Starbucks to create 240,000 jobs globally in four years eur usd chart


US coffee shop chain Starbucks pledged to create almost a quarter of a million jobs worldwide by 2021 during its annual shareholders meeting.

Of the 240,000 jobs Starbucks plans to add, 68,000 of those will be based in the US, while it will also attempt to grow its business in several other countries, particularly China.

The Seattle-headquartered corporate is currently opening stores in the Asian country at a rate of one every day. 12,000 new stores are set to open globally in the next four years in order to support the job growth.

During the shareholders meeting, chief executive officer Howard Schultz, who is expected to stand down in April and be replaced by chief operating officer Kevin Johnson, pointed towards the company’s recent record of hiring military veterans and “Opportunity Youth” participants as a sign that it is committed to continuing job creation.

In an interview with CNN earlier this week, both Schultz and Johnson called on US President Donald Trump to clarify his trade policies in order for businesses to adapt accordingly.

"Certainly, as an American brand, sometimes politics in the United States can carry over," Johnson said. "But we’re going to stay focused on the things we can control and the things that we do well."

"I think that Starbucks has demonstrated over 40 plus years our unique ability to navigate successfully through lots of cyclical changes in the economy and political administrations," Schultz added. "I’m very confident that we will be able to do that."

In the Sunday Times’ Inside the City column today, John Collingridge looks at one-stop-everything-for-your-pet shop Pets at Home, which currently boasts 450 locations and sits comfortably as Britain’s biggest pet retailer.

An Indian deal-maker who is on Interpol’s wanted list is working on a takeover of three high street chains fundamentals of futures and options markets pdf free download. Emerisque Brands, a private equity firm founded by Ajay Khaitan, has entered exclusive talks to buy the fashion retailers Oasis, Warehouse and Coast from the Icelandic bank Kaupthing. – The Sunday Times

European equity markets finished the week on a mixed note, with weakness in the US currency and corresponding strength in the euro still very much on traders’ minds against a backdrop of heightened risks of a further missile test by North Korea at the weekend.

James Thompson, a European oil and gas analyst at JP Morgan, said on Friday that while the extended commissioning of EnQuest’s Kraken project and resulting underwhelming performance thereof, were "clearly central" to the debate, JP Morgan was somewhat reassured given that commissioning phase issues were historically easier to rectify than facility or reservoir related problems.

Sara Netanyahu, the wife of Israeli prime minister Benjamin Netanyahu, is set to stand trial after accusations involving the use of state money for private expenses.

London closed lower on Friday as investors digested a mixed set of UK data, amid worries that North Korea might be preparing for a missile launch on Saturday to mark the celebration of its founding day.

Alexander Mining announced on Friday that it has agreed a “significant” new research and development joint venture project, for the potential recovery of vanadium from amenable ores aud usd chart. The AIM-traded firm said the JV was between Alexander, Australian company Multicom Resources, and John Webster Innovations, whose principal is mining industry consultant John Webster.

Angus Energy announced on Friday that the drilling rig purchased from British Drilling and Freezing had arrived on location at its Lidsey oil field asset in West Sussex and were in the process of being rigged up.

Wall Street is trading on a mixed note heading into the weekend, alongside another slide in the US dollar to 33-month lows as Hurricane Irma made its way towards Florida and amid concerns about another potential missile launch by North Korea.

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