Keyword "BEV" - List of latest news (590 results)

01:33 US to phase out many synthetic food dyes, Kennedy and FDA head say

Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said on Tuesday that the agency plans to remove petroleum-based synthetic food dyes from the U.S. food supply by revoking authorizations of some and working with industry to voluntarily remove others.

21/04 New energy breakthrough in Shanghai from Jaecoo! Electric Vehicle and Artificial Intelligence Meets! Smart Sales Consultant: Aimoga Robot

Jacoo will introduce a fully electric Jacoo 5 BEV and artificial intelligence -backed Aimoga Robot with a strong participation in the 21st Shanghai International Motor Show, which will start on April 23rd. The brand continues to grow rapidly in global markets with new energy strategies and super hybrid technologies.

19/04 Jacoo's electric star Jaecoo 5 Bev will be introduced to the world in Shanghai!

At the 21st Shanghai Motor Show, which will start on April 23rd, Jacoo takes its speed further further with the fully electric Jaecoo 5 BEV on its global energy journey. The brand reinforces its leadership with its super hybrid system and innovative technologies.

18/04 Japan's Watanuki feels the love from Pepsi after mid-match swig

Japanese tennis player Yosuke Watanuki's mid-match craving for a fizzy drink at Indian Wells last month has put him firmly him on Pepsi's radar, with the beverage giant showing the effervescent player its appreciation with personalised gifts this week.

18/04 Over 170 arrested for attacks on Pakistan KFC outlets in Gaza war protests

Police have arrested scores of people in Pakistan in recent weeks after more than 10 mob attacks on outlets of U.S. fast-food chain KFC, sparked by anti-United States sentiment and opposition to its ally Israel's war in Gaza, officials said.

18/04 LVMH's Arnault lashes out at Brussels over US trade tensions

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found.

17/04 Russian barriers to re-entry stymie prospects of Western companies' return

Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.

17/04 LVMH shareholders agree Bernard Arnault can remain CEO until he is 85

LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world's largest luxury group until he's 85.

17/04 Jonathan Anderson will create June collection for Dior Men's Fashion, LVMH CEO says

Jonathan Anderson will create the June collection for Dior Men's Fashion, LVMH CEO Bernard Arnault said on Thursday at the group's annual meeting with shareholders.

17/04 Pernod's sales miss forecasts as tariffs weigh on spirits sector

Pernod Ricard reported a 3% decline in third-quarter sales on Thursday, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 Exclusive: Trump's tariffs on Chinese parts for Cybercab, Semi disrupt Tesla's US production plans, source says

Elon Musk has been touting the models as major innovations.

16/04 Dior shows fall fashion collection in gardens of ancient Kyoto temple

Dior creative director Maria Grazia Chiuri showed her fall fashion collection of loose, minimalist styles in the garden of the Toji Temple in Kyoto on Tuesday night.

15/04 Arkansas, Indiana ask USDA to let them ban soda, candy from food stamps program

Arkansas and Indiana on Tuesday became the first states to ask the U.S. Department of Agriculture to allow them to ban soda and candy from the Supplemental Nutrition Assistance Program, also known as food stamps.

15/04 Trump trade war dries up sorghum sales to China but US farmers plan to plant more

U.S. President Donald Trump's trade war with China comes at a bad time for sorghum growers like Dan Atkisson in Kansas, who is nevertheless preparing to increase plantings by 25% this spring.

15/04 LVMH shares slump after luxury giant's Q1 sales miss forecast

LVMH shares sank on Tuesday after the world's largest luxury group posted first quarter revenue that undershot expectations as U.S. shoppers curtailed the purchase of beauty products and cognac while sales in China remained weak.

15/04 Breakingviews - LVMH’s opaque succession merits investor discount

Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion French luxury giant. Shareholders will this week vote on whether to raise the age limit for both roles to 85. While Arnault’s age is not necessarily a problem for investors, the lack of clarity about who

15/04 Toyota will launch 15 EV models up to 2027

Toyota plans to present 15 new electricity models, including those who hold the Lexus badge.

14/04 LVMH misses sales forecast as core business slumps in first quarter

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said on Monday.

11/04 German Birkenstocks, beer, and Riesling wine caught in US tariff crosshairs

In the Barbie movie, the iconic doll faces a pivotal decision: opt for her trademark but impractical sky-high stilettos or embrace the down-to-earth comfort of the quintessentially German Birkenstock sandal?

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Insight: LVMH finds making Louis Vuitton bags messy in Texas

Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.

09/04 Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows

Vietnam's Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal schedule seen by Reuters.

08/04 US wine sellers worry as Trump tariffs set to hit Wednesday

Adam Williams, 57, owner of Ansley Wine Merchants in Atlanta, said he was bracing for the worst on Wednesday, as President Donald Trump's tariffs are set to kick in, which will spike costs of the imported wines and liquors he sells.

07/04 European stocks' stellar start to 2025 snuffed out as tariffs cloud Q1 earnings

European equities' impressive start to 2025 has been obliterated in three sessions of heavy selling, while executives tot up the potential impact of U.S. tariffs on supply chains, possibly forcing them to ditch previous financial predictions.

