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Starbucks to close some US and UK stores
Starbucks will cut about 900 jobs and close its worst performing stores in the US as well as some in the UK as part of a cost-saving restructure, the coffee chain said. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and…
TGI Fridays closes 16 UK stores, with 456 job losses
Jemma CrewBusiness reporter PA Media TGI Fridays has closed 16 of its UK restaurants, putting 456 employees out of work. The American-inspired casual dining chain’s remaining 33 restaurants will continue to operate after the business was sold in a rescue deal. Interpath was appointed as administrator to Liberty Bar and Restaurant group, which managed the…
Why luxury carmakers are now building glitzy skyscrapers
Sameer HashmiBusiness reporter, Dubai Binghatti Properties The Bugatti Residences building in Dubai is currently under construction Bugatti is synonymous with high-performance, ultra-expensive supercars. But now the luxury French brand is entering a very different kind of race – not on the track, but in the skyline. In the heart of Dubai, in the United Arab…
Inside Ukraines kill zone
Even on a 30-minute drive from Russia’s positions in eastern Ukraine, being visible can be fatal. The buzz of rotors overhead is constant. Fibre-optic cables criss-cross cratered fields. Pick-up trucks are encased in prickly metal cages for protection. In cities such as Kherson, nets are strung across roads and hospitals in an attempt to tame…
