wars

Starbucks and Luckin are vying to win the espresso wars. I examined each out

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Starbucks and Luckin are vying to win the espresso wars. I examined each out

Here’s my first dilemma of the day: the new Luckin Coffee near my office in Hong Kong wants me to download their app for a $2 drink. Without it, it’s $3.75. Fine. I register, get a WhatsApp code and scroll through their menu: fruity Americanos, a seasonal kale tea and the coconut milk latte — … Read more

Citing commerce wars, the World Financial institution sharply downgrades international financial development forecast to 2.3%

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Citing commerce wars, the World Financial institution sharply downgrades international financial development forecast to 2.3%

WASHINGTON — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy — the world’s largest — would … Read more