06/04 Trump's 20% tariff clouds future of Italian wines in US

The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump's imposition of a 20% tariff on European imports.

06/04 EU seeks unity in first strike back at Trump tariffs

The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.

05/04 France's cognac makers, buffeted by trade wars, reel from Trump's tariffs

Christophe Fillioux's family estate in the cognac region of southwest France has survived for five generations, through wars and financial crises. Now, though, he has started to tear up some of his vineyards by the roots.

03/04 France's Macron calls for suspension of investment in US after tariffs

French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.

03/04 Import tax on coffee pressures US roasters already facing high prices

The first U.S. tariffs on coffee imports since colonial times will increase costs and complexity to importers and roasters already dealing with near-record prices.

03/04 Trump's tariffs set to drive up bar bills and cut jobs

From Negroni cocktails to Scotch whisky, costs will rise, sales will fall, jobs will be cut, and drinks brands will disappear from U.S. bar menus as a result of President Donald Trump's reciprocal tariffs, industry bodies said on Thursday.

03/04 French wine, spirits sales in US expected to fall 20% after tariff announcement

Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S. President Donald Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.

02/04 Trump administration adds beer, can imports to 25% US aluminum tariffs

The Trump administration on Wednesday said it was slapping a 25% tariff on all beer imports, adding the beverage and empty aluminum cans to a list of derivative products subject to its tariffs on aluminum.

02/04 Trump uses power against foes unlike any other modern US president

In just 10 weeks in office, Donald Trump has imposed his will on perceived adversaries in business, politics, the media and allied nations by leveraging power in ways no other modern U.S. president has tried.

02/04 Porsche's Macan SUV has evolved into a BEV in its second generation, and is it a new benchmark for SUVs?

Porsche's best-selling SUV, Macan, which continues to sell not only in Japan but also around the world, is now in its second generation. This time there are two models, the Macan 4 and Macan Turbo, but both are full electric models. The degree of perfection is very interesting.

31/03 Big Tobacco targets Trump in hope - and fear - of change

Big tobacco companies like British American Tobacco are lobbying U.S. President Donald Trump's administration to crack down on illegal vapes, including via import bans on Chinese devices, documents show and industry consultants said.

31/03 Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew 

Drought hit coffee farmers in Brazil hard last year, drying up trees and driving global prices to record highs. But Rodrigo Brondani is expecting a bumper harvest.

31/03 Focus: As ‘Buy Canadian’ grows, more US companies say retailers turning away their products

The "Buy Canadian" movement is sending new ripples of concern through the executive offices of U.S.-based consumer companies that banked on selling their products on Canadian retail shelves.

27/03 Coming to a store near you: double-digit coffee price hikes

If your favourite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up to 25% more expensive.

24/03 US retailers haggle with suppliers after Trump tariffs

U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise.

11/03 Even ski fans will thrill (this) perfection level [Latest import deep digging test: Mercedes-Benz G580 with EQ technology]

The G-Class has been loved for many years under the name "Gelendewagen", which means off-roader in German. Finally, the G580 with EQ technology, a fully electric vehicle (BEV) model, has arrived in Japan. This time, we will tell you about the unparalleled level of perfection that we felt during test drives on public roads. (Text: Kawauchi Yusaku <This magazine> / Photo: Nagamoto Hidekazu From the

10/03 Volvo's 6th BEV "ES90" is now on sale in Europe. Volvo's first 800V architecture

Sales of the sixth BEV (electric vehicle), the ES90, has begun in Europe, following the Volvo EX90, EM90, EX40, EC40, and EX30. The exclusive model, the ES90, which combines the appeal of a sedan, a five-door coupe and a SUV, is also the first Volvo to adopt an 800V architecture.

09/03 Victoria Beckham shows curled hems and collars at Paris Fashion Week

Victoria Beckham showed a line-up of sleek, monochrome looks featuring curled hems and collars for her fall/winter catwalk outing, held in a stripped down building in the centre of Paris.

09/03 Hermes shows slick leather ensembles on dirt runway at Paris Fashion Week

Hermes designer Nadege Vanhee presented a fall-winter 2025 collection of glossy coats, dresses and trousers in dark-coloured leather on Saturday, showing the sleek styles on a dirt-covered runway in Paris.

08/03 France's former spy chief found guilty of using public resources to aid LVMH

A Paris court found the former head of France's domestic security services, Bernard Squarcini, guilty on Friday of using public resources to benefit LVMH, in a trial that shed light on efforts by the world's biggest luxury group to protect its reputation.

07/03 Global coffee trade grinding to a halt, hit hard by brutal price hikes

Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.

05/03 Jack Daniel's maker says Canada pulling US alcohol off shelves 'worse than tariff'

Jack Daniel's maker Brown-Forman's CEO Lawson Whiting said on Wednesday Canadian provinces taking American liquor off store shelves was "worse than a tariff" and a "disproportionate response" to levies imposed by the Trump administration.

05/03 Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat

Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy.

04/03 How a key ingredient in Coca-Cola, M&M's is smuggled from war-torn Sudan

Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's sweets, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.

19/02 There is an electric car incentive, Toyota gives a BEV production signal in the country

Toyota gives a signal to produce battery -based electric cars (BEV) in Indonesia.

