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Starbucks Closes 250 Stores as Niccol’s Turnaround Gains Traction
Starbucks closes 250 stores across North America this week as part of CEO Brian Niccol’s turnaround. The closures represent 1% of its 18,000-store footprint and will cost $300 million in restructuring charges.
Hong Kong Launches First Five-Year Plan to 2030; AI and Finance Lead Growth
Hong Kong unveils its inaugural Five-Year Plan (2026-2030) with focus on AI, finance, and regional integration. Chief Executive John Lee outlines long-term strategy alongside 2026 Policy Address.
Vonovia Falls 1.2% as Berlin Left Party Pushes Housing Expropriation
Vonovia stock fell 1.2% to €17.48 after Berlin’s Left Party election victory renewed expropriation threats. Federal countermeasures add uncertainty to the company’s 138,000 Berlin apartments.
Galderma Joins SMI Index as Sales Growth Accelerates to 24.6% in H1 2026
Galderma joins SMI index as Switzerland’s leading dermatology company. Net sales grew 24.6% in H1 2026, prompting guidance raise to 19-21% for full year. GALD.SW up 3.6% on the news.
House Foods Sells CoCo Ichibanya for ¥200B+ as Tokyo Exchange Pressures Parent-Child Breakup
House Foods sells CoCo Ichibanya curry chain for ¥200B+ via MBO. Record ¥655B revenue, but Tokyo Exchange pressure and capital efficiency goals force breakup of 11-year ownership.
Skoda Peaq Launches September 21 as Czech Flagship Electric SUV
Skoda Peaq electric SUV launches September 21 with up to 642 km range, seven seats, and starting price of 49,900 euros. The Czech brand’s new flagship combines family space with EV practicality.
Tata Aeris Launches September 25 as Tigor Replacement; Meyka Rates TATAMOTORS B+
Tata Motors launches the Tata Aeris on September 25, replacing the Tigor. The new compact sedan features LED lighting, 10.25-inch touchscreen, and petrol, CNG, and electric powertrains. Expected price: Rs 6-10 lakh.
Samsung One UI 9 Rolls Out September 21 as Galaxy AI Expands
Samsung launches One UI 9 globally starting September 21 on Galaxy S26, bringing Galaxy AI features like Photo Assist and Now Nudge to millions of devices.
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.