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Switzerland says its president didn’t speak to Guaido about freezing accounts

2019 World Economic Forum (WEF) annual meeting in Davos
FILE PHOTO: Swiss President Ueli Maurer speaks at the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann

February 20, 2019

ZURICH (Reuters) – Swiss President Ueli Maurer did not speak to Venezuelan opposition leader Juan Guaido about freezing Swiss bank accounts belonging to the South American nation, a foreign ministry spokesman said on Wednesday.

“This information is not correct. There was no telephone contact between Mr. Gauido and President Maurer,” the spokesman said by email in response to an enquiry. He was not immediately available to elaborate.

“We are talking to the Swiss president,” Guaido had said in an interview with Mexican network Televisa. He said they had spoken on Wednesday morning but did not mention Maurer, who is also finance minister, by name.

(Reporting by Michael Shields, Editing by William Maclean)

Source: OANN

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Human remains found in Utah canyon may be those of woman who vanished during run

A set of human remains discovered in Utah canyon on Sunday may be those of a woman who was last seen going for a run over a year ago, according to officials.

The Utah County Sheriff's Office said in a news release a man contacted authorities around 8:30 p.m. to report he discovered the remains while climbing in American Fork Canyon near the Swinging Bridge picnic site, located about 30 miles south of Salt Lake City.

"The man said he hikes regularly in that area but had never before hiked in this particular ravine," police said.

HUMAN REMAINS FOUND AT HOME OF DENNIS DAY, ORIGINAL MOUSEKETEER MISSING FOR MONTHS

Sgt. Spencer Cannon told FOX13 the area was "very difficult to get up" on the north side of the canyon, about 850 feet from the floor, and was not a place where people commonly go hiking.

"For whatever reason, this gentleman decided he wanted to go up this ravine," Cannon said

A set of human remains discovered in a Utah canyon on Sunday may be of Jerika Binks, 24, who was last seen in February 2018.

A set of human remains discovered in a Utah canyon on Sunday may be of Jerika Binks, 24, who was last seen in February 2018. (Utah County Sheriff's Office)

Investigators discovered several personal items located with the remains that are consistent with descriptions of property known to be owned by 24-year-old Jerika Binks, according to police.

Binks was last seen on Feb. 18, 2018 when she told her roommate that she was going for a run. Trail cameras picked her up as Binks ran down the Timpanogos Cave Trail, but that was the only sign of her, according to FOX13.

ARKANSAS STUDENT DISCOVERS HUMAN REMAINS ON HIGH SCHOOL CAMPUS, MAY HAVE BEEN THERE FOR YEARS

An extensive search of the canyon afterward by Utah County Search and Rescue turned up nothing until the discovery Sunday.

Cannon told FOX13 that Binks was a fit runner and hiker, and loved being outdoors.

"Based on what we know of her likes and her interests, it’s not a surprise," Cannon said.

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Police said while there was evidence of injury, there is "no evidence at this stage of the investigation" to suggest foul play was involved.

The remains were recovered by the sheriff's office on Monday, and have been taken to the medical examiner's office to identify them and determine a cause of death.

Source: Fox News National

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Morning commute in Australian city disrupted after police operation

Victorian Police officers are seen inside Flagstaff train station in Melbourne
Victorian Police officers are seen inside Flagstaff train station in Melbourne, Australia, March 28, 2019. AAP Image/James Ross/via REUTERS

March 27, 2019

SYDNEY (Reuters) – The morning commute for Australians in the country’s second largest city was thrown into chaos on Thursday after armed police stormed a train station in response to an erroneous sighting of a gun.

Trains at Melbourne’s Flagstaff Station were suspended shortly around 8am local time (2200 GMT), while commuters were urged to stay clear of the local area.

“We had a concern that it might be someone with a firearm on a train,” Graham Ashton, Victoria Police commissioner told 3AW radio station.

“There was no fire arm on the train.”

Trains resumed around an hour after the first report, Public Transport Victoria said, though major delays have now been reported.

A staunch U.S. ally, Australia has been on heightened alert from 2015 for attacks by home-grown militants returning from fighting in the Middle East, and its intelligence agencies have stepped up scrutiny.

In November, a Somali-born man set fire to a pickup truck laden with gas cylinders in the center of Melbourne, killing one, before he was shot by police in a rampage they called an act of terrorism.

