Starbucks sells majority stake in China business amid competition from local rivals
• Nov 4, 2025, 11:03 AM
1 min de lecture
US coffee chain Starbucks has announced it is forming a joint venture with asset management firm Boyu Capital in China, where the latter will hold a 60 percent stake in the company's local business. China is Starbucks' second-largest market globally and it has recently been struggling with increased competition from local rivals like Luckin Coffee. Also in this edition, we look at OpenAI's blockbuster $38 billion deal with Amazon's cloud services unit.
Yesterday
French court rejects Perrier "natural water" lawsuit against Neslé
• 10:40 PM
1 min
A French court has rejected a demand by a consumer protection group to remove Perrier water bottles from markets over its "natural mineral water" labelling. It's the latest in a longrunning scandal stemming from the revelation that Neslé and other manufa
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As Europe aims for "digital sovereignty", biomedical agentic AI could be the next big field
• 10:28 PM
1 min
"Europe does not want to be the client" of the US or China in the field of technology, French President Emmanuel Macron told tech and political leaders gathered for a "digital sovereignty summit" in Berlin. At the event, biotech company Owkin unveiled a
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Questions over artificial intelligence boom lead to global market selloff
• 11:29 AM
1 min
European and Asian equities traded lower this Tuesday, following in the footsteps of Wall Street, as doubts rise as to whether the tech sector's huge investments in artificial intelligence will pay off. Also in this edition: Donald Trump tries to convinc
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TotalEnergies buys €5.1 billion stake in Kretinsky's power generation business
• 10:58 AM
1 min
France's TotalEnergies has struck a partnership deal with Czech billionaire Daniel Kretinsky's firm EPH. It will create a 50-50 joint venture that will manage power plants across several western European countries with a total capacity of 14 gigawatts. I
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