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Starbucks

Starbucks to close another 250 coffeehouses in North America

Published 24 Sep, 2026 04:23pm

Starbucks to close 250 North American stores, a move by CEO Brian Niccol to boost sales and streamline operations

Raw sugar hits three-week high, cocoa also climbs

Published 30 Apr, 2026 06:00am

LONDON: Raw sugar futures on ICE rose to a three-week high on Wednesday, boosted by further gains in energy markets,...

Can Pakistan recover the lost decades?

Published 12 Mar, 2026 02:14am

India is now the world’s 4th largest economy while Pakistan is 45th, and in PPP terms India is 3rd while Pakistan is...

US moves to counter China in Bangladesh, plans to pitch defence alternatives

Published 11 Feb, 2026 12:16pm

Bangladesh votes in a general election on Thursday after a Gen Z-led uprising toppled India-allied premier Sheikh Hasina in August 2024

S&P 500 briefly tops 7,000 before pullback as Fed, big tech earnings loom

Published 29 Jan, 2026 05:59am

NEW YORK: The S&P 500 briefly topped 7,000 points for the first time on Wednesday only to pull back, with...

Starbucks sales rebound globally, coffee prices bite margins

Published 30 Oct, 2025 12:23pm

Starbucks posted its first quarter of gains in comparable sales after nearly a year and a half on Wednesday, led by...

Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring

Published 26 Sep, 2025 11:24am

The coffee chain's overall US and Canada store count is expected to drop by 1%, or several hundred stores, by the end of the 2025 fiscal year

Starbucks China valued at about $5 billion by bidders, sources say

Published 05 Sep, 2025 11:25am

Starbucks invited around 10 potential buyers to submit non-binding bids by early September

Starbucks expects non-binding bids for China business within two weeks, sources say

Published 22 Aug, 2025 12:43pm

HONG KONG: Starbucks has asked a short-listed group of potential bidders to submit non-binding bids for a stake in...

Starbucks to lower prices in China as competition heats up

Published 09 Jun, 2025 11:23am

BEIJING: Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the...

Starbucks’s China comeback relies on right partner, brewing back the vibe

Published 05 Mar, 2025 08:07am

SHANGHAI: As Starbucks tries to revive its faltering business in China, analysts say strategic partnerships and...

Starbucks to cut 1,100 corporate roles in CEO Niccol’s turnaround push

Published 24 Feb, 2025 08:58pm

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his...

Starbucks shift on non-paying visitors stirs debate in US

Published 15 Jan, 2025 04:52pm

NEW YORK: Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with...

Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

Published 24 Dec, 2024 01:51pm

A strike at Starbucks’ US stores will expand to over 300 stores on Tuesday, with more than 5,000 workers expected to...

Starbucks workers expand strike in US cities, including New York

Published 23 Dec, 2024 08:46am

Starbucks, workers have expanded their strike to four more U.S. cities, including New York, the union representing...

Starbucks workers’ union to strike in LA, Chicago, Seattle before Christmas

Published 20 Dec, 2024 07:53am

The workers’ union representing more than 10,000 Starbucks baristas said its members will strike at stores in Los...

India’s Tata faces pressure in Starbucks joint venture as consumers cut back

Published 16 Dec, 2024 03:41pm

India’s Tata Consumer Products “will calibrate” its plans to open Starbucks stores in the near term at a time when...

China’s state media praise some US firms amid fears of a new trade war

Published 28 Nov, 2024 10:14am

BEIJING: China’s state media have praised some US firms for “strong collaboration” - commentary that comes amid...

Starbucks weighs strategic partnerships for China operations

Published 21 Nov, 2024 01:05pm

Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media...

Starbucks preliminary results show declining sales

Published 23 Oct, 2024 12:38pm

NEW YORK: US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to...

SC dismisses appeal: Options Int’l deposits Rs6m penalty into national treasury

Published 16 Aug, 2024 06:56am

ISLAMABAD: Following the Supreme Court of Pakistan, dismissed its appeal, M/s Options International deposited the ...

Fraudulent use of Int’l trademark: CAT dismisses appeal filed by M/s Options

Published 01 Jun, 2024 06:59am

ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by M/s Options International...

In China, Starbucks tries to avoid price war but gets dragged into discounting

Published 27 May, 2024 10:26am

SHANGHAI: As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have...

Reimagining corporate affairs

Published 24 Apr, 2024 03:50am

The outside department. The palm greasers. The scam controllers. The ghost busters. These were some informal...

Consumer boycott: Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs, sources say

Updated 06 Mar, 2024 02:50pm

DUBAI: Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay...

Starbucks’ India arm plans to operate 1,000 cafes by 2028

Published 09 Jan, 2024 01:18pm

Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, said on Tuesday it plans to operate...

China’s new thirst for coffee spurs cut-throat cafe competition

Published 29 Dec, 2023 04:49pm

SHANGHAI: Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign...

Under pressure: Starbucks CEO says protestors ‘influenced by misrepresentation on social media’

Published 22 Dec, 2023 08:38pm

Starbucks CEO Laxman Narasimhan said people protesting against the company over its stance on the Israel war have...

Former Starbucks CEO Schultz steps down from board

Published 14 Sep, 2023 11:44am

NEW YORK: Starbucks said Wednesday its former chief executive Howard Schultz will step down from the coffee chain’s...

Starbucks profit rises despite hit from China

Published 03 Feb, 2023 11:46am

NEW YORK: Starbucks reported higher quarterly profits Thursday, fueled by solid North American growth that...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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