The pandemic reinforced people’s coffee addiction

The initial public offering (IPO) market just got a shot of caffeine from JDE Peet’s BV. Do not expect other consumer listings to get such a rush. The owner of Peet’s Coffee, Douwe Egberts, Kenco and ... ( read original story ...)

Pandemic brings grim new reality to San Francisco

Uber Technologies Inc, Lyft Inc and Airbnb Inc have slashed thousands of jobs. Inc and Visa Inc are letting employees work remotely for months; Twitter Inc and Square Inc are allowing ... ( read original story ...)

China threatens war if Taiwan thwarts reunification

China will attack Taiwan and “smash separatists” if all else fails in efforts towards reunification, a Chinese general has warned.Li Zuocheng, chief of the joint staff department and a member of the ... ( read original story ...)

Local banks’ Hong Kong Q1 profits plummet 25%

Domestic banks saw first-quarter net profits from their Hong Kong branches shrink 25 percent on an annual basis to NT$4.8 billion (US$159.83 million), the first drop in the past four years, due to ... ( read original story ...)

Peet’s coffee IPO raises US$2.5 billion

JDE Peet’s BV surged in Amsterdam trading after the coffee giant raised 2.3 billion euros (US$2.56 billion) in just 10 days to become Europe’s biggest initial public offering (IPO) this year. The ... ( read original story ...)