Showing 1 - 10 of 98
Starbucks $1 billion restructuring to close stores, cut jobs
Bloomberg News, Published on 25/09/2025
» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.
Nestle sacks CEO over office relationship
AFP, Published on 02/09/2025
» GENEVA — Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".
Starbucks to shift to 4-day work from office from three, says CEO
Reuters, Published on 15/07/2025
» Starbucks CEO Brian Niccol said the coffee giant will require many of its employees to work out of office for a minimum four days a week, from the current three, as part of a new policy expected to kick in later this year.
Americans cash out on gold as Asian investors bulk up
Bloomberg News, Published on 28/06/2025
» Americans who once snapped up gold bars and coins are offloading the assets while their Asian counterparts show no letup in buying, a sign that investors on opposite sides of the world have different outlooks on the global economy.
Starbucks denies plans of full China sale as business stalls
Bloomberg, Published on 26/06/2025
» Starbucks said it’s not currently considering a full sale of its China business, disputing a report from Caixin Global that had sent the shares higher in late trading, as the coffee giant battles cheaper local rivals in its second-biggest market.
Asian currencies surge on weaker dollar, oil falls
Bloomberg, Published on 05/05/2025
» Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output.
Boeing ready to resell jets as tariffs hit China trade
Reuters, Published on 24/04/2025
» Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the United States rather than store it without willing buyers.
Trump hosting White House crypto summit
AFP, Published on 07/03/2025
» WASHINGTON - Donald Trump is preparing to host top cryptocurrency players at the White House on Friday, a political boost for an industry that has struggled to gain legitimacy — and where the Republican president faces conflict of interest concerns.
Amazon's plan to tackle Temu, Shein? Sell more toothpaste
Reuters, Published on 01/11/2024
» NEW YORK - Amazon's push to offer more everyday essentials like toothpaste is hurting its average selling prices, but it is also a guard against rivals such as Temu and Shein that offer rock bottom prices on goods they ship from China.
Donald Trump promotes new crypto business
The New York Times, Published on 17/09/2024
» A day after an apparent assassination attempt, former US president Donald Trump appeared on an online livestream Monday to champion his latest business venture: cryptocurrencies.