it, the report said.</p>

<p>The mushroom coffee is purportedly an anti-inflammatory and is supposed to regulate blood sugar levels and boost metabolism.</p>

<p>However, registered dietitian nutritionist and spokeswoman for the Academy of Nutrition and Dietetics Mascha Davis, said, "There is some research showing some beneficial utilities in some mushrooms, but I think some of these companies that want to sell them overstate the benefits."</p>


The mushroom coffee is purportedly an anti-inflammatory and is supposed to regulate blood sugar levels and boost metabolism

Listen up, coffee aficionados, add a new caffeine fad to that long list of already existent varieties of coffee and let us all call it the mushroom one. Mushrooms that have been used medicinally for centuries are one quirky ingredient for coffee. Apparently, the brand leading the charge is Four Sigmatic. Company's founder, Tero Isokauppila explains health benefits of a variety of mushrooms. He dwelled on the kinds like reishi, a mushroom he says will keep your skin healthy, chaga, which he says is rich in antioxidants, cordyceps, which he says enhances performance, reported the Washington Post. Not restricted to coffee alone, mushrooms are found in other beverages like shakes and tea as well. For instance, wellness cafe in Los Angeles, such as Lifehouse Tonics lets you order a "shroom shake" or a lemon juice tea with mushrooms in it, the report said. The mushroom coffee is purportedly an anti-inflammatory and is supposed to regulate blood sugar levels and boost metabolism. However, registered dietitian nutritionist and spokeswoman for the Academy of Nutrition and Dietetics Mascha Davis, said, "There is some research showing some beneficial utilities in some mushrooms, but I think some of these companies that want to sell them overstate the benefits."

Mushroom coffee, a new caffeine fad?

<p>Coffee-lovers in London have another reason to go for their customary cuppa at this London cafe.</p>

<p>The Tea Terrace, London is redefining the art of coffee-making, giving customers the chance to sip on their own self-portraits.</p>

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<p>The cafe, based in House of Fraser&rsquo;s Oxford Street branch, has now become Europe&rsquo;s first to deliver what customers enthusiastically call a &ldquo;Selfieccino,&rdquo; -- coffee with an image of customers&#39; faces on the frothy top.</p>

<p><strong>How does it work?</strong></p>

<p>Customers are required to send their pictures to the cafe and are given a choice between a cappuccino or a hot chocolate as the canvas.&nbsp;</p>

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<p style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;"><a href="https://www.instagram.com/p/Bc4IbJkgAoY/" style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;" target="_blank">A post shared by Shikha S (@whywasteannualleave)</a> on <time datetime="2017-12-19T08:26:22+00:00" style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;">Dec 19, 2017 at 12:26am PST</time></p>
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<p>The image is uploaded to the &quot;Cino&quot; machine, the picture is scanned and reproduced on top of the froth using flavourless food colouring.</p>

<p>The entire process takes around four minutes, the drink costs about 5.75 pounds ($7.5).</p>

<p>Ehab Salem Shouly, the owner of the cafe, notes the significance of Instagram-worthy food.</p>

<p>The food that is served should not only be delicious and palate-appeasing but also &quot;Instagram-worthy&quot;, Shouly was quoted by Reuters.&nbsp;</p>

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<p>Since the drink&#39;s launch on Saturday, the cafe has sold over 400 personalised drinks. The owner now hopes to trademark the term.</p>


The cafe based in House of Fraser?s Oxford Street branch has now become Europe?s first to deliver what customers enthusiastically call a ?Selfieccino?

Coffee-lovers in London have another reason to go for their customary cuppa at this London cafe. The Tea Terrace, London is redefining the art of coffee-making, giving customers the chance to sip on their own self-portraits. A post shared by VINnews (@vosizneias) on Dec 19, 2017 at 10:09am PST × The cafe, based in House of Fraser’s Oxford Street branch, has now become Europe’s first to deliver what customers enthusiastically call a “Selfieccino,” -- coffee with an image of customers' faces on the frothy top. How does it work? Customers are required to send their pictures to the cafe and are given a choice between a cappuccino or a hot chocolate as the canvas. A post shared by Shikha S (@whywasteannualleave) on Dec 19, 2017 at 12:26am PST × The image is uploaded to the "Cino" machine, the picture is scanned and reproduced on top of the froth using flavourless food colouring. The entire process takes around four minutes, the drink costs about 5.75 pounds ($7.5). Ehab Salem Shouly, the owner of the cafe, notes the significance of Instagram-worthy food. The food that is served should not only be delicious and palate-appeasing but also "Instagram-worthy", Shouly was quoted by Reuters. A post shared by Julie Cottereau (@youlieyouyou) on Dec 18, 2017 at 4:55am PST × Since the drink's launch on Saturday, the cafe has sold over 400 personalised drinks. The owner now hopes to trademark the term.

