Luckin, a Starbucks rival in China, rises in US stock debut

NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more than that on coffee beans, store rent and other costs. Last year, it lost $475 million.

India: I will be assassinated by BJP like Indira Gandhi: Kejriwal

New Delhi, May 18 (PTI) Alleging that the BJP was after his life, Delhi chief minister and Aam Aadmi Party chief Arvind Kejriwal Saturday claimed that he will be assassinated like former Prime Minister Indira Gandhi by his personal security officer.

"The BJP would get me murdered by my own PSO (Personal Security Officer) one day like Indira Gandhi. My own security officers report to BJP," Kejriwal told a news channel in Punjab.

"The BJP is after my life, they will murder me one day," he added.

Indian Polls: EC issues notice to BJP's Sunny Deol for 'violating' poll code

Chandigarh, May 18 (PTI) The Election Commission has issued a notice to BJP candidate from Gurdaspur Sunny Deol for allegedly violating the model code of conduct.

Poll officials took serious note of a public meeting held by Deol in Pathankot on Friday night, after the silent period came in force.

China launches new BeiDou navigation satellite

XICHANG, May 17 (Xinhua): China sent a new satellite of the BeiDou Navigation Satellite System (BDS) into space from the Xichang Satellite Launch Center in Sichuan Province at 11:48 p.m. Friday.

Launched on a Long March-3C carrier rocket, it is the fourth BDS-2 backup satellite and the 45th satellite of the BDS satellite family.

After being sent to the geostationary earth orbit and in-orbit tests, it will be connected to the BDS to provide users with more reliable services and enhance the stability of the constellation.

1 year after wedding: Harry and Meghan have new home, son

LONDON (AP) — It’s been an eventful first year of marriage for Prince Harry and the former Meghan Markle, now known formally as the Duchess of Sussex.

The besotted couple wed on May 19, 2018 before rapt crowds outside of Windsor Castle, with one of the largest TV audiences ever assembled.

The couple was lucky enough to enjoy beautiful spring weather on their wedding day. They made the best of it by taking a carriage ride through Windsor.

Amazon takes top stake in UK food delivery firm Deliveroo

LONDON (AP) — Amazon is investing in British meal delivery company Deliveroo, giving the online shopping behemoth a larger stake in the fast-growing restaurant delivery business.

Amazon failed to get its own restaurant delivery business going in the United Kingdom, shutting it down for good late last year. It faced tough competition from Deliveroo, as well as its other rivals in the country such as Just Eat and UberEats. Amazon’s service, called Amazon Restaurants, still operates in several U.S. cities.

India: Ready to lead coalition if given a chance: Cong

New Delhi, May 17 (PTI) The Congress Friday said it is committed to constituting a progressive and secular government and ready to lead a coalition, a day after its senior leader Ghulam Nabi Azad said the party is not averse to supporting a regional leader for the Prime Minister's post even if it emerges as the single largest party.

China's poverty reduction efforts exemplary, UN seminar participants say

ROME, May 18 (Xinhua): China's poverty reduction approach can serve as a useful model for developing countries around the world, United Nations (UN) experts and Chinese officials said at a seminar on poverty reduction.

The seminar took place at the third International Seminar on Global Poverty Reduction Partnerships held here during the 2019 International Cooperation Expo earlier this week.

India: Naxal terrorist woman with Rs 5 lakh bounty held in C'garh

Dantewada, May 18 (PTI) A 26-year-old naxal, carrying Rs five lakh reward for her alleged involvement in various violent incidents, Saturday surrendered in Chhattisgarh's Dantewada district, police said.

The cadre, Nande Mandavi alias Lali, is a member of the Kerlapal Area Committee of Maoists, said Dantewada SP Abhishek Pallava.

Police had input that she would be visiting Dantewada district hospital for treatment and proceeded to arrest her, he said.

Indian Polls: How the BJP crafted its campaign in prized Varanasi

Varanasi, May 17 (PTI) Voters may complain that the competitive zing was missing in the prime minister's constituency but the BJP had a clear-cut strategy to keep the campaign ship sailing -- entrusting senior leaders and celebrities to canvass for votes while a handful of carefully chosen lieutenants managed the back end.

A string of senior leaders such as Sushma Swaraj and Yogi Adityanath visited the town to address meetings and Bhojpuri showbiz stars Manoj Tiwari and Nirahua added a dash of glamour in the campaigning for the BJP's most prestigious seat.

China encourages sports among students to prevent nearsightedness

BEIJING, May 16 (Xinhua): Instead of sitting in classrooms, students in China are encouraged to take part in outdoor sports to prevent myopia and maintain health.

Students from Beijing Primary School were acclaimed Wednesday as an example of China's efforts to promote health education by showcasing their exercise routine, such as soccer and basketball, at the opening ceremony of a thematic health education activity, China Education Daily reported.

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