Starbucks set to brew record second-quarter revenue as vaccinations rise

After a year of declining sales, Starbucks Corp (SBUX.O) on Tuesday is expected to report record second-quarter revenue of over $6.8 billion, as speedy vaccinations in the United States and China make customers more comfortable with returning to their morning coffee runs. The world’s largest coffee chain was plagued in 2020 by falling store traffic, as rising […]

Commodity Prices to Stabilize after Early 2021 Gains, Supported by Global Economic Recovery

Path of commodity prices depends on pace of recovery and containment of COVID-19 WASHINGTON, April 20, 2021 – Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global economic rebound and improved growth prospects, according to the World Bank’s […]