(Reporting by Colin Packham; editing by Diane Craft)

Source: OANN

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Pre-recession signals lurk in UK jobs data: research

Workers cross London Bridge during the morning rush hour in London
Workers cross London Bridge during the morning rush hour in London, August 16, 2017. REUTERS/Toby Melville

March 11, 2019

LONDON (Reuters) – Beneath the headline figures showing a strong British labor market, the ebb and flow of jobs and businesses being created and destroyed is showing a pattern associated with the onset of recession, research suggested on Monday.

Employers in Britain created almost 400,000 jobs last year, pushing the jobs rate to a new record high – a bright spot in a slowing economy weighed down by Brexit worries and weakening global trade.

But academics at the Enterprise Research Centre, a research network, said there were some unpromising signals when looking at the jobs data split between new and existing firms.

Start-up businesses contributed roughly 1 million jobs in 2018, cancelling out a net 613,000 drop in employment across established companies.

This looks unlikely to be sustained, with the rates of business “births” and “deaths” now converging – often a poor omen for the economy, particularly if the death rate overtakes the birth rate.

The authors of the report said this trend should be viewed in a longer-term context, rather than as a result of temporary Brexit uncertainty sweeping the economy.

Mark Hart, professor of entrepreneurship at Aston Business School, said the official data showing record employment could lull policymakers into a false sense of security.

“Even if our headline employment figures are being propped up by start-ups creating new jobs, we are already witnessing a severe slowdown in hiring by the established firms that are vital to the health of our economy,” Hart said.

Recent short-term business surveys have pointed to a fall in employment, although most attribute this to uncertainty ahead of Brexit.

Britain is due to leave the European Union on March 29, although Prime Minister Theresa May has opened up the possibility of a delay given her inability to secure parliamentary ratification of the deal so far.

Amid the uncertainty, the world’s fifth-biggest economy has shown signs of slowing and the Bank of England expects the weakest growth in 2019 since the global financial crisis, even if May manages to clinch a Brexit transition deal.

(Reporting by Andy Bruce; Editing by Mark Heinrich)

Source: OANN

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HNA unit CWT International defaults on $179 million loan, faces asset seizure

FILE PHOTO: The HNA Group logo is seen on the gate of HNA Plaza building in Beijing
FILE PHOTO: The HNA Group logo is seen on the gate of HNA Plaza building in Beijing, China July 4, 2018. REUTERS/Elias Glenn

April 16, 2019

By Kane Wu

HONG KONG (Reuters) – CWT International Ltd, a unit of indebted HNA Group Co Ltd, on Tuesday said it defaulted on a HK$1.4 billion ($179 million) loan, and that it has less than 24 hours to pay funds due or lose assets pledged as collateral.

CWT, in a filing to the Hong Kong stock exchange, said it has not paid accrued interest and fees worth HK$63 million to lenders, who will take possession of the assets if the amount due is not paid by 9 AM (0100 GMT) on Wednesday.

Among assets pledged is wholly owned CWT Pte Ltd, a holding firm for HNA’s commodity marketing, engineering, finance and logistics services. Other assets pledged include properties in Britain and the United States and golf courses in China.

One property, 17 Columbus Courtyard in London’s Canary Wharf development – with tenants including Credit Suisse Group AG – was bought in July 2016 for 131 million pounds ($172 million). In 2018, it was on sale with a value of HK$1.3 billion ($166 million).

CWT International, which operates in 90 countries, also owns a portfolio of golf courses in the U.S. city of Seattle, stock exchange filings showed.

The Chinese aviation-to-financial services conglomerate bought the Singapore-based firm for $1 billion in December 2017 via wholly owned subsidiary HNA Belt and Road Investments Singapore. It then merged the firm with one of its Hong Kong-listed units and named the resulting entity CWT International.

Since late last year, HNA has been in talks with banks to find a buyer for CWT, as it divests assets to pay off debt.

HNA declined to comment on Tuesday.

CWT’s assets were worth HK$24.6 billion at the end of 2018, when it posted a loss of HK$557.3 million. Late last month, it said it would be unable to repay the borrowed HK$1.4 billion in full as scheduled in October unless it sells assets – which it said has been challenging – or refinances the loan.

