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BBCNEWS Asia July 4, 2024

Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wa ....

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BBCNEWS The July 4, 2024

The boss of one of britains biggest banks has apologised to the former Uk Independence Party leader nigel farage after a row over why his Coutts Bank Account was closed. Alison rose, the chief executive at natwest, says comments made about him were deeply inappropriate. Mr farage said his account had been closed because his political views didnt align with the banks values. Tonight ms rose has repeated her offer of Alternative Banking Arrangements for him at natwest which owns coutts. The governement has announced that banks will now face tougher rules over closing customers accounts in a move designed to protect freedom of expression. Heres our analysis editor ros atkins to explain. This is a story about banking and political beliefs, and it starts here. I had a phone call a couple of month ....

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BBCNEWS Asia July 4, 2024

Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the
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BBCNEWS The July 4, 2024

The boss of one of britains biggest banks has apologised to the former Uk Independence Party leader nigel farage after a row over why his Coutts Bank Account was closed. Alison rose, the chief executive at natwest, says comments made about him were deeply inappropriate. Mr farage said his account had been closed because his political views didnt align with the banks values. Tonight ms rose has repeated her offer of Alternative Banking Arrangements for him at natwest which owns coutts. The governement has announced that banks will now face tougher rules over closing customers accounts in a move designed to protect freedom of expression. Heres our analysis editor ros atkins to explain. This is a story about banking and political beliefs, and it starts here. I had a phone call a couple of month ....

Bbc News , Nigel Farage , Northeast India , Quran In Stockholm , Nancy Kacungira , Around The World , Alison Rose , Coutts Bank Account , Uk Independence Party , Alternative Banking Arrangements , Ros Atkins , Closing Customer , Freedom Of Expression , Bank Account , Phone Call , Wealth Limit , Bank Of England , Business Editor Simonjack , Coutts Account , Way Political , Called A Subject Access Request , Coutts Decision , Mortgage Ending , There S , Chauvinistic And Racist Views , Farage S View ,

BBCNEWS The July 4, 2024

The boss of one of britains biggest banks has apologised to the former Uk Independence Party leader nigel farage after a row over why his Coutts Bank Account was closed. Alison rose, the chief executive at natwest, says comments made about him were deeply inappropriate. Mr farage said his account had been closed because his political views didnt align with the banks values. Tonight ms rose has repeated her offer of Alternative Banking Arrangements for him at natwest which owns coutts. The governement has announced that banks will now face tougher rules over closing customers accounts in a move designed to protect freedom of expression. Heres our analysis editor ros atkins to explain. This is a story about banking and political beliefs, and it starts here. I had a phone call a couple of month ....

Bbc News , Nigel Farage , Northeast India , Quran In Stockholm , Nancy Kacungira , Around The World , Alison Rose , Coutts Bank Account , Uk Independence Party , Alternative Banking Arrangements , Ros Atkins , Closing Customer , Freedom Of Expression , Bank Account , Phone Call , Wealth Limit , Bank Of England , Business Editor Simonjack , Coutts Account , Way Political , Called A Subject Access Request , Coutts Decision , Mortgage Ending , There S , Chauvinistic And Racist Views , Farage S View ,