27/01 5th place globally! PEUGEOT Türkiye took its success to the top

Peugeot Turkey General Manager Gupse Kaplan, "2024 was very efficient for us. We ranked fifth in the country market with 73 thousand 542 sales, and after France, we became the second country where Peugeot was sold. We have completed our power in the market with our family in 2025. "

25/01 Netizens compare the cost of electric cars vs. conventional cars, apparently can save Rp. 22 million

A netizen on Instagram compares the cost of using electric cars and conventional cars, apparently can save up to Rp. 22 million

25/01 Exclusive: FTC chairman says COVID is long over, get back to the office

The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the COVID pandemic is long over and workers need to be at their desks.

25/01 Iconic statue cut in half in Australia Day attack

Two iconic Melbourne statues have been vandalised in the lead up to Australia Day.

24/01 Jeep Avenger x Fiat 600E where a smart SUV has come to electricity [Comparison latest compact]

A vivid presence that colors the streets...If I had to categorize it, I would probably call it a "fashionable SUV." Both are "stylish" models that perfectly meet the demands of the times while inheriting the brand's iconic design. What is surprising is that the two cars are "brothers" sharing the same chassis. However, the underlying spirit seems to be slightly different. (Text: Motohiro Yamazaki/

24/01 India antitrust body seeks official documents in Pernod Ricard probe

India's antitrust watchdog has sought additional information and documents from Delhi city authorities as it steps up an investigation into allegations of competition law violations by France's Pernod Ricard , a government document shows.

24/01 Burberry gets holiday boost thanks to American shoppers

Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday season in the United States, an encouraging step in the British luxury brand's turnaround efforts.

24/01 European earnings may keep the mood sweet as tariff fears grow

European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.S. President Donald Trump's tariffs threat.

22/01 Japan's biggest car festival! Three models that are attracting attention at the Tokyo Auto Salon

Tokyo Auto Salon 2025 was held at Makuhari Messe from January 10th to 12th this year.The total number of visitors over the three-day period was over 258,000, which was about 28,000 more visitors than last year. Ta. I would like to introduce three carefully selected models that caught my attention at the highly successful Tokyo Auto Salon 2025. ■“R32EV” which digitally reproduces the driving pleasu

22/01 London cafe gives workers with learning disabilities a 'fair shot'

From the hiss of steam warming milk, the clank of emptying used coffee grounds and the chatter of customers, Fair Shot is like any another London coffee shop, but it's also a training centre for young adults with learning disabilities.

22/01 Wealthy Indians tap into bathroom luxury with $18,500 smart toilets

In India's polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old entrepreneur builds his dream home, he is indulging his designer tastes with a luxury bathroom.

22/01 Pharrell Williams teams with Nigo for Vuitton show at the Louvre

Louis Vuitton men's creative director, Pharrell Williams, drew his audience to a rear courtyard of the Louvre Museum after dark on Tuesday for a fall-winter catwalk show, kicking off Paris Fashion Week with a line-up of jazzed up streetwear.

21/01 Trump's inaugural brings the world's billionaire elites en masse to DC

The attendees at a U.S. presidential inauguration do not often resemble the annual gathering of the world's richest in Davos, Switzerland, which kicked off on Monday, but the parallels were hard to ignore as Donald Trump was sworn in as U.S. President.

20/01 Trump's inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony

Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.

20/01 Heineken's United Breweries to resume beer supply to Indian state

Heineken's Indian unit United Breweries will resume beer supplies to India's Telangana state, the company said on Monday, weeks after it halted supply over pricing and non-payment of dues by the state government.

20/01 Trump's inauguration poses new test for Western firms in Russia

His second term may give some companies the political cover to stay on in Russia.

19/01 Champagne shipments hit by gloomy consumer mood in 2024, producers say

French champagne shipments fell by nearly 10% last year as economic and political uncertainties hit consumers' appetite for the sparkling wine in key markets such as France and the United States, the producers association said.

18/01 Mid-size EV sedan “Mazda 6e” debuts in Europe, how will it be introduced to the Japanese market?

On January 10, 2025 (local time), Mazda Europe (Mazda Motor Europe) announced that it will introduce a new battery EV "Mazda 6e" in Europe. It made its world premiere at the Brussels Motor Show 2025 (Belgium) and will go on sale in Europe from this summer.

16/01 Luxury groups pin hopes on US as China weakness persists

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given forecasts for more market weakness in China.

16/01 Trump upended trade once, aims to do so again with new tariffs

Trump's biggest first-term trade impact was to shatter decades of political consensus favoring ever-lower trade barriers that had allowed China to become the world's largest goods producer.

16/01 Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround

Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.

16/01 Denmark's prime minister summons business leaders following Trump's Greenland threat

Denmark's Prime Minister Mette Frederiksen has called the country's business leaders to a meeting on Thursday after U.S. President-elect Donald Trump last week threatened military or economic action such as tariffs to take control of Greenland.

15/01 Thai billionaire wants to collect nearly 21 million more Vinamilk shares

F&N Dairy Investments of Thai billionaire Charoen Sirivadhanabhakdi registered to buy nearly 21 million additional Vinamilk shares to increase its ownership ratio to 18.69%.

