China

Hormel Foods Cuts Annual Forecasts On Weak China Demand, Adverse Pork Prices

Hormel Foods has cut its annual revenue and profit targets after missing quarterly results as the Skippy peanut butter maker wrestled with lower pork and t...

L’Oréal Closes Acquisition Of Luxury Beauty Brand Aesop

Cosmetics giant L’Oréal has announced that it has completed the acquisition of luxury beauty brand, Aesop.

Russia Hopes To Raise Fish, Seafood Exports To China After Japan Ban

Russia hopes to increase its marine product exports to China in the wake of China's ban on Japanese seafood imports after the release of treated radioactiv...

Estée Lauder Forecasts Weaker Annual Net Sales And Profit

Estée Lauder has projected full-year net sales and profit below market expectations, signalling a slower-than-expected recovery in its tra...

Australian Wine Industry Faces Hangover From China's High Tariffs

Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and e...

US To Impose Tariffs On Tin Mill Steel From Canada, China, Germany

The US Commerce Department said it will set preliminary anti-dumping duties on tin-plated steel from Canada, Germany and China, in a move to shield domesti...

Tyson Foods Plans To Sell China Poultry Business: Sources

U.S. meat and processed food maker Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said, in the latest case...

Alibaba's Quarterly Revenue Beats Despite China's Sputtering Economy

China's Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years as its domestic e-commerce unit focuses on low-cost produ...