Category Archives: CNN – Business

Starbucks teams up with Meituan for coffee delivery in China

Starbucks teams up with Meituan for coffee delivery in China

Starbucks is joining forces with Chinese tech giant Meituan to expand delivery options in its second biggest market. The coffee chain announced Tuesday that it has teamed up with the popular food delivery app to roll out new offerings for customers in China. Now, consumers in mainland China will be able to place orders on…MORE

Why protecting the planet is essential to preventing future pandemics
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Why protecting the planet is essential to preventing future pandemics

Almost two years since the start of the Covid-19 pandemic, scientific breakthroughs powered by international collaboration have helped us create vaccines and other treatments that can help tackle the health crisis. But our broken relationship with the natural world continues to make us vulnerable to pandemics and that is something that global governments and businesses…MORE

The owner of Ben & Jerry’s wants to buy Aquafresh and Advil
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The owner of Ben & Jerry’s wants to buy Aquafresh and Advil

Unilever is willing to pay big money for the company that makes products like Advil, Tums and Aquafresh toothpaste as it tries to revive its sluggish stock and ramp up its focus on health products. GlaxoSmithKline said over the weekend that it had received three “unsolicited” proposals from Unilever to acquire its consumer healthcare business,…MORE

1,200 US flights canceled Monday as winter storm pummels East Coast
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1,200 US flights canceled Monday as winter storm pummels East Coast

US airlines have canceled more than 1,200 flights Monday as a powerful winter storm packing rain, sleet and snow slammed the East Coast on the holiday weekend and made travel difficult. On Sunday, roughly 3,000 flights were canceled. Charlotte Douglas International Airport in North Carolina, an American Airlines hub, continues to be the hardest hit.…MORE

Djokovic sponsor Lacoste wants to ‘review’ Australia events with tennis star
Steven Paston/Press Association/AP

Djokovic sponsor Lacoste wants to ‘review’ Australia events with tennis star

Novak Djokovic has departed Australia after authorities canceled his visa for a second time. Now, one of his sponsors wants a word. Lacoste said Monday that it wants to review events that sparked a nearly two-week legal battle and prevented the unvaccinated Serbian from defending his Australian Open title. Australia requires international visitors to be…MORE

Credit Suisse chairman resigns after investigation into ‘personal actions’
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Credit Suisse chairman resigns after investigation into ‘personal actions’

The chairman of Credit Suisse has resigned following an investigation commissioned by the Swiss bank’s board that reportedly looked at claims that he broke Covid-19 rules. António Horta-Osório said in a statement issued by Credit Suisse on Monday that “a number of my personal actions have led to difficulties for the bank and compromised my…MORE

China’s economy expanded 8.1% in 2021, but growth is slowing
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China’s economy expanded 8.1% in 2021, but growth is slowing

China’s economy expanded 8.1% last year, far exceeding the government’s own targets. But weakening growth in the closing months of 2021 suggests that trouble is still on the horizon as the country contends with a deepening real estate crisis, renewed Covid outbreaks and Beijing’s strict no-tolerance approach to controlling the virus. The 2021 growth figure…MORE

Billionaires added $5 trillion to their fortunes during the pandemic
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Billionaires added $5 trillion to their fortunes during the pandemic

Billionaires added $5 trillion to their fortunes during the pandemic, according to Oxfam, exacerbating economic inequality as the pandemic pushed millions of people around the world into poverty. Using data compiled by Forbes, Oxfam says in a new report that the total wealth of billionaires jumped from $8.6 trillion in March 2020 to $13.8 trillion…MORE

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