In recent years, the coffee giant has seen its sales in China plummet.
Blog
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Trump and Musk tell New York to ‘vote’ Cuomo over Mamdani on eve of mayoral election
President Trump also threatened to withhold federal funds from New York if Zohran Mamdani, a democratic socialist, wins Tuesday’s election.
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Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Palantir’s earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.
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Starmer fuels expectations of income tax rise in the Budget
Prime minister tells Labour MPs he will reduce Britain’s national debt without making deep spending cuts
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Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.
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Amazon closes at record after $38 billion OpenAI deal with AWS
OpenAI will immediately begin tapping Nvidia’s AI processors using infrastructure from Amazon Web Services.
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Ørsted to sell half of world’s largest offshore wind farm to Apollo in $6.5bn deal
Investment in project off UK’s coast boosts Danish developer battling rising costs and political challenges
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Third-quarter earnings are indicating a divided economy
Quarterly earnings reports from consumer companies are increasingly showing how consumers are diverging in their spending.