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Starbucksi

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. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX. 

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  • The Malaysian operator of the fast food giant said it would not pursue its US$1.27 million lawsuit against the local chapter of the BDS movement
  • McDonald’s Malaysia had claimed that the boycotters had slandered its business and implied it had profited from the assault on Palestinians and conspired with Israel

McDonald’s Malaysia claims BDS Malaysia slandered its business and implied it had profited from the assault on Palestinians and conspired with Israel.

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The US coffee chain’s local franchise, run by Malaysian tycoon Vincent Tan’s Berjaya Food, has seen its revenues plunge as customers stay away amid accusations its parent company supports Israel.

Malaysia’s social media users mostly panned Starbucks Malaysia’s statement, with some saying that a neutral stance was as good as supporting Israel.

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The outlet opened in Guri on Friday, with a cafe on the first floor and a pet one on the second floor, as pet-owning households now make up more than 25 per cent of the country’s homes.

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China’s rapidly growing coffee consumption is spurring cutthroat competition between local and foreign chains, which are opening shops at breakneck speed, overtaking the number of outlets in the US.

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International efforts to reduce greenhouse gas emissions from the food sector are falling well below what is needed for the world to achieve its climate goals, according to the head of The Nature Conservancy.

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Starbucks released its Pumpkin Spice Latte in autumn 2003, playing on nostalgia and the powerful link between smell and memory. It was a huge success, and the seasonal drink is still a bestseller.

Luckin Coffee opened 1,137 stores in the first quarter, beating Starbucks, which opened 153 and trails the domestic chain by more than 3,700 locations.

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US-China Business Council vice-president Douglas Barry expects 2023 to be a very difficult year ahead for American firms looking to do business in China.

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The first products will be available on Freshippo’s app and more than 300 bricks-and-mortar stores across 27 Chinese cities starting December.

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Starbucks opened its 6,000th China store in September, but faces new domestic and international rivals in a saturated market where the pandemic altered the competitive dynamics.

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Pumpkin spice began life as a pumpkin pie enhancer in 1934. Nearly 20 years ago, it made its debut at Starbucks in the Pumpkin Spice Latte and now it’s seen as the herald of autumn.

The coffee chain franchise discovered ‘some unauthorised access’ to names, numbers, addresses, gender and dates of birth but said no credit card details were taken as it does not store them.

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The annual list of new words added to the Merriam-Webster dictionary is out, and among them are 9 food words, including banh mi – a Vietnamese sandwich – and omakase, Japanese for chef’s menu.

In late May, Starbucks said it would exit Russia after nearly 15 years. The Seattle-based company had 130 stores in Russia with nearly 2,000 employees in the country.

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Famous for its tea, Pu’er in Yunnan has become China’s coffee capital, not only supplying roasters such as Nestlé and Starbucks but producing high-quality speciality beans.

Nike is making a full exit from Russia three months after suspending its operations there, as the pace of Western companies leaving the country accelerates.

US coffee chain Starbucks has been thrust into the social media spotlight again in China after one of its outlets was found to be stocking expired coffee powder. The company has faced a series of scandals over the past year.

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