French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused partly by weakness in China.
Featured Posts Title
Corona del Mar boys water polo sinks Oaks Christian in CIF Open semifinals
Ex-NY governors’ aide goes on trial on charges she sold influence to China, got kickbacks for masks
The 2026 APEC Economic Leaders’ Meeting will be held in Shenzhen
China moves into Venezuela as Maduro regime gets Beijing lifeline amid US tensions
Hands-on with the Honor Magic8 Pro camera in Shenzhen, China
China buys more Brazil soybeans as US purchases stall
China-Held Territory in Range of US Ally’s New Anti-Ship Missiles
Recent Posts
China woes drag down Pernod Ricard first quarter sales
China Releases Footage of Pacific and Arctic Training With Russia
On September 28, the United States Coast Guard spotted the Chinese vessels in the Bering Sea near Alaska as they transited northward to the Arctic Ocean. This is the northernmost location where the …
Apple secretly worked with China’s BYD on long-range EV battery
Apple worked with Chinese automaker BYD for years, developing batteries that helped lay the groundwork for tech used today, according to people familiar with the situation.
Iron ore price slumps toward $100 after housing briefing in Beijing
Iron ore rallied from a two-year low below $90 in late September to above $110. But prices have faded as a series of government briefings on economic policy fell short of expectations. China’s economy …
UK’s Lammy visits China in bid to reset London-Beijing ties
British Foreign Secretary David Lammy will visit China this week, Beijing and Downing Street said Thursday, marking the first by a senior UK official since the election of Prime Minister …
Soaring Sales Send China EV Stocks Sky-high As US And EU Automakers’ Shares Get Shaky
One sign of the success of China EV companies in their own country and rising success elsewhere is the return it has given investors. For fossil fuel auto manufacturers, the opposite is true. Great …
China: Drone show celebrates 75th anniversary of PRC on National Day in Shenzhen
Shenzhen, Guangdong Province, China – October 01, 2024 On October 1, 2024, @ooh shared a video of a drone show in Shenzhen, Guangdong Province, China, held to celebrate China’s National Day and the …
Indonesia Forms $1.2 Billion Battery Venture with China’s CATL
Indonesia announced a joint venture with China’s Contemporary Amperex Technology Co. Ltd. to invest $1.2 billion in battery production in the Southeast Asian country, furthering its ambitions to become a global hub for electric vehicles.
China ends international adoption. Reactions range from shock to relief
The decision has sent shockwaves through the adoption community and angered families still in the process of adopting children from China. We interviewed adoptees in the U.S. to hear their reaction.
Premier League Opens Beijing Office to Boost Chinese Fanbase
The Premier League has opened an international office in Beijing to help further increase the appeal of English football in the key Chinese market.
China’s Ballistic Missile Launch Site Discovered by Researchers
China does not normally test-launch its nuclear missiles on the island of Hainan, which faces the South China Sea.
UK foreign minister to visit China to rebuild damaged ties
British foreign secretary David Lammy will visit China on a two-day visit starting on Friday in a bid to improve relations between the two countries after years of tensions over security concerns and …
Financial commentators are sulking over China
What the West seeks from China often differs from what China desires for itself. Last week, the Ministry of Finance failed to deliver a “bazooka” rocket, leaving many Western economic commentators sulking because their expectations…
