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Starbucks China stake sale may fund turnaround, says Bernstein
A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.
Stocktwits on MSN15h
Is Starbucks China Really Worth $10B? Why Analysts Feel Rumored Valuation Is A Bit Too Rich
Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...
Cryptopolitan on MSN8h
China’s deflation headache worsens as intense price wars escalate
A report by Natixis, mentioned by CNBC, examined 2,500 publicly traded firms in China. It found that while unit sales climb, ...
China's deflationary slide is worsening as companies spiral into price wars
From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to ...
TechNode14h
Starbucks China stake sale draws bids valuing business up to $10 billion
Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...
CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates
Donald Trump’s budget chief accused Jerome Powell of shooting over the budget to renovate the Fed’s headquarters by roughly ...
CNBC Daily Open: Building renovations might be another front in Trump's attacks on Powell
Donald Trump’s budget chief accused Jerome Powell of shooting over the budget to renovate the Fed’s headquarters by roughly ...