Luckin Coffee has Starbucks worried. The Xiamen-based upstart has opened 2,370 coffee shops across 28 Chinese cities since June 2017. And on Monday, it announced plans for a Nasdaq initial public offering (IPO) of around $17 a share—which, if successful, could value the company at $4 billion. It’s a clear challenge to the Seattle-headquartered global…
UNITED NATIONS (AP) — The United Nations secretary-general said the world must dramatically change the way it fuels factories, vehicles and homes to limit future warming to a level scientists call nearly impossible. That’s because the alternative “would mean a catastrophic situation for the whole world,” António Guterres told The Associated Press in an exclusive…
The two figures were first spotted by a photographer who arrived early on the scene, with a telephoto lens through the gates of a Yangon prison on May 7. One man’s signature thick-rimmed glasses confirmed it: The award-winning Reuters journalists whose arrest had become a global cause were finally free. In the 511 days since…
The Duke and Duchess of Sussex, Prince Harry and Meghan Markle, shared the news Wednesday that they named their new royal baby Archie Harrison Mountbatten-Windsor, hours after introducing him to the public earlier in the day. Unlike his cousins, Prince George, Princess Charlotte and Prince Louis — the children of the Duke and Duchess of…