Bloomberg Jollibee Foods Corp. targets to open at least 100 stores in China next year, said its CEO, who sees lockdowns as a “temporary setback” to the Philippine fast-food chain’s target of getting half of sales from abroad. With food delivery expected to drive growth, the Philippine company that’s known for dishes like fried chicken and sweet spaghetti targets ...

  Bloomberg The world’s largest maker of bulk chocolate is boosting production capacity in the Americas to meet rising demand from the ice cream industry. Barry Callebaut AG, whose clients include Nestle SA and Mars Inc., plans to increase factory capacity in the region by 15% in the next 18 to 20 months, said Steve Woolley, the company’s president for ...

  Bloomberg The US is stocking up on Brazilian orange juice after Hurricane Ian and disease devastated citrus groves in Florida, the top producing state for the popular breakfast beverage. Shipments to the US from the world’s top exporter are up 58% in the first four months of the season from a year ago, hitting a record 112,500 metric tons ...