China

Australian Wine Exports To China Rocket After Beijing Drops Tariffs

Australian wine makers shipped wine worth A$86 million (€52.9 million) to China in the month after Beijing lifted tariffs and should be confident of b...

Chinese Food Delivery Leader Meituan Beats Estimates With Value Focus

China's leading food delivery group Meituan reported a bigger-than-expected 25% rise in quarterly revenue.

Starbucks Teams Up With Food Delivery Platform Grubhub

Starbucks will partner with Grubhub to deliver coffees and other customised beverages in select US markets starting this month.

Meat Producer Cranswick Posts Better-Than-Expected Annual Results

Cranswick has reported better-than-expected earnings for fiscal year 2024 on the back of robust demand and a string of investments in facilities that paid...

P&G Plans To Downplay Its Corporate Name In Ads During Paris Olympics

Procter & Gamble is focusing its Paris 2024 Olympics marketing on individual brands, including Pampers diapers, Gillette razors and Ariel detergent.

Alibaba Beats Quarterly Revenue Estimates, Profit Declines

China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue as a focus on low-cost goods in response to cautious consumer spending he...

Campari Has Taste For More M&A After Courvoisier Deal: CEO

Campari will seek further M&A opportunities after completing the buyout of French cognac house Courvoisier, the new head of the Italian drinks group sa...

French Cognac Makers Rally On China's 'Open Attitude' To Anti-Dumping Probe

French cognac makers rallied on Tuesday (7 May) as Chinese President Xi Jinping presented what his French counterpart described as an "open attitude&q...