Starbucks has closed its deal with Boyu Capital to sell control of its China operations, the Seattle-based coffee company announced Thursday.
China on Thursday repeated calls for a ceasefire in the Middle East and safe passage through the Strait of Hormuz in conversations with Western counterparts, widening its diplomatic effort to end the war that has disrupted the global energy market.
Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns, U.S. Secretary of State Marco Rubio said on Thursday.