EU demands Starbucks, Fiat pay back millions in tax breaks
EU demands Starbucks, Fiat pay back millions in tax breaks

The European Union is demanding that US coffee chain Starbucks and carmaker Fiat repay up to 30 million euros (USD 34 million) each in tax breaks they received from EU nations, in a major ruling to cut down on sweet tax deals multinationals often shop for.

Starbucks pushes into Africa with Johannesburg cafe

More than 22,000 Starbucks cafes operate worldwide, but the US company`s famous grande lattes and frappuccinos have been almost entirely absent from fast-developing Africa.

Starbucks working with FSSAI on its pending applications

The Food Safety Standards Authority of India (FSSAI) had rejected applications submitted by Tata Starbucks for a total of 32 products in April. These rejected products include coffee frappucino, vanilla syrup and hazelnut flavoured syrups, which are still sold at the cafe chain's outlet in the heart of the capital.

FSSAI rejected items still sold in Starbucks outlet

The company on its part said it is "diligently working with FSSAI" to provide information regarding pending applications.

Why some companies fail at Twitter
Why some companies fail at Twitter

You may find shopping at a Nike showroom or visiting Starbucks for your favourite coffee a reason to cheer you up but according to a latest study, these two brands are among those who are failing at corporate tweeting.

Starbucks `gives away` drinks after US system outage

There may be no such thing as a free lunch, but fear not because there was free coffee supposedly going at Starbucks in North America on Friday after a major computer glitch.

Starbucks teams up with Indian-American scribe for new venture

The new media start-up "will create and produce non- fiction, social impact content," according to the company's founder Rajiv Chandrasekaran, who bid adieu to The Washington Post for this venture on March 2.

India success exceeds expectations: Starbucks

As it completed two years of operations in the country, American coffee chain Starbucks today said its success in India has exceeded its expectations.

Starbucks buying full control of Japan unit for $914 mln

Starbucks Corp on Tuesday said it plans to buy the remaining 60.5 percent share of Starbucks Coffee Japan Ltd that it does not already own in a two-step deal valued at about $913.5 million.

Starbucks, Burger King dragged in as China food scandal spreads

On Tuesday, Starbucks said some of its stores previously sold products containing chicken originally sourced from Shanghai Husi, a firm that was shut down on Sunday.

EU investigates tax rulings on Apple, Starbucks, Fiat unit

The European Commission raised pressure on Ireland, the Netherlands and Luxembourg over their corporate tax practices, saying it was investigating deals the countries have cut with Apple, Starbucks and Fiat.

Britney Spears gains over 13 kg

Singer Britney Spears has reportedly put on a lot of weight - nearly 13.5 kg.

Starbucks comes under 7-Eleven control in Australia

The owners of the 7-Eleven chain in Australia have taken control of coffee giant Starbucks` struggling local operations in a bid to turn around its fortunes, the company said on Wednesday.

Starbucks says 'will pay more tax' in UK after Europe HQ shift

Starbucks said on Wednesday it was re-locating its European headquarters from the Netherlands to Britain a year after the US coffee giant was heavily criticised by British lawmakers for tax avoidance.

Starbucks says India operations fastest growing in its history

With 40 stores in 17 months of its operations, India is the fastest growing market in the history of the Seattle-based iconic American coffee chain Starbucks, according to a company statement.

Starbucks taking Indian Coffee to its outlets across globe

Opening its first store in south India here, American coffee giant Starbucks today said it is taking the Indian grown coffee to its 19,000 stores across the world.

Ratan Tata's grace and wisdom moved me: Starbucks CEO

Starbucks CEO Howard Schultz has voiced his admiration for industrialist Ratan Tata's "grace" and wisdom, saying he was moved by the business icon's words during the launch of the coffee chain's flagship store in Mumbai last year.

Starbucks to pay $2.76 billion in Kraft grocery rift

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 opens 25th store in India, completes one year

Tata Starbucks on Monday launched a new coffee labelled India Estates Blend, which is specially sourced, roasted and packaged domestically, as part of its first anniversary in the country.

Please do not bring in guns: Starbucks tells customers

US coffee giant Starbucks is asking armed customers to leave their guns at the door, but not banning firearms outright.