Luckin Coffee beat Starbucks in China. It’s now taking its playbook overseas to markets like Malaysia
Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in China revenue and store count.
Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in China revenue and store count.
The income investing landscape is in the midst of major change. Although inflation is widely expected to remain above the Bank of England’s 2pc target for longer, due in part to the impact of the October Budget, it should still be low enough for further interest rate cuts to be implemented over the coming months.
(Bloomberg) -- Analysts see China’s latest initiatives injecting at least 1 trillion yuan ($138 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by JPMorgan Chase & Co. totaling 13 trillion yuan over three years.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination fo
Shares in Electronic Arts traded tumbled Thursday after the video game publisher slashed its bookings outlook for fiscal 2025 amid softening demand for its sports games, including its prominent soccer franchise. Monitor these important chart levels.
TOKYO (Reuters) -Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels. The data on Friday comes hours before the Bank of Japan concludes its two-day policy meeting, when it is expected to raise short-term interest rates to 0.5% from 0.25%. The increase in the core consumer price index (CPI), which excludes the impact of volatile fresh food prices, matched a median market forecast and followed a 2.7% gain in November.
Vio Bank is the online division of MidFirst bank and offers high-yield deposit accounts. Learn about Vio Bank’s products, fees, rates, and more with this in-depth review.
Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand driven by AI after President Trump announced a $500 billion AI infrastructure project.
Stocks were mixed on Thursday, with momentum stalling after the S&P 500 closed near record highs on Wednesday. Investors parsed fresh jobless claims data.
(Bloomberg) -- A late-day rebound in technology companies helped drive stocks to all-time highs, extending an advance fueled by President Donald Trump’s call for lower oil prices and interest rates.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Alm
(Bloomberg) -- Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHo