Bloomberg Starbucks Corp has opened almost all its locations in China, but still sees the lingering impact of the coronavirus pandemic trimming same-store sales there by 15% to 25% this fiscal year. The shares fell in late trading. Same-store sales fell 10% globally in the company’s second quarter, slightly outpacing the average estimate for a 9.7% decline compiled by Consensus ...

Bloomberg Chinese e-commerce giant JD.com Inc has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the matter, joining rival Alibaba in tapping the city’s stock market for funds. The offering could raise at least $2 billion, the people said, asking not to be identified because the information is private. The Beijing-based company, which ...

Bloomberg Some of Argentina’s key creditors are rejecting invitations to speak with the nation’s finance team this week as both sides jockey for more favourable terms in a $65 billion debt restructuring. Tensions are building as the clock counts down on two key deadlines: May 8 for a debt-exchange offer and May 22, when a 30-day grace period for coupon ...