China

L'Oreal Sees Sales Rise In Q2 But Depressed China Market Weighs

French cosmetics giant L’Oréal reported a 5.3% rise in second-quarter sales, below expectations and likely further rattling investors already...

Meat Producer Cranswick Sees Growth In Q1 Revenue Driven By 'Strong Demand'

British meat producer Cranswick has reported higher first-quarter revenue as strong demand for its premium ranges offset lower meat prices in Asi...

EU Wheat Exports Off To Slow Start As Harvest Verdict Looms

Slack early-season demand for European Union wheat has some traders worried that the EU is falling too far behind in exports.

Rémy Cointreau Misses First-Quarter Sales Forecast As US, Asia Woes Deepen

Rémy Cointreau has reported a steeper-than-expected first quarter sales decline as its problems in the US spread to its liqueurs and spirits divisio...

China Singles Out Danish, Dutch, Spanish Firms In Anti-Dumping Probe Into EU Pork

China named Danish Crown A/S, as well as Dutch and Spanish pork firms as targets in an anti-dumping probe into European Union pork imports, as Beijing step...

China And Brazil To Test Beef Traceability Plan

China, the world's largest beef importer and Brazil, the biggest supplier, will set up a pilot scheme as part of efforts to make beef production more susta...

Alibaba Bets On Gen AI Tools For Overseas Merchants, Executive Says

Chinese tech giant Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, con...

China Cognac Probe Is A Reaction To EU Car Tariffs, Says Hennessy Owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chie...