coffee
Lavazza, which already owns some 20% of IVS shares, has offered to buy the rest from other investors at €7.15 per share, offering an 11% premium compared to Monday's closing price. If the sale goes ahead, Lavazza will own an extra 28.36% of IVS, meaning IVS would be removed from the stock exchange. The buyout offer, valuing IVS at €647 million, is the result of a previous agreement Lavazza made with IVS's majority shareholder, giving the Turin-based coffee giant the possibility of assuming full control of IVS starting in 2027. "The structure of the operation, in the event that, starting from 2...
Euronews (English)
An artisan roastery based in the Finnish capital has introduced a coffee blend that has been developed by artificial intelligence in a trial in which it’s hoped that technology can ease the workload in a sector that traditionally prides itself on manual work. It is only apt that the Helsinki-based Kaffa Roastery’s “AI-conic” blend was launched in Finland, a Nordic nation of 5.6 million that consumes the most coffee in the world at 12 kilograms per capita annually, according to the International Coffee Organization. The blend — an AI-picked mixture with four types of beans dominated by Brazil’s...
Euronews (English)
An estimated six million tonnes of used coffee grounds are created annually. Most go to landfill, generating methane and CO2, or are incinerated for energy. It’s an obvious waste of a byproduct still rich in compounds (if not flavour). On a domestic level, try directing your cafetiere contents to your garden, not your bin: used coffee grounds are excellent as an addition to home compost bins and wormeries, a mulch for roses and a deterrent to snails. And on a global scale, science might have the answer. A new study in the Journal of Chemical Technology and Biotechnology suggests that used coff...
Euronews (English)
While you wait with bated breath for our full Oscar predictions, Digital PR firm Storible has released its new Oscar prediction based on an unexpected factor: Coffee. By collecting the films with coffee features and the number of coffee scenes in each film, the company has ascertained that the presence of cups of joe may be a more significant predictor than previously thought. According to their perfectly blended research, coffee appears in one-third of Oscar winners, and each coffee scene boosts a film's Oscar chances by precisely 26.52%. Based on the number of coffee appearances, Storible ha...
Euronews (English)
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