China

Pernod Ricard’s Shares Rise Despite Sales Flatline

Pernod Ricard’s shares rose 6% on Thursday, even as the company cut its full-year sales forecast after expected improvements failed to materialise.

Carlsberg Raises 2027 Targets And Invests In Long-Term Growth

Carlsberg has raised its 2027 targets for revenue and operating profit growth.

Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Maersk recently announced that it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said p...

Starbucks Gets Sales Bump From US Demand For 'Affordable Luxuries'

Starbucks beat Wall Street targets for fourth-quarter sales and profit as robust demand for its pricey coffees and cold drinks in North America offset a fe...

Estée Lauder, Canada Goose Slash Annual Targets As China Recovery Falters

Estée Lauder and Canada Goose Holdings recently cut their annual forecasts as the luxury goods companies grapple with weak demand in high-...

L'Oréal Shares Down After Third Quarter Sales Disappoint

L’Oréal shares fell on Friday, sinking to their lowest level since March, after a larger-than-expected hit to its travel retail business in As...

Wheat Rises For Third Session On Strong Demand; Soybeans Rebound

Chicago wheat gained more ground on Monday with strong demand supporting the market, although ample supplies from the Black Sea region are likely to limit...