News

Starbucks is in the spotlight as the hunt for a partner in China continues
The Seattle-based company is expected to retain a majority ownership position in the China business. Stifel analyst Chris ...
Cryptopolitan9h
China’s deflation headache worsens as intense price wars escalate
A report by Natixis, mentioned by CNBC, examined 2,500 publicly traded firms in China. It found that while unit sales climb, ...
Starbucks China stake sale may fund turnaround, says Bernstein
A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.
Patrick Mahomes is investing in his love for coffee — and isn't thrilled about an 18-game season
Patrick Mahomes talked about his Throne Coffee investment, his sports business interests and the upcoming football season.
China's deflationary slide is worsening as companies spiral into price wars
From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to ...
China's ‘instant commerce' price war sees $0.30 drinks and billions in subsidies doled out
China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...
TechNode15h
Starbucks China stake sale draws bids valuing business up to $10 billion
Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...
CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates
Donald Trump’s budget chief accused Jerome Powell of shooting over the budget to renovate the Fed’s headquarters by roughly ...
Stocktwits on MSN17h
Is Starbucks China Really Worth $10B? Why Analysts Feel Rumored Valuation Is A Bit Too Rich
Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...