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HKBN Ltd. is potentially facing a bidding war as I Squared Capital has made a non-binding offer to acquire the Hong Kong-listed broadband provider. This follows a previous offer from China Mobile, with discussions ongoing regarding the proposal's terms, including price. Trading in HKBN shares will resume on Wednesday.
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Starbucks is implementing a strict hybrid work policy requiring corporate employees to be in the office three days a week, with potential job loss for non-compliance. This move, led by new CEO Brian Niccol, aims to improve operational efficiency amid declining sales. The policy will take effect in January 2025.
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Starbucks CEO Brian Niccol announced significant changes to enhance customer experience, including baristas writing names on cups and eliminating fees for plant-based milk. These updates come amid disappointing sales and a need to revitalize the brand's appeal.
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Recent blind taste tests reveal that affordable sparkling wines from UK supermarkets outperform traditional brands. Tesco's Finest Premier Cru Brut Champagne topped the list, highlighting the growing trend of quality budget options for festive celebrations. Other supermarkets like Aldi and Waitrose also received commendations for their sparkling selections.
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The dual releases of 'Gladiator II' and 'Wicked' are projected to earn $165 million this weekend. Airbnb is hosting a unique gladiator experience at the Colosseum in May 2025, sparking controversy over tourism's impact on Rome's cultural heritage.
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Mette Lykke, CEO of Too Good to Go, leads efforts to combat food waste through a marketplace connecting users with surplus food. The company, active in 19 countries, has saved over 350 million meals, highlighting the environmental impact of food waste on climate change.
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Blue Yonder, a supply chain software provider, continues to recover from a ransomware attack that began on November 21. Major clients, including Starbucks and U.K. grocers, have faced disruptions, particularly in payroll and scheduling systems. Recovery efforts are ongoing, but no timeline for full restoration has been provided as of December 2, 2024.
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Stevie McLaughlin, head chef at Restaurant Andrew Fairlie, is enhancing culinary training in Scotland through a partnership with Compass Scotland. This initiative includes internships for apprentices, mentorship, and workshops aimed at fostering the next generation of chefs.
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On November 28, Starbucks opened a new location at Aegibong Peace Ecopark in Gimpo, South Korea, near the North Korean border. The café aims to attract tourists while symbolizing security amid rising tensions between the Koreas. Visitors must pass a military checkpoint to access the site, which offers views into North Korea.