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BBCNEWS Asia July 4, 2024

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
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BBCNEWS Asia July 4, 2024

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 Wa ....

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CNNW Early July 5, 2024

ybefore to know before you head out. and welcome to our viewers in the united states and around the world. i m christine romans. this morning reaction pouring in after the supreme court ruled to gut affirmative action, a move that will transform college admissions beiacross the countr. justices rules that colleges and universities can no longer consider race as part of their address missions process. the supermajority all voting to reverse decades of prez department. republicans praising the decide. kevin mccarthy said that it will leave to fairer admissions. but democrats are slamming the ruling. vice president kamala harris calling it a step backward that will make the nation s colleges less diverse. jessica schneider reports. reporter: the supreme court stirring up protests with its decision gutting affirmative action saying colleges and universities can no longer rely on race in the admissions process. but prospective students are still allowed to talk about h ....

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BBCNEWS Talking July 6, 2024

support had saved lives. on his trip, the ukrainian leader was awarded the prestigious charlemagne prize. now on bbc news, talking business. hello there, it has been sunny this weekend and has hello. a very warm welcome to the programme. let s take a look at what s on the show. we ve spent everything we ve saved. it s the country with more consumers than any other on the planet. so how do businesses tap into india s billion plus consumers? as the country s population takes over china, we ask can india boast not only the largest number of people but also one of the most economically powerful? we meet people interviewing manisha jain who has been meeting and interviewing consumers across india for the boston consulting group, and ritesh agarwal who is still under 30 years old and has already built the biggest hotel network in india and is spreading his reach around the world. talking of hotels, our big boss this week runs the biggest travel company on earth. we spent al ....

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BBCNEWS World Business Report July 6, 2024

the biggest strike day yet, with up to 1.4 million people expected at demonstrations in paris and elsewhere. the government is aiming to raise the retirement age from 62 to 64 years. today marks the sixth day of strikes and protests since mid january. part of the french government plan is also to raise the minimum pension to 1,200 euros a month, which is over 550 euros higher than the current minimum figure. but unions want more because of rising inflation. joining me now is gregory bekhtari who is a member of the fsu , the main teachers union in france, and works as a teaching fellow at the pantheon sorbonne university. thank you for being with us. the government says that these plans are necessary because they say that if they don t, the numbers don t add up, it would mean a deficit. why is raising the pension age such problem? raising the pension age such roblem? , ., , , , raising the pension age such roblem? , ,, , problem? it s a problem because it s ve unfair ....

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