Starbucks reported higher quarterly profit that matched Wall Street estimates and it raised its full-year earnings forecast.
Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX.
Coffee lovers in China will be excited to hear about a major new initiative by Nestle to grow coffee beans in southwestern Yunnan province, in the latest challenge to the nation's traditional tea-...
Australia runs hot while India chills
Chances are you received a few gift cards this Christmas. Or perhaps you are guilty of gifting a few yourself. Sure, your teenage niece may be impossible to buy presents for, or you ended up...
Police's holistic scheme fights animal cruelty
I refer to Ms Iris Ma's letter ("Set up police unit to curb animal abuse", December 3) and the article by Ms Patsy Moy ("Police unit urged...
250b yuan in daily trading on HK system
A committee of UK lawmakers has called on government to crack down on multinational companies that make substantial sales in Britain but pay little tax here, echoing demands from leaders across...
Following on from its fundraising sales for Unicef last year, Starbucks Hong Kong is doing another charity effort, this time in support Po Leung Kuk's special children development fund.
Coffee giant Starbucks is advancing its growth plans in China with the opening of its 100th store in Beijing and 800 more in the next three years.
On ATV protesting over new free-to-air licences:
British lawmakers grilled global coffee giant Starbucks over its tax policies on Monday, arguing that claims that its British division was unprofitable “just doesn’t ring true”.