Starbucks sells majority stake in China business amid competition from local rivals

China has accused the Netherlands of exacerbating the ongoing chip war by interfering with the operations of the seized chipmaker Nexperia. This dispute is significant as it threatens to disrupt the global supply chain, particularly impacting car factories that rely on these essential components. The tensions highlight the fragility of international trade relations and the potential consequences for industries worldwide.

Russia and China are increasingly conducting trade in their own currencies, with over 99% of payments now made in rubles and yuan, according to Russian Finance Minister Anton Siluanov. This shift is significant as it reduces reliance on Western currencies, potentially strengthening economic ties between the two nations and enhancing their financial independence. The move reflects a broader trend of countries seeking to bypass traditional financial systems dominated by the West.

Europe's claim of 'de-coupling' from China is under scrutiny, especially in light of the Nexperia case, which suggests that European actions may still be heavily influenced by the United States. This situation raises questions about the true independence of European policies and their ability to navigate global trade dynamics without US pressure. Understanding this relationship is crucial as it impacts international relations and economic strategies.

Chinese leader Xi Jinping is looking to strengthen ties with Russia, meeting with Prime Minister Mikhail Mishustin in Beijing shortly after his summit with US President Donald Trump. This meeting highlights the ongoing collaboration between China and Russia, especially in the face of challenging global conditions. Strengthening these ties could have significant implications for international relations and trade.

Russia and China have announced a new roadmap for their relations, emphasizing their commitment to enhance cooperation in various areas and tackle external challenges together. This partnership is significant as it reflects a growing alliance between two major global powers, potentially reshaping international dynamics and influencing geopolitical strategies.

Starbucks is making a strategic move by selling a majority stake in its China business to private equity firm Boyu Capital, aiming to more than double its presence in the rapidly growing market. This partnership is significant as it not only strengthens Starbucks' foothold in China but also reflects the company's commitment to expanding its global reach, tapping into the increasing demand for coffee in the region.

An alarming situation has emerged at Sheffield Hallam University, where a professor was reportedly pressured to stop research on Uyghurs and forced labor in China. This claim has raised serious concerns about academic freedom and the influence of foreign governments on UK institutions. The investigation has now been handed over to counter-terrorism police, highlighting the gravity of the allegations. This matter is crucial as it touches on the integrity of academic research and the potential suppression of vital human rights issues.

Recent claims have emerged that Chinese agents have intimidated academics researching alleged human rights abuses, leading to the shutdown of sensitive studies. This situation raises serious concerns about academic freedom and the safety of researchers, highlighting the ongoing tensions surrounding human rights in China. The referral to counter-terrorism police indicates the severity of the issue, as it underscores the lengths to which authorities may go to suppress dissenting voices and critical research.

The Champions League match between Slavia Prague and Arsenal is underway, with updates being provided live. Early moments of the game saw Mbodji attempt a long-range shot that missed the target. This match is significant as it showcases two competitive teams in a prestigious tournament, drawing attention from football fans eager to see how they perform on this international stage.

In an exciting update from the WTA Finals in Riyadh, Coco Gauff showcased her skills by defeating a struggling Jasmine Paolini in straight sets. This victory highlights Gauff's impressive performance and strategic play, particularly her effective second serve. As the tournament progresses, fans are eager to see how Gauff will fare against top competitors like Aryna Sabalenka and Jessica Pegula, making this event a must-watch for tennis enthusiasts.

A devastating typhoon has struck the Philippines, resulting in at least 40 fatalities and widespread flooding, particularly on the island of Cebu. This disaster highlights the increasing vulnerability of communities to extreme weather events, raising concerns about disaster preparedness and response in the region.

Donna Jean Godchaux, the iconic singer known for her contributions to the Grateful Dead, has passed away at the age of 78. While she had a successful solo career and collaborated with legends like Elvis and Otis Redding, her legacy will forever be tied to the Dead's classic lineup in the 1970s, where she was the band's only female member. Her unique voice and presence added a distinct flavor to the band's music, making her an unforgettable part of rock history. This loss resonates deeply with fans and musicians alike, as it marks the end of an era for a band that shaped the sound of a generation.

In a troubling revelation during the Southport inquiry, Dion Rudakubana expressed his fears about his brother Axel, stating he believed Axel would commit murder two years prior to the tragic attack. This chilling insight, where he compared Axel to the sociopathic character from the film 'No Country For Old Men', raises significant questions about the warning signs that were overlooked and the broader implications for community safety and mental health awareness.

In a heated exchange during the 2025 US elections, mayoral candidate Zohran Mamdani stood firm against President Trump's derogatory comments, asserting that he won't be intimidated. Trump's remarks, labeling Jewish voters supporting Mamdani as 'stupid,' have sparked outrage and highlighted the divisive nature of the current political climate. This incident matters as it underscores the challenges candidates face in navigating personal attacks while trying to connect with voters, especially in key states like New York, New Jersey, Virginia, and California.