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Starbucks to add 5,000 stores in China by 2021

  Bloomberg Starbucks Corp. will more than double its number of locations in China by 2021, increasing the company’s bet on a country that Chief Executive Officer Howard Schultz says eventually could be a bigger market than the U.S. The chain will have 5,000 stores in mainland China within five years, up from about 2,300 now, the Seattle-based company said ...

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Samsung sets up booth to swap Note 7 at US airports

  Bloomberg Samsung Electronics Co. is letting travellers exchange their Note 7 smartphones at special booths set up at America’s busiest airports. The program is part of Samsung’s worldwide effort to recall millions of Galaxy Note 7 phones, which are prone to catching fire and exploding. Customers can exchange the phones or get a full refund, a company representative said ...

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Standard Chartered moving past India woes with Essar payment

  Bloomberg Standard Chartered Plc can finally start to move beyond its woes in India. The London-based lender is set to receive a $2.1 billion repayment in the next few weeks from Essar Global, the steel-to-power conglomerate that’s been one of its most problematic borrowers in the country, people with knowledge of the matter said. Standard Chartered may be able ...

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