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Starbucks, the American coffee company and the world's largest chain of coffee shops, will open an elite coffee shop and café in Milan on Friday, Reuters reports. This is the first Starbucks coffeehouse in Italy, which ranks fourth in the world for coffee consumption. The company's management hopes to convince the Italians to pay more for daily coffee, expecting that they will feel the company's premium experience as soon as they enter the coffee shop. Italians will have to pay 1 euro 80 centsfor a regular espresso at the Starbucks coffee house, which is almost 2 times higher than the price in local cafes. The number of Starbucks coffee shops around the world today is 2 thousand 900.
Italy’s Treasury announced on Wednesday the state’s approval to a 6.3 billion euro ($7.1 billion) loan to Fiat Chrysler, directed to its unit in Italy. This is the largest crisis loan granted to any auto firm to date. The announcement ...
The largest coffee house chain in the world, Starbucks Corp. (SBUX.O), announced on Monday that it would begin the “phased reopening” of 150 branches in the United Kingdom. With the easing of restrictions allowing more travel on ...
Italy has shut down all its ports and airports, disrupting financial markets and showing how the coronavirus has affected social and economic aspects globally. Major European stock markets plunged over 7%, Japanese indexes slipped 5%, and ...
Wall Street falls on pandemic fears as Italy faces virus impact A sudden increase of people infected by the fast-spreading coronavirus in Italy including several Middle Eastern countries reignited market fears of a global pandemic. The World ...
Louis Vuitton launched its new business venture by opening its Osaka-based store in Japan, featuring a restaurant and café named Le Café V and Sugalabo V as its new flagship store. The Louis Vuitton Maison Osaka Midosuji is a ...
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