China

7-Eleven Operator Seven & I To Reshape Board In Focus On Global Expansion

Japanese retailer Seven & I Holdings Co has announced plans to revamp its board of directors as it seeks to accelerate overseas growth.

Global Dairy Prices Fall As Chinese Demand Comes Off

Global dairy prices are coming off record highs as demand from China has fallen away, hit by a new wave of COVID-19 and lockdowns in several cities, includ...

Alibaba Increases Share Buyback Size To Record $25bn

Alibaba has raised its share buyback programme to $25 billion (€22.76 billion), the largest ever repurchase plan by the e-commerce giant, to prop up i...

Alibaba Reports Smallest Rise In Quarterly Revenue, Misses Expectations

China's Alibaba Group Holding Ltd reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in its core e-commerc...

Budweiser Brewing Co APAC Sees Strong Demand For Premium Beer In China

Budweiser Brewing Co APAC, Asia's largest beer company by sales, said that it plans to promote more high-end beer in China, having seen strong demand espec...

Baby Formula Makers Still Breaking Global Marketing Rules: Report

Almost all parents and pregnant women in China, Vietnam and the United Kingdom are exposed to 'aggressive' formula milk marketing campaigns that breach glo...

China Suspends Lithuanian Beef, Dairy, Beer Imports

China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania's veterinary control agency said, amid a growing trade dispute over the...

L'Oréal Posts Forecast-Beating Fourth-Quarter Sales

Holiday spending in the US and China helped L'Oréal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty pro...