• 11/25/2024

Malaysian bank advises investors to sell Starbucks shares as consumers put coffee chain on freeze

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RHB Bank says its outlook for Berjaya Food, the Malaysian licence-holder of Starbucks, has turned cautious given the ongoing boycott amid the Israel-Gaza war.

https://www.scmp.com/week-asia/economics/article/3244422/malaysian-bank-advises-investors-sell-starbucks-shares-consumers-put-coffee-chain-freeze?utm_source=rss_feed