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Jollibee's Q2 profits down 50.2%

The fast food chain expects profits to recover by 2020.

Fast food purchases in Hong Kong up 3.2% in Q2

Total restaurant receipts were down 0.4% to HK$28.7bn in the quarter.

BreadTalk Group's Q2 profit drops 57.9%

Total revenue for the first half rose.

Starbucks raises full-year earnings and revenue forecast, beats Q3 estimates

CEO Kevin Johnson says its US and China markets performed “extremely well”.

Jollibee Foods Corporation buys Coffee Bean & Tea Leaf for US$350m

This is the company’s largest multinational acquisition to date.

Everstone Capital to sell Burger King India franchise: report

InterGlobe is said to be in advanced discussions with the firm.

ST Group clinches SG$9.6m from IPO

The firm’s post-placement market cap is at approximately SG$64m.

Coca-Cola in talks to acquire a stake in India's Café Coffee Day

The cafe chain has a footprint of some 1,750 stores in the country.

Indonesian coffee chain Kopi Kenangan secures US$20m from Sequoia India

The startup plans to open 150 outlets in the country by end-2019.

Café de Coral Group profits up 28.9% to HK$590m in FY2019

It was boosted by its Mainland China casual dining operations.

Ediya Coffee boosts R&D efforts: report

The company also decided to roast coffee in-store.

BreadTalk fined for illegally discharging into public sewers

It was part of the 38 companies fined a total of $253,700.

Starbucks partners with Coffee Concepts Thailand to accelerate retail growth

The agreement that is expected to close by the end of the month.

Deliveroo secures US$575 million funding from Amazon

The e-commerce company is set to be the largest investor in Deliveroo’s series G funding round.

Impossible Foods announces US$300 million funding round to accelerate expansion

The company’s signature Impossible Burger continues its sales surge.

McDonald's to take over Indian partner's 165 outlets

The fast food giant is set to settle its long drawn dispute with Vikram Bakshi.