14/01 Brown-Forman to cut about 12% of global workforce as part of restructuring

Brown-Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand.

10/01 Morning Bid: Bonds simmer as payrolls offer reality check

A look at the day ahead in U.S. and global markets from Mike Dolan

07/01 Breakingviews - Big Booze speeds towards low-growth tobacco status

Alcohol giants have a hazy future. Late last week, the U.S. surgeon general said beer and spirits cause cancer and should carry health warnings. The wider trend has echoes of the historic backlash against Big Tobacco, and appears to be partly factored into brewers’ depressed valuations. If the trend for less drinking continues, higher-rated spirit makers like $70 billion Diageo and $30 billion Per

04/01 Even before US alcohol warning, younger Americans were turning to mocktails

Half of Americans between ages 18 and 25 used alcohol in the last month, down from 60% from 2013, a survey shows.

04/01 Chinese car manufacturers have changed their strategy: they are pushing ahead with hybrids in Europe

Due to EU punitive tariffs on Chinese electric cars, major manufacturers have switched from purely electric cars. The intensifying price competition for hybrids further complicates the situation of the already suffering European car sector.

03/01 Alcohol cancer risk warning may face tough road with Trump

President-elect Donald Trump and his nominee to run the U.S. Department of Health and Human Services, Robert F. Kennedy Jr., do not drink and have been outspoken about the dangers of alcohol.

03/01 Explainer: How alcohol consumption impacts cancer risk

The U.S. Surgeon General on Friday said all alcoholic drinks, whether beer, wine or spirits, should carry a label warning that consumption increases the risk of cancer.

03/01 Alcohol stocks drop after US surgeon general calls for cancer warnings

Shares of European and American spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on the labels of alcoholic drinks.

03/01 Trouble in China's shopping paradise as Hainan duty-free spending falls 29%

Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.

02/01 Breakingviews - Moutai will raise a glass to its LVMH moment

Kweichow Moutai–Li Ning, or KMLN, may not have the same ring as Louis Vuitton Moët Hennessy, but it could be China’s next national consumer champion. Moutai , the world’s largest distiller, wants to appeal to young shoppers. Marketing gimmicks with brands from Dove chocolates to Luckin Coffee have so far failed to gain traction. A bold swoop on the iconic but struggling sportswear retailer, Li Nin

02/01 The Mazda MX-30 R-EV, which is equipped with a rotary engine, was a very unique car both in driving and using it.

The MX-30 has been a very unique model since its debut in 2020, but it has become even more distinctive with the release of the rotary EV in November 2023. Above all, the biggest topic is that it is equipped with a rotary engine, which can be said to be the "soul of Mazda." By the way, how is the fuel consumption, how far can it run on electricity alone, and how easy is it to use? I checked the po

31/12 Judge will not dismiss lawsuit claiming Poland Spring water is not from a spring

A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as "spring water."

31/12 Inside luxury goods' broken audit system

LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found.

27/12 [Test drive] Check out the capabilities of the Aria and Aria NISMO, which were developed by Nissan, which knows everything about electricity.

Nissan's lineup of electric cars includes the Sakura, Leaf, and Aria. Nissan is the only domestic automaker to offer three types of BEVs. We test drove Nissan's flagship BEVs, the Aria NISMO and the Aria, and confirmed their individual characteristics.

23/12 Nissan's mainstay in the electric car market, this is the price of the Nissan Leaf and its variants

The Nissan Leaf is Nissan's mainstay in the Indonesian electric car segment, this is the new price for each variant

23/12 Shrinking US bar tabs signal little festive cheer for liquor makers

Meaghan Dorman's five New York bars look just as full as they always do in December - packed with couples on dates, holiday get-togethers and business meet ups. But when takings are counted, it's clear that customers are spending less.

20/12 Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines to emphasize scarves, belts, wallets and home goods priced at $500 and under.

19/12 A gorgeous SUV coupe is not just about looks! DS Automobile's new flagship BEV "DS N°8" debuts

On December 12, 2024, DS Automobile announced its new flagship model "DS N°8 (Number Eight)".

19/12 Breakingviews - Luxury firms will warily cut prices to boost sales

Europe’s top fashion houses will reluctantly conclude that high profit margins are a luxury they can no longer afford in 2025. The likes of LVMH , Kering and Chanel aggressively hiked prices on handbags, shoes and jackets during the pandemic. As demand from Chinese consumers rapidly cools, CEOs will be forced to rethink.

18/12 As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

17/12 Government Issues PPnBM Incentives for Hybrid Cars, This Says Hyundai

This South Korean company will continue to strive and focus on developing the country's automotive industry through sustainable investment.

16/12 China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Since Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a following of more than 500,000 people.

11/12 Exclusive: Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk

Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk from U.S. President-elect Donald Trump's planned tariffs on Mexico, according to Mexican customs data reviewed by Reuters.

07/12 Consumers in Indonesia still need education about hybrid cars

Toyota said that consumers in Indonesia are not yet mature about hybrid cars and still need to be educated further.

