The sub sank at about 10 a.m. local time less than a mile from shore, authorities said. The submarine is owned by an Egyptian and the sub and captain were properly licensed, he said.

Mark Faithfull is London-based and covers retail and real estate Watch out Starbucks, China is double trouble with a tea brand and a low-cost coffee rival, after Chagee and Luckin Coffee stepped ...

Good grief, Starbucks is at again! This time the mega coffee chain has joined forces with Peanuts to launch a new line of drinkware available exclusively at Starbucks. The collection is part of a ...

The whole "Peanuts" gang is coming to Starbucks. Snoopy and his pals are the face of a new "Peanuts"-inspired merchandise collection coming to Starbucks stores across the country starting Tuesday ...

To stay competitive, Volkswagen Group is launching a China-exclusive sub-brand called AUDI — yes, in all caps — focused solely on electric vehicles. The first production model will be revealed ...

Starbucks lost millions of customers last year — and now faces a rapidly-expanding Chinese competitor for American coffee-drinking dominance. Luckin Coffee — which has overtaken Starbucks as ...

Starbucks has launched a range of brand new drinks ahead of the arrival of spring - and it's safe to say it's getting people ready for some sunshine. The lavender collection features a Lavender ...