Trading of CWT shares has been suspended since April 10.

(Reporting by Kane Wu; Additional reporting by Jennifer Hughes; Editing by Christopher Cushing)

Source: OANN

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From Syria, IS slips into Iraq to fight another day

Islamic State fighters facing defeat in Syria are slipping across the border into Iraq, where they are destabilizing the country's fragile security, U.S. and Iraqi officials say.

Hundreds — likely more than 1,000 — IS fighters have crossed the open, desert border in the past six months, defying a massive operation by U.S., Kurdish, and allied forces to stamp out the remnants of the jihadi group in eastern Syria, according to three Iraqi intelligence officials and a U.S. military official.

The officials spoke on condition of anonymity because they were not authorized to comment publicly on intelligence matters. But indications of the extremist group's widening reach in Iraq are clear.

Cells operating in four northern provinces are carrying out kidnappings, assassinations, and roadside ambushes aimed at intimidating locals and restoring the extortion rackets that financed the group's rise to power six years ago.

"IS is trying to assert itself in Iraq, because of the pressure it is under in Syria," said Brig. Gen. Yahya Rasoul, the Iraqi army spokesman.

The militants can count between 5,000 and 7,000 among their ranks in Iraq, where they are hiding out in the rugged terrain of remote areas, according to one intelligence official.

In Syria, Kurdish-led forces backed by the U.S.-led coalition have cornered the militants in a pocket less than one square kilometer in Baghouz, a Euphrates River village near the 600-kilometer (370-mile) border.

The Iraqi army has deployed more than 20,000 troops to guard the frontier, but militants are slipping across, mostly to the north of the conflict zone, in tunnels or under the cover of night. Others are entering Iraq disguised as cattle herders.

They are bringing with them currency and light weapons, according to intelligence reports, and digging up money and arms from caches they stashed away when they controlled a vast swath of northern Iraq.

"If we deployed the greatest militaries in the world, they would not be able to control this territory," Rasoul said. "Our operations require intelligence gathering and airstrikes."

At its height in 2014 and 2015, the Islamic State group ruled over a self-proclaimed "caliphate" that spanned one-third of Iraqi and Syrian territory. The extremist offshoot of Al-Qaida in Iraq threatened to exterminate religious minorities.

Iraqi forces, with U.S., Iranian, and other international help, were able to turn the war around and Baghdad declared victory over the group in December 2017, after the last urban battle had been won.

But precursors to IS have recovered from major setbacks in the past, and many fear the militants could stage a comeback. The group is already waging a low-level insurgency in rural areas.

The Associated Press verified nine IS attacks in Iraq in January alone, based on information gathered from intelligence officials, provincial leaders, and social media. IS often boasts of its activities through group messaging apps such as Telegram.

In one instance, a band of militants broke into the home of a man they accused of being an informant for the army, in the village of Tal al-Asfour in the northern Badush region. They shot him and his two brothers against the wall, and posted photos of the killing on social media.

Sheikh Mohamed Nouri, a local tribal leader, said it was meant to intimidate locals in order to keep them from sharing intelligence with security officials.

"I have members of our tribal militia receiving threatening messages warning them to abandon their work," said Nouri.

In other instances, IS cells have killed mukhtars — village leaders and municipal officials. They have attacked rural checkpoints with car bombs and mortar fire, and burned down militia members' homes. In the Shurgat area in central Iraq, militants stopped a police vehicle last month and killed all four officers inside.

Other activities have aimed at restoring the group's financial footing.

On Sunday, militants kidnapped a group of 12 truffle hunters in the western Anbar province, marking a return to a strategy of intimidating and extorting farmers and traders for financial gain.

Naim Kaoud, the head of provincial security, urged locals to suspend truffle gathering, which has just one season a year and is an important source of income for rural families.

Other truffle hunters have disappeared in the countryside, according to former lawmaker and Anbar tribal figure Jaber al-Jaberi. He said the militants are taking cuts from truffle hunters in exchange for access to the land, and kidnapping or killing those who refuse to cooperate.

"This is one of the sources of their funding," said al-Jaberi.

Al-Jaberi cautioned against exaggerating the IS threat, saying the militants have been less successful at infiltrating communities than they were earlier this decade.

"These are different times," he said.

