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Craig Giammona

Stories by Craig Giammona

People

HSBC to axe nearly 10,000 jobs to slash costs

The bank said last month it’s sticking with plans to hire more than 600 for its wealth business in Asia by the end of 2022.

Deals

Chinese restaurant chain P.F. Chang’s Bistro may be put on block

Private equity owner Centerbridge Partners LP bought the brand and took it private in 2012, in a deal that valued the chain at $1.1 billion.

Deals

Starbucks CEO sees decades of growth from China expansion

China is Starbucks' second-largest and fastest-growing market.

Deals

Nestle said to pay up to $500m to buy Blue Bottle Coffee

Nestle will pay up to $500 million for a 68 per cent stake in the California-based company.

Venture Capital

Kellogg starts venture fund to find growth amid cereal slump

Kellogg Co., struggling with slumping U.S. cereal sales, will invest about $100 million in a venture fund.

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