Starbucks

At least 18 Injured After Van Slams into Pedestrians in Shanghai

A van ploughed into pedestrians after veering onto a crowded sidewalk in a busy area of central Shanghai on Friday (Feb 2), leaving at least 18 people injured, three of them seriously, city authorities said.

The incident occurred at People's Park in the heart of the city around 9am, when crowds of residents would have been on their way to work.

Which countries prefer coffee-to-go? (infographic)

Some people enjoy waking up early and brewing the perfect cup of coffee before they leave for work. Others prefer lying in bed a little bit longer and grabbing a coffee-to-go during their morning commute. Coffee-to-go has grown in popularity across the globe in recent years, though the amount people drink still depends heavily on their country of residence.

Starbucks takes full control of China stores in $1.3 bn deal

U.S. coffee chain Starbucks has announced it will take full control of its mainland China outlets in a $1.3 billion deal, the largest single acquisition in the company's history.

It will buy the remaining 50 percent of its East China joint venture from Taiwan's food and beverage giant Uni-President, according to a company statement issued on July 27.

Faecal Bacteria Found in Ice From Three Major UK Coffee Chains

Ice from three of the UK's biggest coffee chains has been found to contain bacteria from faeces, according to a BBC investigation, quoted by BTV. 

Samples of iced drinks from Costa Coffee, Starbucks and Caffe Nero contained varying levels of the bacteria, the BBC's Watchdog found.

Expert Tony Lewis said the levels found were "concerning".

Starbucks to hire 2,500 refugees to serve Europeans coffee

American coffeehouse chain Starbucks said on Tuesday it would employ 2,500 refugees in its European stores by 2022. It is a part of a global program to provide jobs for refugees announced in January.

The company said the European jobs would be part of Starbucks' commitment to hiring 10,000 refugees around the world.

EU To Put End To Tax Avoidance by MNCs

The Finance Ministers of EU member-states have agreed to close loopholes in tax legislation allowing multinational companies to avoid paying taxes on dividends, reported Reuters.

The agreement is a step in the direction of terminating the practice of companies declaring their taxes where they find it most expedient to pay taxes.

Starbucks closes first store opened in Turkey

Coffee giant Starbucks has closed the shutters of its first store ever opened in Turkey, on the upscale Bağdat Avenue on Istanbul's Asian side, daily Sözcü has reported.

An official from Starbucks Turkey said the coffee store in the Erenköy neighborhood was closed after 13 years due to physical limitations and infrastructure problems.

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