China

Walmart Faces Tariff Challenges As Wall Street Awaits Record-Breaking Sales

Walmart executives have warned of the challenges tariffs will present as cost-conscious customers contend with higher prices.

Pernod Ricard is exploring a sale of its champagne brand G.H. Mumm, according to five sources close to the matter.

Danish brewer Carlsberg said its annual organic operating profit grew by 6% and forecast further growth of between 1% and 5% for this year.

French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China.

Diageo withdrew its medium-term organic sales growth target on Tuesday as it took steps to try and mitigate the impact of US tariffs.

Remy Cointreau told investors to lower their annual sales expectations for the third time in four months on Wednesday.

Kimberly-Clark has forecast annual adjusted profit growth ahead of Wall Street estimates and reported better-than-expected quarterly sales.

Sugar hit its lowest price in over three years following news that India will allow 1 million metric tonnes of sugar exports this season.

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