2 دن پہلے
Greggs overtakes Costa as UK’s biggest branded coffee chain with 2,737 outlets
Costa Coffee has lost its position as the UK’s largest coffee chain after budget bakery Greggs moved ahead on store numbers. Costa reported losses of more than £13m for 2024, and parent company Coca-Cola’s planned sale of the brand fell through after bids and interest were reportedly significantly lower than expected. The UK coffee shop economy grew to £6.8bn in 2025, with more than 12,300 branded outlets, keeping competition intense.
2 دن پہلے
2 دن پہلے
SoftBank lifts Arm-backed margin loan by $5 billion to $25 billion to fund AI push
SoftBank Group has raised the size of its margin loan backed by Arm Holdings shares to $25 billion from $20 billion, an increase of $5 billion. The facility has now been expanded three times since it was launched in 2023, when it started at $8.5 billion. Founder Masayoshi Son is seeking funding for a widening slate of AI investments, including a nearly $65 billion commitment to OpenAI. SoftBank owns almost 90% of Arm.
2 دن پہلے