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Starbucks profits drop amid weakening consumer sentiment

Starbucks posted lower profits on decreased sales, attributing the decline to weakening consumer sentiment and challenging conditions in China. CEO Laxman Narasimhan expressed disappointment, citing adverse weather in the US…

Business
Great time for Britain to join Indian growth gravy train, say business leaders
Business
India an incredibly exciting market, says Apple CEO
Business
ArcelorMittal Q1 net income falls
Business
Fired Societe Generale trader blames bosses
Business
India’s Adani Ports reports 76 per cent profit surge in Q4
Business
Vedanta plans to invest £16bn in India
Business
Asda takes over another petrol station in Slough
Business
OECD cuts UK growth forecast, warns of inflation
Business
India’s Godrej family splits business empire into two groups
Business
Gold demand strongest since 2016: World Gold Council
Business
Shares of India’s BSE tumble as regulator demands higher fees
Business
Tata Steel to close blast furnaces at Port Talbot plant
Business
India factory plans in limbo as Tesla shifts focus
Business
Goldman Sachs hires top bankers for India dealmaking roles: Report
Business
Barclays logs lower profit as mortgage lending weakens
Business
Modi has done an unbelievable job: JPMorgan CEO
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Tesla profits tumble 55 per cent amid sales pressure
Business
Duke of Gloucester visits Regal House
Business
Asda’s finance chief dismisses sale rumours
Business
Deep Valecha’s Regent group to acquire TClarke for £90.56m
Business
Reliance sees double-digit revenue surge
Business
FCA chief prioritises big tech in financial sector
Business
TDR Capital nears acquisition of Zuber Issa’s Asda stake
Business
Iran-Israel conflict: European shares pare losses
Business
Meta releases upgraded AI assistant Llama 3
Business
India seeks carbon tax exemption in trade talks: report
Business
Infosys Q4 net soars 30 per cent, revenue up 1.3 per cent
Business
New Asda for Salisbury approved by Wiltshire council
Business
Public has pessimistic view on AI, 52% are nervous of using it: Study
Business
Airtel to merge Sri Lanka operations with Dialog Axiata
Business
Setback for Colombo as talks falter over debt restructuring
Business
Not just Tesla, Starlink and X also on agenda during Musk’s India visit
Business
Essar Group firm appoints Rob Wallace as CEO
Business
India’s unemployment rate to decline by 2028: report
Business
India’s rising billionaire heirs geared up to make their mark
Business
UK pursues ‘ambitious’ trade deal with India as talks resume
Business
IMF raises India’s growth forecast to 6.8 per cent
Business
Tesla laying off 10 per cent staff
Business
Asian students use AI more than their peers
Business
UK unemployment rises to 4.2 per cent as jobs market cools
Business
Tesla signs deal with Tata Electronics for semiconductor chips: Report
Business
Women quitting tech jobs worldwide due to gender disparity
Business
Fortress Investment Group acquires Poundstretcher
Business
AI, cloud contracts push TCS profits up
EUROPE
Man stabs two in France over drinking alcohol during Eid
Business
Tata Steel workers in Wales vote to strike over job cuts
Business
Economy grows slightly in February, fuels recovery hopes
Business
‘Looking forward to meeting Modi’: Musk confirms India visit
SRI LANKA
Sri Lanka’s Wickremesinghe likely to contest poll under new symbol
Business
Air India to send pilots on deputation to Vistara
Business
Tesco’s profits soar as inflation eases
Business
Cost-of-living crisis: FCA survey reveals improvement in financial struggles
Business
JLR retail sales up on strong demand
Business
Ola to exit UK, New Zealand, Australia; to focus on India
Business
Zuber Issa to step down as EG Group CEO
Business
MakeMyTrip expands accessibility to over 150 countries
Business
DeepMind cofounder to lead Microsoft’s London AI hub
Business
Pegatron to sell its India-based iPhone plant to Tata
Business
Chandrayaan success propels Ramesh Kunhikannan to billionaire status
Business
Pakistan seeks bids for majority stake in airline
Business
Asda posts flat growth, market share shrinks
Business
British billionaire Joe Lewis avoids jail in insider trading case, fined £4 million
Business
India’s central bank holds interest rates
Business
Air India revamps loyalty programme
Business
Virgin Atlantic announces fifth direct flight to India
Business
Elon Musk’s Tesla to scout sites in India for $3 billion EV plant: Report
Business
‘Role models and equal pay can drive more Asian women to IT’
NEWS
Bangladesh’s hijra community embraced at new mosque
Business
Days of the superhero leader are behind us, says Chanel’s Leena Nair
Business
India’s Savitri Jindal among world’s richest women
Business
ECB chief denies plans to cut first-class counties as ‘conspiracy theory’
Business
Indian economy to grow at 7.5 per cent this year, predicts World Bank
Business
UK house prices see biggest rise since December 2022, says report
Business
Rentokil to buy Indian pest control firm HiCare
Business
VAT relief for small businesses comes into effect
Business
Bankman-Fried’s former aides await sentences
Business
‘NHS waiting times can be slashed by getting surgeries done in India’
Business
Blue Orchid Hospitality wins LUXlife magazine award
Business
Dhamija urges diaspora to believe in ‘Indian century’
Business
Many unaware of changes in flexible working norms: Survey

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