05/12 Fully electric and limited to 55 units worldwide! World premiere of Maserati's 110th anniversary commemorative special edition car "GranTurismo 110 Anniversario"

The special edition GranTurismo 110 Anniversario commemorating Maserati's 110th anniversary will be unveiled for the first time in Modena, Italy on November 30, 2024. This is a model based on the BEV (electric vehicle) GranTurismo Folgore, and is a rare model that only 55 people in the world can get their hands on.

05/12 Japan's centuries-old sake tradition recognized on UNESCO cultural heritage list

UNESCO recognized Japan's ancient process of sake brewing as an "intangible cultural heritage" on Wednesday, which producers hope will boost global interest in the traditional rice wine that dates back centuries but has waned in popularity at home.

04/12 Exclusive: Pernod Ricard denied breaching India law. Its lawyers said otherwise

An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.

02/12 Japanese brewer hopes UNESCO listing makes sake as popular as sushi

At a Tokyo brewery dating back to the days of the samurai, Koichi Maesako drops a 3-metre-long wooden paddle into a giant, jade-coloured tank and gently stirs the white mixture that will turn into sake in a week's time.

28/11 Remy Cointreau braces for sharp drop in annual sales as no sign of US recovery

Remy Cointreau braced investors on Thursday for a bigger than expected fall in annual sales, citing weakness in its key U.S. market where inflation has hit demand and potential tariffs could deal another blow to the spirits maker.

28/11 LVMH chief Bernard Arnault to testify in France spy trial

LVMH Chairman and CEO Bernard Arnault is set to testify at a Paris court on Thursday in the trial of France's former spy chief Bernard Squarcini, a case that has cast light on the lengths to which the world's biggest luxury group has allegedly gone to protect its image.

25/11 New Zealand citizen poisoned by tainted alcohol in Laos returns home

Two Danes, two Australians, a Briton and an American died from methanol poisoning after visiting Vang Vieng, an idyllic town that is popular with foreign backpackers.

24/11 Laos vows justice after tainted alcohol kills tourists

The Lao government is "profoundly saddened" by the deaths of foreign tourists from drinking alcohol contaminated with methanol and pledged to prosecute those responsible.

20/11 France's Arnault family says buying Paris FC soccer club is long-term investment

Billionaire Bernard Arnault's family aims to gradually lift second-tier Paris FC to be among the elite of French soccer, with a strategy focused on training young players rather than poaching other clubs' stars, it said on Wednesday.

20/11 Top 20 global family-owned retail businesses

Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which would see the company go private and allow it to continue operating under current management.

20/11 Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

Retailers are in for a mixed holiday season ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals.

19/11 Hennessy staff strike over plan to bottle cognac in China

Around 500 staff at Hennessy, the cognac maker owned by French luxury giant LVMH , went on strike on Tuesday, a union representative said, to protest what he said was a plan to potentially bottle the brandy in China to avoid tariffs.

18/11 Price hikes offer chance for Guinness rivals as Diageo pushes zero alcohol brew

Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off some UK customers and opening the door to rivals such as Heineken's Murphy's.

13/11 Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry's customer base, according to consultancy Bain & Company.

13/11 India's middle class tightens its belt, squeezed by food inflation

India's city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country's brisk economic growth.

08/11 Cartier owner Richemont's profit miss, China caution hit luxury shares

Cartier owner Richemont missed first half profit forecasts and remained cautious about a recovery in China on Friday, sparking a sell-off in European luxury stocks.

07/11 Food companies sell products that are less healthy in poorer countries, says report

The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new report.

05/11 Coca-Cola Europacific Partners cuts annual sales forecast on weak Europe demand

Coca-Cola Europacific Partners , a bottling unit of Coca-Cola , lowered its annual sales forecast on Tuesday in response to reduced demand for beverages in Europe, as well as weakness in Indonesia linked to the Middle East conflict.

31/10 Los Angeles County sues PepsiCo and Coca-Cola over plastic pollution

Los Angeles County has sued beverage makers PepsiCo and Coca-Cola , accusing them of polluting the most populous U.S. county with plastic bottles and misleading the public about the environmental impact and recyclability of their containers.

31/10 Brewers volumes disappoint as drinkers buy less beer

Two of the biggest brewers Anheuser-Busch InBev and Carlsberg sold less than forecast in the third quarter as consumers, particularly in China, cut their spending by drinking less or choosing cheaper beer.

31/10 Carlsberg maintains profit forecast despite lower beer volumes in China, France, UK

Brewer Carlsberg reported third-quarter sales in line with expectations on Thursday and said it maintained its full-year earnings forecast despite lower beer volumes in China, France and the UK.

31/10 Chinese planemaker COMAC expands overseas push with Hong Kong office, maintenance deal

Chinese planemaker COMAC opened in Hong Kong its second office this week outside mainland China, a subsidiary said on Thursday, as the state-owned company tries to break into a global passenger jet market dominated by Western manufacturers.

30/10 Starbucks reports drop in comparable sales, earnings as global demand suffers

Starbucks on Wednesday reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the key U.S. and China markets.

29/10 EU slaps tariffs on Chinese EVs, risking Beijing payback

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.

29/10 Founder of TikTok owner ByteDance jumps to top of China's rich list

ByteDance founder Zhang Yiming is China's richest person, with personal wealth of $49.3 billion, an annual rich list showed on Tuesday, although counterparts in real estate and renewables have fared less well.

