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Home > Marketplace Morning Report > Starbucks stirs things up in China
Podcast: Marketplace Morning Report
Episode:

Starbucks stirs things up in China
Category: Business
Duration: 00:07:45
Publish Date: 2025-11-04 12:50:00
Description:

From the BBC World Service: Starbucks is selling the majority stake of its business in China to investment firm Boyu Capital as part of a $4 billion deal. The global coffee brand hopes the funds will help kick-start growth in the face of growing local competition. Then, it's a big week for Tesla, as vote results are expected on Elon Musk's proposed $1 trillion pay package. But Norway's sovereign public wealth fund, a major investor, stated it's opposing the deal.
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