Starbucks eyes China market expansion in next five years

NEW YORK, Dec. 8 (NsNewsWire) — Starbucks said on Wednesday that its fast-growing China market could one day eclipse that in the U.S.. The company unveiled its five-year strategic plan at its biennial investor conference on Wednesday in New York City, reports Xinhua. According to the plan, the company eyes to grow revenue by 10 […]

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News Analysis: More work needed to fully restore Turkey-Russia relations

BEIJING, December 8 (Xinhua) — Russia and Turkey believe bilateral relations have turned a new page following Turkish Prime Minister Binaly Yildirim’s two-day visit to Russia. During the trip, both sides agreed to further strengthen cooperation, develop economic and trade ties and implement major joint programs. However, Russian experts believe that while Russia-Turkey relations are […]

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Italian senate passes 2017 budget, clearing way for Renzi’s resignation

ROME, Dec. 8 (NsNewsWire) — The Italian Upper House gave its final approval to the 2017 budget law on Wednesday, clearing the way for the announced resignation of Prime Minister Matteo Renzi. The senate passed the bill with 166 votes in favor, 70 votes against, and 1 abstention. The budget is worth 26.5 billion euros […]

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Demand grows in S.Korea for embattled president’s impeachment: poll

SEOUL, Dec. 8 (Xinhua) — Demand grew in South Korea for the impeachment of embattled President Park Geun-hye ahead of vote on it in parliament, a local poll showed on Thursday. The main opposition Minjoo Party’s approval rating rose in tandem as they took the lead in proposing the bill to impeach President Park who […]

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U.S. Asia-Pacific strategy should not jeopardize regional peace, stability

BEIJING, Dec. 6 (Xinhua) — The U.S. strategy on the Asia-Pacific under whichever administration should not be contemplated to the detriment of the interests of other countries, and any miscalculation thereof could lead to regional instability. U.S. Defense Secretary Ash Carter, who is scheduled to step down in January, started Monday a tour in Asia […]

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French president appoints new PM

PARIS, Dec. 6 (Xinhua) — French President Francois Holland on Tuesday appointed Bernard Cazeneuve, current interior minister, as the new prime minister to replace Manuel Valls as the latter decided to quit the job, according to the Elysee. Valls announced his candidacy for the left primary in preparation for the 2017 presidential election on Monday […]

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Court hearing of historic Brexit case starts in London

LONDON, Dec. 6 (NsNewsWire) — The British Supreme Court on Monday morning started hearing the historic Brexit legal case to decide whether the British government can begin the process to pull Britain out of the European Union(EU) without a parliament approval. Protesters from both the leave and remain camps gathered in Parliament Square to demonstrate […]

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