28/10 Some companies change tack in China with no recovery in sight

Customers are cutting spending amid a property crisis and a rise in unemployment.

25/10 Remy abandons hopes for sales recovery as problems mount

Remy Cointreau slashed its full-year guidance on Friday, delaying its recovery from persistent double-digit sales declines, pushing out further a turnaround in the key U.S. market and flagging tougher conditions in China.

24/10 Hermes Q3 sales up 11.3%, continues to outshine rivals

Birkin bag maker Hermes reported on Thursday an 11.3% rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.

24/10 Horizon Robotics shares jump 28.3% in Hong Kong trading debut

Shares of Horizon Robotics soared 28.3% in its trading debut on Thursday after the Chinese autonomous vehicle maker raised $696 million in this year's largest initial public offering (IPO) in Hong Kong.

24/10 Tequila maker Becle quadruples net profit in third quarter on peso's slump

Mexico's Becle , the world's largest tequila producer, more than quadrupled its net profit in the third quarter, it said on Wednesday, boosted by favorable foreign exchange-rate dynamics.

23/10 Coca-Cola eyes higher-end of 2024 sales view on resilient soda demand in US

Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in third-quarter sales on Wednesday.

23/10 Heineken quarterly revenue slightly ahead of forecasts

Dutch brewer Heineken's third-quarter sales figures beat forecasts on Wednesday, buoyed by higher priced and non-alcoholic beers, but full-year guidance was left unchanged.

22/10 Only Lexus can win! What about the new SUVs “TZ” and “LQ”?

Lexus has announced a strategy to have a full lineup of battery EVs in 2030, and to have all of its vehicles globally equipped with battery EVs by 2035. As of 2024, Lexus has a rich lineup ranging from sedans to SUVs, MPVs, coupes, and even yachts. It is expected that more models will be added to the Lexus lineup. What I know now is "TZ" and "LQ...

22/10 Breakingviews - Why brewers are betting big on alcohol-free beer: podcast

Consumers are shunning booze due to health concerns and shifting tastes, forcing beermakers to adapt. In this episode of the Big View podcast Louise Fitzpatrick, an executive at the Dutch brewer Heineken, explains the opportunities and challenges of selling suds without alcohol.

21/10 Moncler holds star-studded Genius event in Shanghai

Luxury clothing maker Moncler showcased its latest celebrity collaborations in a series of pavilions built inside an old shipyard in downtown Shanghai on Saturday as it looks to shrug off the sector's global malaise.

21/10 China's booming grey markets add woes to luxury brands

China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to buy them, deepening concerns for the likes of LVMH .

14/10 King caught up in Aussie ‘insult’ row ahead of tour

Monarchists in Australia have hit out at our state premiers after it was revealed all had declined invitations to attend a reception welcoming King Charles and Queen Camilla to the country.

13/09 Stellantis, new stop at the Mirafiori plant. The warning: it's not enough to produce cars, you also have to sell them

There is no peace in the automotive sector. The not so happy news arrives in bunches and the scenario seems gloomy throughout the continent. In Germany you...

11/09 As beer loses share to hard seltzer, US barley farmers scramble

Don Nygaard, a third-generation farmer in a remote corner of North Dakota, used to grow malt barley for Rahr Malting Corporation to make into lagers, pale ales and IPAs.

11/09 Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO Niinami

Japan's Seven & i responded fairly by saying a takeover offer from Canada's Alimentation Couche-Tard was too low, Suntory Holdings chief executive Takeshi Niinami said on Wednesday.

09/09 LVMH names UK designer Sarah Burton as Givenchy creative director

French luxury goods company LVMH named on Monday Sarah Burton, the British fashion designer who was behind the Princess of Wales' 2011 wedding dress, as the new creative director for its Givenchy label.

06/09 Exclusive: India to extend sugar export ban to boost local supplies, ethanol output, sources say

India plans to extend a ban on sugar exports for the second straight year as the world's biggest consumer of the sweetener grapples with the prospects of lower cane output, government sources said.

05/09 Cash-strapped consumers are giving Australia's liquor makers a headache

A recent slump in sales means Sydney liquor store owner Louise Dowling has to work an additional 40 hours a week to make up for the staff she had to let go, as a prolonged cost of living crisis in Australia drives more people to drink less.

05/09 Europe's luxury stocks drop on China concerns

Shares in some big European luxury goods companies fell sharply on Thursday, with traders citing growing concerns over slowing demand in the key Chinese market following the latest signs of a weakening in the world's No. 2 economy.

04/09 Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas

Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan.

03/09 Constellation Brands to record up to $2.5 bln in charges linked to wine business

Constellation Brands will write down the value of its wine and spirits business and take up to a $2.5 billion charge in the current quarter, the Corona beer maker said on Tuesday, following several quarters of weak demand in the U.S.

29/08 Smokers under 30 need photo IDs to buy tobacco products, US FDA says

The U.S. Food and Drug Administration has mandated more people show photo identification when buying tobacco products, as the health regulator raised the age verification requirement by three years.

