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Starbucks’ expansion runs out of steam

High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans in South Africa -- seen as a foothold for the continent. Starbucks looked set to take the country by storm when the opening of its first store in the Rosebank district of Johannesburg in April 2016 attracted big crowds who queued for hours to taste their famous coffee and enjoy the cafe experience. "We thought they were going to run out of coffee before we could get a…

Moonis Elahi to take oath as minister: sources

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government on Thursday decided to expand federal cabinet by inducting another member. ARY News reported citing well informed sources. According to sources, the  prime minister has decided to extend the federal cabinet and one of the government's allies, the Pakistan Muslim League-Quaid (PML-Q) as one its leaders, Moonis Elahi is likely to get a ministry. Moonis Elahi, son of Punjab Assembly Speaker Pervaiz Elahi, is likely to be given the Ministry of Industries, sources…

Government pursuing major energy sector expansion programme: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Tuesday said Pakistan had embarked upon a major program to expand capacity of energy sector. "Smaller projects near grid stations are being conceived to overcome transmission challenges," he said while talking to Chairman of Ansaldo Energia Company Giuseppe Zampini in Islamabad. The prime minister said that the government was also actively considering replacement of low efficiency furnace oil based plants with high efficiency plants based on cheaper fuels, which would…

Saudi Arabia to restart Masjid al-Haram expansion

DUBAI: Saudi Binladin Group will restart work next month on the $26.6 billion expansion of Masjid al-Haram (the Grand Mosque) in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people, sources told Reuters on Thursday. Work will resume after the annual haj pilgrimage, and Saudi Binladin will pay outstanding salaries owed to staff involved in the project beginning on Aug. 20, according to a notice that the company sent to banks and which was seen by Reuters. Banking…

Fans rejoice as Forza Horizon 3 coming to Xbox One

Hot Wheels fans can rejoice as their fantasies are about to come true. The second Forza Horizon 3 expansion has been announced for release on May 9 on Xbox One and Windows 10 PCs. Brian Ekberg, Forza Community Manager, made the announcement in blog post and said there will be a special world debut livestream of the Forza Horizon 3 Hot Wheels experience from Hot Wheels’ headquarters in Los Angeles on May 8. “This expansion lets players travel to a brand-new location in Australia, a place where lazy Sunday drives are…