Self-portraits atop your cuppa, this London cafe sells 'Selfieccino'

<p>A city court of Everett in Washington ruled in favour of lingerie-clad servers in baristas, a popular coffee chain Monday.&nbsp;</p>

<p>A judge hearing to the plea said that they should be allowed to serve coffee wearing their desired clothing or lack thereof.&nbsp;</p>

<p>The baristas have been involved in an ongoing tussle with the city since the month of August when officials passed two ordinances barring them from serving steaming hot beverages while scantily-clad. A group of baristas sued the city, claiming the ordinances violated their constitutional rights.</p>

<p>US District Court Judge Marsha Pechman took the sides of the baristas and said&nbsp;that Everett&rsquo;s rules &ldquo;are a likely void for vagueness under the Fourteenth Amendment and the ordinances otherwise fail to provide clear guidance and raise risks of arbitrary enforcement.&rdquo;&#39;</p>

<p>The ordinances in question prohibited exposure of &ldquo;more than one-half of the part of the female breast located below the top of the areola&rdquo; and &ldquo;the genitals, anus, bottom one-half of the anal cleft, or any portion of the areola or nipple of the female breast.&rdquo;</p>

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<p style=" margin:8px 0 0 0; padding:0 4px;"><a href="https://www.instagram.com/p/BZ9bG5Eh3ny/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_blank">Come get a pick me up in Arlington! I&#39;ll be here 12-7, come help me celebrate my birthday weekend ??????</a></p>

<p style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;">A post shared by Candy Girls Espresso (@candygirlsespresso) on <time datetime="2017-10-07T20:11:38+00:00" style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;">Oct 7, 2017 at 1:11pm PDT</time></p>
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<p>Finding references such as &ldquo;anal cleft&rdquo; to be not &ldquo;reasonably understandable,&rdquo; Pechman agreed that such ordinances violated the baristas&rsquo; right to free expression guaranteed by the First Amendment.</p>

<p>While putting the ban&nbsp;in place, the had blamed a &ldquo;proliferation of crimes of a sexual nature occurring at bikini barista stands&rdquo;.</p>

<p>It had further added in its complaint that they found evidence &ldquo;relating to the adverse impacts of the conduct of bikini barista stands&hellip; dressing in a manner that is closely and customarily associated with adult entertainment or adult situations.&rdquo;</p>

<p>Judge Pechman said it wasn&rsquo;t her responsibility to comment on taste or decorum, concluding that: &ldquo;While some customers view the bikinis as &#39;sexualized&#39; to others, they convey particularized values, beliefs, ideas and opinions; namely, body confidence and freedom of choice. Moreover, in certain scenarios, bikinis can convey the very type of political speech that lies at the core of the First Amendment.&rdquo;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>


The baristas went to court to appeal against ban citing 'First Amendment violations'

A city court of Everett in Washington ruled in favour of lingerie-clad servers in baristas, a popular coffee chain Monday. A judge hearing to the plea said that they should be allowed to serve coffee wearing their desired clothing or lack thereof. The baristas have been involved in an ongoing tussle with the city since the month of August when officials passed two ordinances barring them from serving steaming hot beverages while scantily-clad. A group of baristas sued the city, claiming the ordinances violated their constitutional rights. US District Court Judge Marsha Pechman took the sides of the baristas and said that Everett’s rules “are a likely void for vagueness under the Fourteenth Amendment and the ordinances otherwise fail to provide clear guidance and raise risks of arbitrary enforcement.”' The ordinances in question prohibited exposure of “more than one-half of the part of the female breast located below the top of the areola” and “the genitals, anus, bottom one-half of the anal cleft, or any portion of the areola or nipple of the female breast.” Come get a pick me up in Arlington! I'll be here 12-7, come help me celebrate my birthday weekend ?????? A post shared by Candy Girls Espresso (@candygirlsespresso) on Oct 7, 2017 at 1:11pm PDT × Finding references such as “anal cleft” to be not “reasonably understandable,” Pechman agreed that such ordinances violated the baristas’ right to free expression guaranteed by the First Amendment. While putting the ban in place, the had blamed a “proliferation of crimes of a sexual nature occurring at bikini barista stands”. It had further added in its complaint that they found evidence “relating to the adverse impacts of the conduct of bikini barista stands… dressing in a manner that is closely and customarily associated with adult entertainment or adult situations.” Judge Pechman said it wasn’t her responsibility to comment on taste or decorum, concluding that: “While some customers view the bikinis as 'sexualized' to others, they convey particularized values, beliefs, ideas and opinions; namely, body confidence and freedom of choice. Moreover, in certain scenarios, bikinis can convey the very type of political speech that lies at the core of the First Amendment.”

