Day: September 5, 2025

If Brussels bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Advertisement Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as President Xi Jinping’s refusal to travel to Belgium for that month’s summit with EU leaders, were all cited by the Brussels media outlet Euractiv. “Now talk of a European moment has given way to fears of a European ‘century of humiliation’, akin to that which befell China…

Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two people with knowledge of the discussions. Advertisement That would make a potential deal one of the most valuable China unit divestments by a global consumer company in recent years. The offers, which have not been reported previously, would let Starbucks push ahead with the sale in a market where it faces sluggish growth and stiff competition from local brands. Starbucks invited around 10…