(Dave Bedard photo)

Burger King, Tim Hortons reach deal on marriage

Two days after confirming their talks on the idea, Canada’s biggest quick-service restaurant (QSR) chain and the world’s second-biggest burger chain have lined up their US$15.5 billion merger deal. Burger King Worldwide and Tim Hortons on Tuesday announced a “definitive agreement” to combine the world’s fourth- and eighth-biggest QSR firms into the No. 3 spot, […] Read more

(Dave Bedard photo)

Burger King throne would move north in Timmy’s merger

The world’s second-biggest burger chain is in talks with Canada’s biggest quick-service chain on a merger into a new Canadian-based company. Burger King Worldwide and Tim Hortons confirmed their talks Sunday, following a report in that day’s Wall Street Journal. The U.S. paper reported the Miami-based burger firm plans a “tax inversion” deal to move […] Read more





Russia ban offers big opportunity for Brazil

Sao Paulo/Brasilia | Reuters — Russia’s ban on many western food products presents a massive opportunity for meat and grain exports from agricultural powerhouse Brazil and a smaller one for its Latin American neighbours. Around 90 new meat plants in Brazil were immediately approved to export beef, chicken and pork to Russia and the South […] Read more



(Dave Bedard photo)

Cargill Q4 profit falls on exchange rate loss

Reuters — Top global commodities trader Cargill said Thursday its quarterly earnings fell as drought limited farm services opportunities in the U.S. and due to a loss stemming from the drop in the value of Venezuela’s currency. Minneapolis-based Cargill was also stung by elevated rail shipping costs and railcar shortages in the northern U.S. Plains […] Read more