China

Alibaba Boosts Share Buy Back As Revenues Miss Estimates

China's Alibaba Group Holding missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in...

Carlsberg Bets On China, Expensive Beer For Higher Growth Goals

Danish brewer Carlsberg said it expects organic operating profit growth of 1% to 5% in 2024 and inflationary pressures to moderate.

EU Recommends Ambitious 2040 Climate Target, Goes Light On Farming

The European Commission recommended that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appeti...

Starbucks Cuts Sales View Due To Middle East Conflict, Warns Of Weak Q2

Starbucks cut its annual sales forecast as the Israel-Hamas war hurt its Middle East business, while warning that softer demand in January and slow recover...

Rémy Cointreau Beats Q3 Sales Forecast, Sees Annual Sales At Low End Of Range

French spirits maker Rémy Cointreau posted a slightly smaller-than-expected decline in third quarter sales, helped by a sequential improvement...

Tereos Expects Debt To Fall As Costs Decrease, Could Sell Unit

French sugar maker Tereos may sell some assets that are not core to its business, including a unit in Indonesia, senior officials from the group...

China To Encourage Hog Farmers To Reduce Capacity After Price Slump

China will 'guide' farmers to reduce hog production capacity as it steps up regulation of the industry, after an aggressive expansion drive led to an...