Others are not so sure. Hans-Jakob Schindler, a former adviser to the U.N. Security Council on IS and other extremist groups, said the same grievances that gave rise to IS in 2013 remain today, including a large Sunni minority that feels politically and economically marginalized by the Shiite-led central government.

"I'm very worried that we are just repeating history," said Schindler, who is now at the Counter Extremism Project.

He said he has seen IS "revert to the old type" of "classical terror attacks" and kidnapping for ransom, tactics that were once widely employed by al-Qaida in Iraq.

The militants staged a dramatic resurgence after 2011, when U.S. forces withdrew from Iraq and civil war broke out in neighboring Syria. Today some 5,200 American forces are based in Iraq, after they were invited back to help stem the IS rampage in 2014.

After President Donald Trump promised in December to pull American forces out of Syria, Iraqi lawmakers began clamoring for the U.S. to leave, arguing that the mission against IS was approaching its end.

But with no letdown to IS militancy, those calls have petered out.

Source: Fox News World

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Assad meets Khamenei in first Iran visit since Syrian war began

FILE PHOTO: Syria's President Bashar al-Assad speaks during a meeting with heads of local councils, in Damascus
FILE PHOTO: Syria's President Bashar al-Assad speaks during a meeting with heads of local councils, in Damascus, Syria in this handout released by SANA on February 17, 2019. SANA/Handout via REUTERS

February 25, 2019

By Suleiman Al-Khalidi

AMMAN (Reuters) – Syrian President Bashar al Assad made his first public visit to his closest regional ally Iran since the start of Syria’s war in 2011, meeting Supreme Leader Ayatollah Ali Khamenei in Tehran on Monday and championing their alliance, state media reported.

Syrian and Iranian state television showed Assad and Khamenei smiling and embracing. Syrian television said the two leaders agreed “to continue cooperation at all levels for the interests of the two friendly nations”.

Khamenei was quoted as saying the two countries’ military victories in Syria had dealt “a harsh blow” to U.S plans in the region.

Assad regained the upper hand in Syria’s war with the help of Russian air power and Iranian and Lebanese Hezbollah forces, retaking all main cities from rebels and militants backed variously by Western powers and Gulf Arabs.

Sitting next to Assad was Major General Qassem Soleimani, the head of Iran’s elite Quds Force – an overseas arm of the Iranian Revolutionary Guard Corps (IRGC). He has appeared on frontlines across Syria, where his presence has infuriated Sunni-led insurgents who oppose what they view as Shi’ite Iran’s expansion in the region.

It was Assad’s first known foreign visit other than to Russia since the war began and his first to Tehran since 2010

Iranian-backed Shi’ite militias have expanded their control over mainly Sunni areas around Damascus, southern and eastern Syria that bore the brunt of the heaviest bombardment and led to mass displacement or emigration to neighboring countries.

Iran’s growing influence in Syria, where it has struck economic and trade deals, has also raised the prospect of a military confrontation with its arch-enemy Israel.

Israel, regarding Iran as its biggest threat, has repeatedly attacked Iranian targets in Syria and those of allied militia, including Lebanon’s Hezbollah.

Israeli Prime Minister Benjamin Netanyahu has threatened to escalate its fight against Iranian aligned forces in Syria after the withdrawal of U.S. troops from the country.

Assad was quoted by Syrian state television as saying that

any escalation by Western powers would not stop Iran and Syria from defending their own interests.

Iranian state media said Khamenei praised Assad as a hero who had strengthened the alliance between Iran, Syria and Hezbollah.

“The Islamic Republic of Iran sees helping Syria’s government and nation as support for the resistance movement (against Israel) and is deeply proud of doing it,” Khamenei said.

Assad was also briefed by Iranian President Hassan Rouhani about efforts by Russia, Iran and Turkey – supporters of the main sides in the Syrian civil war – to end the conflict.

Syria wants Turkey, which has backed Sunni rebels and carved a sphere of influence in the northwest of the country, to remove its troops from Syrian territory and end its support for rebels.

Efforts have so far failed to make progress toward a political settlement to end a war that has killed hundreds of thousands of people and displaced about half of Syria’s pre-war population of 22 million.

(Reporting by Suleiman Al-Khalidi, Additional reporting by Parisa Hafezi.; Editing by Mark Heinrich)

Source: OANN

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

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