June 13, 2019

Danone CFO says China’s baby formula plan ‘not a surprise’

China’s plan to increase local production of baby formula products has not come as a surprise to global dairy maker Danone, which has plans to launch […]
June 13, 2019

Pilot shortages, unsold planes weigh on ATR deliveries: sources

Franco-Italian turboprop maker ATR is tackling a slump in deliveries resulting from a combination of industrial delays, unsold aircraft and pilot shortages, industry sources said. Powered […]
June 13, 2019

Tesco CEO not ready to check out in tough UK retail climate

The boss of Tesco said he had unfinished business at Britain’s biggest retailer after its quarterly sales growth slowed in a subdued grocery market under a […]
June 13, 2019

China’s ‘Gen Z’ shoppers fuelling luxury market momentum: Bain

Chinese “Gen Z” shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant […]
June 13, 2019

Exclusive: Petrobras ignored warnings about fuel broker implicated in graft probe

Brazil’s Petrobras found suspicious activity in its oil trading business – and failed to stop it – six years before an alleged bribery scandal erupted in […]
June 13, 2019

Chinese vice premier urges more support for economy amid trade war

Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing […]
June 13, 2019

China, Hong Kong homebuyers play cross-border musical chairs in Bay Area

An ambitious plan to transform the industrial towns of China’s Pearl River Delta into a modern economic zone powered by new technology ventures has triggered a […]
June 13, 2019

Airbus delivers first A350 to Japan after landmark deal

Airbus delivered its first A350 aircraft to Japan Air Lines on Thursday, saying the specially tailored version would start operating on Japan’s busy domestic routes. Powered […]
June 13, 2019

France’s Le Maire to meet Renault chairman, says Nissan alliance priority

French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added he would tell the French carmaker’s chairman […]
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