Starbucks has been outclassed by local rivals in China

Coffee giant would benefit from a helping hand from a local partner

World - Financial Times - Yesterday

Ranger scores as Kettering upset local rivals Northampton

Watch highlights as Kettering Town secure a famous upset against local rivals Northampton Town, winning 2-1 in the first round of the FA Cup at Sixfields Stadium.

Why China is betting on local governments to spur the economy

Fiscal package falls short of market hopes as Beijing braces for Trump tariffs

World - Financial Times - November 11

Local government has become a chokehold for Chinese business

Beijing is promising change, but it comes at an unsettling price

World - Financial Times - October 28

China’s largest coffee chain plans to take on Starbucks in US

Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined

Business - Financial Times - October 29

Starbucks’ China business is struggling. Here’s how the company may give it a jolt.

Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.

Business - MarketWatch - 5 days ago

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.

Business - The New York Times - November 8

China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures

Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.

World - The Wall Street Journal - November 8

China unveils 10tn yuan support for debt-stricken local government

Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...

World - The Guardian - November 8

Taiwan president will visit allies in South Pacific as rival China seeks inroads

Taiwanese President Lai Ching-te will visit the self-governing island’s allies in the South Pacific, where rival China has been seeking diplomatic inroads

World - ABC News - 5 days ago

BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War

China’s electric vehicle market is the world’s largest — and also its most cutthroat, with dozens of brands jostling for position.

Business - The New York Times - 2 hours ago

Local authorities in northern Israel say 5 people have been killed by projectiles fired from Lebanon

World - ABC News - October 31

Kate has been amazing, Prince William says

Catherine is doing "really well" says Prince William, as she recovers after cancer treatment.

Why has the UK weather been so gloomy lately?

Elizabeth Rizzini and Darren Bett look at why our weather is so gloomy at the moment and ponder when things might change.

A "New Chapter" For Shenmue 3 Has Been Teased

Inin Games and Ys Net have announced that they received the publishing rights for Shenmue 3 from the game's previous publisher, Deep Silver. Inin Games has also teased more plans for Shenmue 3.. ...

Tech - GameSpot - 6 days ago

49ers lacked offensive pulse without their 'system' QB and blowout loss to Green Bay was final nail in Niners' 2024 season

Let this be the standard that ends all talk about Kyle Shanahan being able to make it work with any QB in his scheme. It’s a fallacy that has been proven before, but also conveniently forgotten.

Sports - Yahoo Sports - 2 days ago

'As open as it has ever been' - is this the tightest Premier League?

Liverpool are eight points clear at the top, but below them just one point separates second to fifth in what appears an open race to finish in the European spots.

China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

Business - CNBC - November 8

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - November 8

China's president will unveil a megaport in Peru, but locals say they're being left out

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco

World - ABC News - November 14

Starbucks’ new CEO has diagnosed its problems. Analysts say the solutions could get expensive.

Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.

Business - MarketWatch - November 1

Starbucks turnaround plan has ‘merit’ but its unknown cost makes the stock a ‘sell,’ analyst says

Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.

Business - MarketWatch - November 13

‘It was obvious I wasn’t in Kansas anymore’: My local bank has no cashiers — and declined to accept my money. What’s going on?

“I’ll be looking for a new bank next week.”

Business - MarketWatch - November 5

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