Washington judge rules in favour of 'bare-ristas', says yes for bikini coffee

<p>Art has no limitations and it&#39;s proved yet again by this Korean coffee artist Kangbin Lee.</p>

<p>While those who like to call themselves caffeine-addicted already know that several coffee chains try to experiment while serving a hot piping cup of coffee. But they are nowhere near Lee&#39;s imagination and creativity.</p>

<p>Lee is passionate about his cup of coffee and draws all kinds of things like flowers, animals, rainbows, landcapes and starry mystical nights and more.&nbsp;</p>

<p>Lee&#39;s instagram is worth a watch:</p>

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<p>And here&#39;s a video of him doing his magic:</p>

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<p>Drool much? We&#39;re already planning a visit to Korea.</p>


You would never want to drink it but save and keep

Art has no limitations and it's proved yet again by this Korean coffee artist Kangbin Lee. While those who like to call themselves caffeine-addicted already know that several coffee chains try to experiment while serving a hot piping cup of coffee. But they are nowhere near Lee's imagination and creativity. Lee is passionate about his cup of coffee and draws all kinds of things like flowers, animals, rainbows, landcapes and starry mystical nights and more. Lee's instagram is worth a watch: × × × × × × × × And here's a video of him doing his magic: × Drool much? We're already planning a visit to Korea.

A cup of coffee too 'beautiful' to drink

Indian Company, Tata Sons and Starbucks have finalised multiple new joint initiatives to expand their collaboration at a global level, apart from building the iconic American coffee chain&#39;s brand and business in India.<br />
<br />
The initiatives include sourcing Indian coffee for the US market, introducing the Teavana brand of specialty teas in Indian stores, expanding the market of the Tata-owned mineral water brand, Himalayan, and skilling over 3,000 youths, the companies said.<br />
<br />
Tata Sons chairman Cyrus Mistry met Starbucks chairman and chief executive Howard Schultz last week in Seattle and finalised these initiatives, which will be rolled out by the year-end, the companies said in a joint statement today.<br />
<br />
The two groups have been running Tata Starbucks coffee chain in the country since October 2012 as part of a joint venture (JV).<br />
<br />
The JV operates 80 stores in six key cities, but that is way below the initial target as they had set a target of opening 50 stores in the first year itself. The company has been citing difficulty in getting the right retail location as the main reason for the slower expansion.<br />
<br />
&quot;Starbucks now spans over more than 80 stores across six Indian cities. As we continue on our journey with the Tatas, we are delighted to introduce the finest coffee from India to a new audience,&quot; Shultz said in the statement.<br />
<br />
For the first time, Starbucks will be offering a single-origin coffee from India in the US, sourced from Tata Nullore Estates.&nbsp;Starbucks Reserve Tata Nullore Estates will be the first coffee from India to be roasted at the Starbucks Reserve roastery and tasting room and will be available only at Seattle later this year, the company said.<br />
<br />
&quot;Starbucks shares our commitment to both coffee-growing regions and coffee farmers to ensure we meet the global demand for high-quality coffee over the long term,&quot; Mistry said.<br />
<br />
&quot;Our journey with Starbucks since October 2012 has been gratifying... We are honoured to be sourcing the finest Indian coffee and introducing Starbucks customers outside the country to its quality for the first time,&quot; the Tata Group Chairman said.&nbsp;Starbucks has also announced plans to increase its coffee-roasting capacity for supplying to its stores in the country and, over time, select markets around the globe.<br />
<br />
Tata Coffee, which has a roasting and packaging plant in Coorg, Karnataka since 2013, at present roasts Starbucks India Estates Blend and Espresso Roast coffee. It will soon expand to include both Kenyan and Sumatran coffees for Starbucks stores throughout the country, the companies said.<br />
<br />
Starbucks also announced that it will offer its coffee on Vistara, the joint venture airline of the Tatas and Singapore Airlines, later this year.<br />
<br />
(PTI)

Starbucks will be offering single-origin coffee sourced from Tata Nullore Estates in the US

