China

Alibaba Beats Revenue Estimates On record Singles' Day Sales

China's Alibaba Group Holding Ltd reported a better-than-expected quarterly revenue on Thursday, boosted by record sales during its annual Singles' Day sho...

China To Expand Imports Of Meat, Other Goods To Tackle Shortages

China will expand imports of meat and other goods key for the public's livelihood in order to address shortages, an official at its commerce ministry said...

Estée Lauder Trims Fiscal 2020 Profit Forecast

Estée Lauder has cut its profit forecast for fiscal 2020, citing the coronavirus epidemic in China, a key market for the maker of Clinique skincare...

Tyson Foods Cuts 500 Jobs, Misses Quarterly Sales Estimates

Tyson Foods Inc is cutting 500 jobs as part of a restructuring programme, as the business reported quarterly sales that fell short of analysts' estimates....

Coronavirus Likely To Impact Alcoholic Drinks Firms' Profits: Moody's

Rémy Cointreau, Pernod Ricard and Diageo are among the companies that could see a profit hit in the coming months from the Coronavirus outbreak, whi...

Chinese Poultry Farmers In Coronavirus Stricken Province Destroying Birds

Some poultry farmers in the province at the heart of China's coronavirus outbreak are having to euthanise young birds as new rules to contain the disease h...

Soybeans Tick Up, China Demand Concerns Curb Gains

Chicago soybean futures edged higher on Wednesday, as the market took a breather after dropping to a more than one-month low earlier this week, although ga...

AB Inbev Temporarily Suspends Production At Wuhan Brewery

Beer giant AB Inbev has said that it has temporarily suspended production at its Wuhan brewery, in China, according to Reuters. The Budweiser maker said...