China

Pernod Ricard Announces Strategic Partnership With Wuliangye

Spirits giant Pernod Ricard has signed a strategic cooperation memorandum of understanding with Wuliangye International (HK) Limited in Sichuan, one of Chi...

China's JD.com Beats Quarterly Revenue Estimates

China's JD.com Inc beat analysts' estimates for quarterly revenue on Friday, boosted by stronger sales in its core e-commerce business. The company attr...

US Consumer Prices Increase More Than Expected In October

US consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a re...

Alibaba Poised To Launch Record-Breaking $13.4bn Hong Kong Share Sale: Sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, acco...

Tyson Foods Earnings Miss Forecasts As Slaughterhouse Fire Hurts Beef Sales

Tyson Foods Inc fell short of Wall Street estimates for quarterly revenue and profit on Tuesday after a fire at a Kansas slaughterhouse hurt sales volumes...

L'Oréal, Nestlé Score Big At Alibaba's 'Singles' Day' Shopping Fest

Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oréa...

On Singles' Day, Green Groups Warn Of China's Surge In Packaging Waste

Accumulated waste from China's e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green gr...

Alibaba Singles' Day Sales Jump 25% In First Nine Hours To $23bn

Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thir...