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Transcripts For BBCNEWS Asia 20240704

Michelle fleury has more. Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor

To aa plusGovernment debt burdenCredit ratingsRisk profileDebt ceiling agreementUs treasuryWhite houseTreasury secretaryJanet yellenCoffee chainBeat expectationsGiant starbucks9 2 billion2 billionIced coffeeMichelle fleury

Transcripts For BBCNEWS Asia 20240704

Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor Howard Schultz in march,

To aa plusGovernment debt burdenRisk profileCredit ratingsDebt ceiling agreementUs treasuryWhite houseCafe giant starbucksTreasury secretaryJanet yellenCoffee chainBeat expectationsMichelle fleury9 2 billion2 billionIced coffee

Transcripts For BBCNEWS BBC News 20200118

British scientists suggest the number of people already infected by a new virus emerging in china is far greater than official figures suggest. A crack down on alcohol fuelled holidays in majorca and ibiza, as pub crawls and happy hours are banned in three popular resorts. And the hernia mesh implants used with little or no clinical evidence. Find out more about that and other exclusive reports from the Victoria Derbyshire programme. Thats in half an hour. British business groups have warned the chancellor therell be higherfood prices and jobs might be affected, if britain diverges from eu regulations after brexit. The warning comes after sajid javids comments in todays Financial Times newspaper, where hes also insisted that firms must adjust to new regulations, and that not all businesses will benefit from brexit. In the article, he says. The food and drink federation have warned that the chancellors comments sounded like the death knell for frictionless trade and would result in pric

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Aping panda diplomacy?

The proposal to gift orangutans to palm oil importing countries may just be a costly affair and attract criticism about how Malaysia treats its protected species.

Panda conservation centreGiant panda conservation centre

Panda Diplomacy: Fostering Malaysia-China relations and enhancing Zoo Negara s reputation

Panda Diplomacy: Fostering Malaysia-China relations and enhancing Zoo Negara s reputation
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