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Starbucks, Costco show new consumer trends

Bloomberg Early looks from Starbucks and Costco Wholesale into their coronavirus-era businesses suggest that US consumers may not be ready to turn back to their old spending ways as soon as governments give the all-clear sign. Starbucks sales cratered at the end of March. Its experience in China, which is now emerging from forced social distancing, showed that customers were ...

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Covid-19: UAE unveils home testing facility for people of determination

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday launched the National Home Testing Programme for People of Determination, for UAE citizens and residents, to ensure all segments of the community have adequate access to testing facilities. The new programme supports ...

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Oil negotiators race against clock to clinch historic deal

Bloomberg Negotiators raced to clinch a historic deal to cut oil supply and stem a devastating price rout, with just hours to go before the market opens. As diplomatic wrangling between Mexico and Saudi Arabia entered a fourth day, a group of Opec+ ministers were due to speak at 5 pm London time. Delegates said some progress had been made ...

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