asia

Estée Lauder Fears Bigger Drop In Profit On Uncertain China Recovery

Estée Lauder Cos forecast a bigger drop in full-year profit than it had initially estimated, citing uncertainty around recovery in major market Chin...

Carlsberg Lifts 2022 Profit Outlook; Shares Trim Losses

Carlsberg on Wednesday reported third-quarter sales broadly in line with expectations.

Did You Know ...? 8 August 2022

French retailer Les Mousquetaires, which operates the Intermarché and Bricomarché banners among others, has invested €28.5 million in th...

Pernod Ricard Confident About Asia Prospects

Pernod Ricard is confident about its prospects in Asia, helped by cognac and scotch whisky demand in China, the company's Asia boss said on Tuesday. &qu...

Feed Fight: African Consumers Hit As Asia Gobbles Up Rice Supplies

Tightening global supplies of basic foodstuffs and disruptions to shipping caused by the coronavirus pandemic are driving up the cost of rice, the mos...

Tesco To Return €5.7bn To Shareholders After Sale Of Thai, Malaysia Assets

Britain's Tesco plans to return €5.7 billion ($6.6 billion) to shareholders after agreeing to sell its supermarket businesses in Thailand an...

Tesco Shares Jump On Possible Sale Of Asian Business

Shares in Tesco rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analy...

Guinness Storehouse Wins Award For Growth In Asia

Guinness Storehouse’s growth in Asian markets has been recognised with the visitor experience winning the award for Tourism Provider of the Year at t...