Trends - Starbucks - Business Recorder

Starbucks

China’s state media praise some US firms amid fears of a new trade war

BEIJING: China’s state media have praised some US firms for “strong collaboration” - commentary that comes amid...

Published 28 Nov, 2024 10:14am

Business & Finance

Starbucks weighs strategic partnerships for China operations

Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media...

Published 21 Nov, 2024 01:05pm

Business & Finance

Starbucks preliminary results show declining sales

NEW YORK: US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to...

Published 23 Oct, 2024 12:38pm

Pakistan

SC dismisses appeal: Options Int’l deposits Rs6m penalty into national treasury

ISLAMABAD: Following the Supreme Court of Pakistan, dismissed its appeal, M/s Options International deposited the ...

Published 16 Aug, 2024 06:56am

Business & Finance

Fraudulent use of Int’l trademark: CAT dismisses appeal filed by M/s Options

ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by M/s Options International...

Published 01 Jun, 2024 06:59am

Business & Finance

In China, Starbucks tries to avoid price war but gets dragged into discounting

SHANGHAI: As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have...

Published 27 May, 2024 10:26am

Opinion

Reimagining corporate affairs

The outside department. The palm greasers. The scam controllers. The ghost busters. These were some informal...

Published 24 Apr, 2024 03:50am

Business & Finance

Consumer boycott: Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs, sources say

DUBAI: Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay...

Updated 06 Mar, 2024 02:50pm

Business & Finance

Starbucks’ India arm plans to operate 1,000 cafes by 2028

Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, said on Tuesday it plans to operate...

Published 09 Jan, 2024 01:18pm

Life & Style

China’s new thirst for coffee spurs cut-throat cafe competition

SHANGHAI: Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign...

Published 29 Dec, 2023 04:49pm

Life & Style

Under pressure: Starbucks CEO says protestors ‘influenced by misrepresentation on social media’

Starbucks CEO Laxman Narasimhan said people protesting against the company over its stance on the Israel war have...

Published 22 Dec, 2023 08:38pm

Business & Finance

Former Starbucks CEO Schultz steps down from board

NEW YORK: Starbucks said Wednesday its former chief executive Howard Schultz will step down from the coffee chain’s...

Published 14 Sep, 2023 11:44am

Business & Finance

Starbucks profit rises despite hit from China

NEW YORK: Starbucks reported higher quarterly profits Thursday, fueled by solid North American growth that...

Published 03 Feb, 2023 11:46am

World

Starbucks staff go on strike in US stores over labor talks

NEW YORK: Starbucks workers in the United States went on strike at multiple unionized locations Thursday, a move...

Published 21 Nov, 2022 07:40am

Business & Finance

Starbucks reports record sales but lower profits on weak China

NEW YORK: Starbucks reported record quarterly revenues Thursday behind a strong US performance, but weak China...

Published 07 Nov, 2022 07:13am

Life & Style

Starbucks plans to tap young, wealthy customers to weather recession

Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will...

Published 04 Nov, 2022 05:52pm

Technology

Store workers vote to form first US Apple union

SAN FRANCISCO: A majority of employees at a US Apple store have voted to form the tech giant’s first union, in the...

Published 19 Jun, 2022 10:31am

Opinion

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide ...

Published 27 May, 2022 05:50am

Markets

Starbucks to exit Russia after nearly 15 years

Starbucks Corp said on Monday it will exit the Russian market after nearly 15 years as the coffee chain joins...

Published 23 May, 2022 06:29pm

Business & Finance

Starbucks reports higher profits, but Omicron adds costs

NEW YORK: Starbucks reported higher quarterly profits Tuesday, but said an unexpectedly costly hit from the latest...

Published 02 Feb, 2022 10:05am

Markets

Starbucks expands delivery services in China with Meituan tie-up

BEIJING: Starbucks said on Tuesday it has entered into a partnership with China's Meituan that will allow its ...

Published 18 Jan, 2022 10:34am

Markets

Starbucks to nearly double spending with diverse suppliers by 2030

NEW YORK: Starbucks Corp will nearly double its spending with suppliers and vendors from underrepresented groups in...

Published 11 Jan, 2022 07:08pm

Business & Finance

Starbucks profits up despite China hit due to Covid-19

NEW YORK: Starbucks reported a jump in quarterly earnings Thursday following higher sales in the United States and...

Published 01 Nov, 2021 05:02am

Markets

Brazil's 2021 coffee crop forecast cut to 56.5mn bags

Safras now expects the harvest of arabica beans to reach 34.7 million bags versus 35.2 million bags previously. Compared to last year's crop, the reduction on arabica production is 31%.
The consultancy adjusted slightly upwards its projection for robusta coffee production in Brazil by 100,000 bags to 21.8 million bags. The Brazilian robusta crop is seen growing 12% from last year.

Published 20 May, 2021 09:02pm

World

New Walgreens CEO is sole Black female Fortune 500 leader

The Wall Street Journal said there are just four Black male CEOs of Fortune 500 companies -- a ranking of America's largest 500 companies.

Published 27 Jan, 2021 10:42am

World

China's Xi pens letter to Starbucks tycoon to promote trade

US-China ties have grown increasingly strained under the administration of Donald Trump.

Published 14 Jan, 2021 06:01pm

World

China's Xi asks Starbucks' Schultz to help promote US-China cooperation

State broadcaster CCTV said Xi made the remarks in a message when replying to Schultz.

Published 14 Jan, 2021 11:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	277.92
USD PKR Interbank Buying / Dec 3	277.72
USD to Japanese Yen / Dec 3	150.01
USD to Swiss Franc / Dec 3	0.89
Pound Sterling to USD / Dec 3	1.27
Euro to USD / Dec 3	1.05

Stock	Volume
S&P 500 / Dec 2	6,047.15
Nasdaq / Dec 2	19,403.95
Dow Jones / Dec 2	44,782
India Sensex / Dec 3	80,853.10
Tokyo Nikkei / Dec 3	39,248.86
Hang Seng / Dec 3	19,694.44
FTSE 100 / Dec 3	8,345.09
Germany DAX 30 / Dec 3	20,011.64

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Petrol/Litre / Dec 3	252.10
Crude Oil USD/Barrel / Dec 3	68.37
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Gold Spot USD/Ounce / Dec 3	2,645.88
Diesel/Litre / Dec 3	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Starbucks

Most Popular