Indian Company, Tata Sons and Starbucks have finalised multiple new joint initiatives to expand their collaboration at a global level, apart from building the iconic American coffee chain's brand and business in India. The initiatives include sourcing Indian coffee for the US market, introducing the Teavana brand of specialty teas in Indian stores, expanding the market of the Tata-owned mineral water brand, Himalayan, and skilling over 3,000 youths, the companies said. Tata Sons chairman Cyrus Mistry met Starbucks chairman and chief executive Howard Schultz last week in Seattle and finalised these initiatives, which will be rolled out by the year-end, the companies said in a joint statement today. The two groups have been running Tata Starbucks coffee chain in the country since October 2012 as part of a joint venture (JV). The JV operates 80 stores in six key cities, but that is way below the initial target as they had set a target of opening 50 stores in the first year itself. The company has been citing difficulty in getting the right retail location as the main reason for the slower expansion. "Starbucks now spans over more than 80 stores across six Indian cities. As we continue on our journey with the Tatas, we are delighted to introduce the finest coffee from India to a new audience," Shultz said in the statement. For the first time, Starbucks will be offering a single-origin coffee from India in the US, sourced from Tata Nullore Estates. Starbucks Reserve Tata Nullore Estates will be the first coffee from India to be roasted at the Starbucks Reserve roastery and tasting room and will be available only at Seattle later this year, the company said. "Starbucks shares our commitment to both coffee-growing regions and coffee farmers to ensure we meet the global demand for high-quality coffee over the long term," Mistry said. "Our journey with Starbucks since October 2012 has been gratifying... We are honoured to be sourcing the finest Indian coffee and introducing Starbucks customers outside the country to its quality for the first time," the Tata Group Chairman said. Starbucks has also announced plans to increase its coffee-roasting capacity for supplying to its stores in the country and, over time, select markets around the globe. Tata Coffee, which has a roasting and packaging plant in Coorg, Karnataka since 2013, at present roasts Starbucks India Estates Blend and Espresso Roast coffee. It will soon expand to include both Kenyan and Sumatran coffees for Starbucks stores throughout the country, the companies said. Starbucks also announced that it will offer its coffee on Vistara, the joint venture airline of the Tatas and Singapore Airlines, later this year. (PTI)

India's Tata Sons and America's Starbucks to boost synergy with new global initiatives

<p>There is no conclusive evidence that drinking coffee causes cancer&nbsp;but&nbsp;all &quot;very hot&quot; drinks are probably carcinogenic,&nbsp;the World Health Organization&#39;s cancer agency said&nbsp;as it downgraded&nbsp;its warning.<br />
<br />
The International Agency for Research on Cancer (IARC) had previously rated coffee as &quot;possibly carcinogenic&quot; but has changed its mind. On Wednesday it will say its latest review found &quot;no conclusive evidence for a carcinogenic effect&quot;.<br />
<br />
At the same time, however, it will say other scientific evidence suggests that drinking anything very hot - around 65 degrees Celsius or above - including water, coffee, tea and other beverages, probably does cause cancer of the oesophagus.<br />
<br />
Lyon-based IARC, which last year prompted headlines worldwide by saying processed meat can cause cancer, reached its conclusions after reviewing more than 1,000 scientific studies in humans and animals. There was inadequate evidence for coffee to be classified as either carcinogenic or not carcinogenic.<br />
<br />
It had previously put coffee as a &quot;possible carcinogen&quot; in its 2B category alongside chloroform, lead and many other substances.<br />
<br />
The US&nbsp;National Coffee Association welcomed the change in IARC&#39;s classification as &quot;great news for coffee drinkers&quot;.</p>


Still, The International Agency for Research on Cancer removed coffee from the list of 'possible' carcinogens, like lead and chloroform

There is no conclusive evidence that drinking coffee causes cancer but all "very hot" drinks are probably carcinogenic, the World Health Organization's cancer agency said as it downgraded its warning. The International Agency for Research on Cancer (IARC) had previously rated coffee as "possibly carcinogenic" but has changed its mind. On Wednesday it will say its latest review found "no conclusive evidence for a carcinogenic effect". At the same time, however, it will say other scientific evidence suggests that drinking anything very hot - around 65 degrees Celsius or above - including water, coffee, tea and other beverages, probably does cause cancer of the oesophagus. Lyon-based IARC, which last year prompted headlines worldwide by saying processed meat can cause cancer, reached its conclusions after reviewing more than 1,000 scientific studies in humans and animals. There was inadequate evidence for coffee to be classified as either carcinogenic or not carcinogenic. It had previously put coffee as a "possible carcinogen" in its 2B category alongside chloroform, lead and many other substances. The US National Coffee Association welcomed the change in IARC's classification as "great news for coffee drinkers".

Can coffee cause cancer? Not really! Unless it's very hot, then scientists say it might

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