29/08 Morning Bid: Nvidia 'beats' as expected, but fallout limited

A look at the day ahead in U.S. and global markets from Mike Dolan

29/08 Pernod Ricard forecasts return to growth in 2025

France's Pernod Ricard on Thursday forecast its sales will grow again next year even as challenges in the U.S. and Chinese markets persist, after reporting an annual 1% drop largely in line with forecasts and its own guidance.

29/08 China won't impose provisional anti-dumping measures on EU brandy

Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks.

28/08 US companies tweak diversity policies as challenges mount

More U.S. companies are modifying their diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at workplaces amid rising pressure from conservative groups.

27/08 Chinese embrace icy DIY drinks as competition with cafes heats up

Pre-packaged cups of ice have been flying off the shelves of Chinese convenience stores this summer as consumers experiment with tea, coffee and juice combos to make affordable, cold drinks that don't involve a trip to a coffee shop.

26/08 What went wrong for Nestle CEO Mark Schneider

Mark Schneider, Nestle's recently ousted CEO, steered the world's biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply chain crunch, and pulled off a historic reorganisation.

18/08 Diageo submits financial documents in Delhi police investigation, source says

Spirits group Diageo's Indian unit has submitted financial documents sought by New Delhi anti-corruption police in an investigation related to billing and discount practices involving city agencies, a source familiar with the matter said.

15/08 Electric Car Battery Prices Will Get Cheaper

Can cut the gap in the price of electric cars with conventional vehicles.

15/08 PepsiCo can be sued over health claims for Gatorade protein bars, judge says

PepsiCo can be sued for marketing its Gatorade protein bars as good for you though they have more sugar than protein and more sugar than typical candy bars, a federal judge ruled.

15/08 Brewers tap growth of zero-alcohol beers in Middle East

Egyptian Mohannad Abdelazeem, 35, doesn't drink alcohol. But he does consume three or four cans per day of Moussy and Fayrouz - alcohol-free beers.

11/08 Paris Games reboots Olympic brand, raising bar for LA

Against all odds, the Paris Olympics have delivered.

09/08 Developers of vapes for migraine, asthma will need to win over sceptics

A handful of North American companies which see potential for vape-like devices to ease migraines and respiratory diseases such as asthma have a long road to convince health authorities and patients that their products can be the future of inhaled medication.

09/08 From PepsiCo to P&G, India becomes next big growth bet as China lags

India has become the next big bet for PepsiCo, Unilever and other packaged goods giants looking to fill the growth vacuum left by an uneven recovery in China.

08/08 Investors feel the pinch of thriftier consumers on company profits

Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power.

07/08 Next Games will have more product placement, commercial opportunities-IOC

From selfies with Samsung phones on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics have widened the scope for sponsors' product placement like never before, and this trend will continue in future Games, the International Olympic Committee said on Wednesday.

07/08 Mars' mulled deal for Kellanova should withstand regulatory scrutiny

Mars' contemplated acquisition of U.S. snack maker Kellanova stands a good chance of getting past global antitrust regulators, legal experts say, even as it touches on a sensitive area of government oversight -- how much consumers pay for food.

06/08 Exclusive: LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim

LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found.

04/08 Exclusive: India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod

India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events, which could force firms such as Carlsberg, Pernod Ricard and Diageo to redraw marketing campaigns.

03/08 Amazon says consumers cautious, forecasts revenue below Wall Street targets

Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down nearly 8%.

03/08 Walmart's low price promise in focus after Amazon's warning

Walmart's "Everyday Low Price" promise will be put to the test when it reports quarterly results, after rival Amazon.com's warning that customers had turned bargain hunters, pressuring the online shopping behemoth to forecast a weak current quarter.

03/08 Paris Olympics: What you need to know right now

French judo great Teddy Riner bagged a fourth Olympic gold medal on Friday, while home favourite Leon Marchand is targeting his own fourth swimming title of the Paris Games later in the day.

28/07 Six points deducted for Canada's women after drone scandal

The Canadian women's national team received a draconian penalty after using a drone twice during opponents' training.

25/07 In the aftermath of the drone scandal at the 2024 Olympics, two coaches were sent home

Two members of the Canadian women's soccer team's coaching staff have been sent home ahead of the 2024 Paris Olympics.

21/07 Prospective Market, Check Out the List of Best-Selling Electric Cars in Indonesia

Wuling succeeded in becoming the car brand that sold the most BEVs in Indonesia during the first six months of this year.

16/07 Why is it that PHEVs, which are gaining attention due to the headwinds of EVs, are not yet able to become mainstream?

The early models of the previous Prius PHV (Toyota Motor Corporation) were equipped with a quick charging port as standard, except for the base grade (Photo by the author).The plug allows charging from an external power source and allows driving with low fuel consumption even after the battery runs out. Inhybrid...

12/07 US firms bet on Paris Olympics with new stores, marketing push

U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales.

12/07 English pubs and shops gear up for Euro 2024 final bonanza

English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.

11/07 South Korean beauty buffs can now thank AI for the perfect foundation shade

Customers have booked out South Korean cosmetics giant AmorePacific's new artificial intelligence beauty lab, where robots custom mix face products and the latest technology recommends the most suitable lipstick colors.

