BCE Inc. and Telus Corp. beat profit and subscriber forecasts while shares of the wireless carriers languish near lows for the year. Verizon Communications Inc.’s potential plans for Canada explain why.
Starbucks Corp. set the opening date of its first India store with partner Tata Global Beverages Ltd. for next month, later than a previous target of August, as the world’s biggest coffee chain expands overseas.
Teti Umarih is doing brisk business selling Ikea products in Indonesia via Facebook Inc.’s social networking website. Before long, the Jakarta entrepreneur will get a new competitor with the furniture chain planning its own debut in the Southeast Asian nation.
Starbucks Corp. is maintaining a coffee sourcing memorandum of understanding it has with India’s Tata Coffee Ltd. after India’s government formally removed the limit on foreign investment in single-brand retail.
Starbucks Corp., the world’s largest coffee-shop operator, said profit rose 13 percent in its fiscal first quarter, meeting analysts’ estimates, as sales increased in the Americas and fell in Europe, the Middle East and Africa.
Starbucks Corp. will make its Via instant coffee packets available in more than 800 stores in China, Hong Kong and Taiwan April 6, the Wall Street Journal reported, citing John Culver, president of Starbucks International, speaking at a news conference in Beijing.