Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Britain has almost 1 million young people not in work or education – here’s what evidence shows can change that 
Can your cat recognise you by scent? New study shows it’s likely 
Locked up then locked out: how NZ’s bank rules make life for ex-prisoners even harder 
Youth are charting new freshwater futures by learning from the water on the water 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Kentucky Fried Chicken opened its first Grandpa Comfy Tea outlet in Suzhou, signaling its entry into China's huge and popular market for shop-bought tea drinks.
The new shop offers tea beverages with characteristics from the Yangtze River Delta region, priced between CNY13 and CNY23 ($1.94 and $3.34) per item.
The US fast-food giant is also offering ice creams jointly created with Swedish food company Oatly Group.
In the logo for Grandpa Comfy Tea, Colonel Sanders is pictured with a cup of tea while wearing traditional Chinese attire. The shop's interior is decorated in a Yangtze River Delta-inspired design, and the brand colors are pink, green, and white.
Due to the comparatively low entry hurdles, the Chinese market for tea beverages is already oversaturated. According to data on the corporate information portal to Tianyancha, only around 60% of tea enterprises can last longer than three years. A quarter of businesses only last a year, while 35% fail in one to three years.
Wen Zhihong, a catering chain expert and general manager of Hehong Consulting, said KFC’s brand power, the multi-brand catering sector experience of operator Yum China Holdings, and the strong supply chain support are all competitive advantages for Grandpa Comfy Tea.
