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Luckin Coffee apologizes for sales fraud, says stores remain open as usual

MILAN – Luckin Coffee apologized Sunday regarding the fallout from its sales fraud on Monday, and its senior executives in...

Luckin Coffee shares plunge over 75% after investigation finds COO fabricated sales

MILAN – Luckin Coffee Inc. shares sank over 75% in Thursday trading after an internal investigation found that its chief o...

Luckin Coffee provides certain information related to ongoing internal investigation

BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) yesterday announced that the Company’s Board of Dir...

Allset raises $8.25M Series B amid increased demand for online takeout orders

LOS ANGELES, U.S. — Los Angeles-based food pre-ordering service Allset has announced it has raised $8.25 million in Series...

Covantis launches as legal entity, announces CEO and executive appointments

GENEVA, Switzerland – Covantis, the industry initiative that aims to modernize global trade operations, announced today it...

Arabica futures prices on a rollercoaster ride amid fears of supply disruption

MILAN – Arabica coffee futures fell sharply in the last two sessions from a 2-1/2 month high in the mid-week session. The ...

Jab receives go-ahead from the European Commission for the Ipo of its coffee unit

BRUSSELS, Belgium – The European Commission approved the governance structure between JAB Holding Co. Sàrl and Mondelez In...

Italmobiliare announces changes to the Ordinary Shareholders’ Meeting

MILAN, Italy - Italmobiliare communicates that, due to the ongoing COVID-19 epidemiological emergency and based on the pro...

New York Stock Exchange to move temporarily to fully electronic trading

ATLANTA & NEW YORK, U.S. – Intercontinental Exchange, Inc., a leading operator of global exchanges and clearing houses...

Autogrill Group confirms strong results in 2019, with revenue up 6.4% to €5b

MILAN – The Board of Directors of Autogrill S.p.A. has reviewed and approved the consolidated results at 31 December 2019,...