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Facebook to shut down Gifts service in latest e-commerce shift

Last Updated: Wednesday, July 30, 2014, 06:36

Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world`s largest social network tests other ways to let consumers buy products on its website.

Starbucks to pay $2.76 billion in Kraft grocery rift

Last Updated: Wednesday, November 13, 2013, 09:30

Starbucks Corp must pay Kraft Foods USD 2.76 billion after it ended the companies' grocery deal at least three years early, the coffee chain said on Tuesday.

Starbucks to open first outlet in India by October end

Last Updated: Friday, September 28, 2012, 10:37

US coffee chain Starbucks will open its first outlet in India next month through partnership with Tata Global Beverages, and has appointed Avani Saglani Davda as CEO of their joint venture.