The European Union on Nov. 3 hailed the “progress” that has been made amid the ongoing dispute between the Netherlands and China over chipmaker Nexperia. Maros Sefcovic, the European commissioner for trade and economic security, as well as interinstitutional

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Starbucks said on Nov. 3 that it is selling a majority stake in its China retail business to Hong Kong-based private equity firm Boyu Capital for $4 billion. The retail coffee giant, which values the China business at more than $13 billion, will form a

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