11/07 Morning Bid: Countdown to CPI

A look at the day ahead in European and global markets from Tom Westbrook

09/07 In Olympics push, France ramps up war on fake fashion 

In the touristy Saint-Ouen flea market, not far from the Stade de France where athletes will compete in this summer's Paris Olympics, police officers swarmed in at dawn on April 3 and shut down 11 stores selling counterfeit bags and shoes.

08/07 China EV maker BYD to build $1-bln plant in Turkey

Chinese electric vehicle manufacturer BYD Co Ltd agreed with the Turkish government to build a $1-billion production plant in Turkey with an annual capacity of 150,000 vehicles, state-run Anadolu news agency said on Monday.

08/07 Carlsberg to buy Britvic for $4.2 billion

Carlsberg has agreed to buy British soft drinks maker Britvic for 3.3 billion pounds ($4.23 billion) and buy out UK pub group Marston's from its joint venture with the Danish brewer, in a bid to create a UK beverage company.

06/07 China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chief at Hennessy cognac owner LVMH said on Saturday.

04/07 High costs, safety worries hurt Paris Games bookings

Spiralling travel and accommodation costs, French political tumult and security concerns are discouraging many sports fans and visitors from attending the Paris Olympic Games this summer.

04/07 Volkswagen unveils four new models at once. Future strategies and approaches should be “double-pronged”!

On July 3, 2024, Volkswagen Japan announced five new models: T-Cross, Tiguan, Passat, Golf, and Golf Variant. . We will introduce the details of each individual model again, but here we will introduce Volkswagen's future strategy and an overview of new models.

02/07 Child labourers at India's Som liquor unit worked 11 hours a day, government says

An Indian state government's inspection of a Som Group distillery said child labourers, some aged between 13 and 17, were made to fill and pack liquor bottles and worked long hours.

01/07 Tiny Chain Bridge is top banker to Trump, Republican campaigns

When Republican campaigns want a banker, they don't go to New York or San Francisco, but to downtown McLean, Virginia - about a 20 minute drive from the White House, where a one-branch bank next to an auto repair shop has beaten bigger financial rivals to become a must-have partner for political work.

26/06 Chinese liquor makers endeavour to give Westerners a taste for baijiu

Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in New York, Los Angeles and London, as sales at home slow.

24/06 Australian wine sector a worrying case study for EU industries in China trade spat

Hit with Chinese tariffs, Australia's wine industry struggled to offset the impact of falling exports despite scrambling to build new markets, source grapes from elsewhere and seek government help, industry executives said.

22/06 Giant cats stalk the catwalk at the Dior men's show

Dior men's artistic director Kim Jones showed his summer 2025 collection for the LVMH-owned label on a Paris runway decorated with giant cat sculptures on Friday.

21/06 In a first, FDA authorizes flavored e-cigarettes from Altria's NJOY for sale in the US

The U.S. Food and Drug Administration authorized four of Altria's menthol e-cigarettes for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the market.

21/06 Drinks maker Britvic rejects $3.93 billion takeover proposal from Carlsberg

British soft drinks maker Britvic has rejected a 3.11 billion pound ($3.93 billion) takeover proposal from Carlsberg Group , the companies said on Friday, the second approach from the Danish brewer it has turned down.

20/06 Food companies with Ozempic-friendly snacks and meals wade carefully into weight-loss waters

Nestle's new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters.

20/06 Indian liquor firm Som's shares plunge amid child labour concerns

Shares of Indian liquor firm Som Distilleries and Breweries fell as much as 9% on Thursday after authorities said they would impound one of the group's distilleries, where officials said 59 children had been working illegally.

19/06 Pharrell Williams kicks off Paris Fashion Week with Louis Vuitton show at UNESCO

Louis Vuitton men's creative director Pharrell Williams took to an outdoor, turf-lined runway at UNESCO headquarters on Tuesday, opening Paris Fashion week with an evening show.

18/06 Italy's 2023 farm output hit by climate change, statistics bureau says

Italian agricultural production shrank last year as wine, fruit and olive oil output all took a hit from extreme weather events linked to climate change, national statistics bureau ISTAT said on Tuesday.

15/06 Lexus Hybrid Cars Selling, Is Demand for Pure Battery (BEV) Models Minimal?

Sales of electrified products from Lexus Indonesia in May 2024 will still be dominated by hybrid types, raising questions about pure battery electric cars

13/06 French cognac makers 'deeply concerned' after EU slaps tariffs on Chinese EVs

French cognac producers are "deeply" worried about the results of a Chinese probe into European cognac imports, a trade body said on Wednesday, after the European Commission imposed tariffs on imports of Chinese electric vehicles.

11/06 Exclusive: Italian prosecutors probing supply chain of around a dozen more fashion brands -source

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, a person with knowledge of the matter told Reuters, after a unit of France's LVMH in Italy was placed under court administration in a worker exploitation probe.

10/06 Bernini #Gloments and <i>Glamour Magazine</i> partner to elevate female experiences

Bernini, the only real Sparkling Spritzer made from wine, is thrilled to announce an exciting partnership with Glamour Magazine. Together, these iconic brands are set to redefine female occasions with a series of premium Bernini #Gloments x Glamour experiences.#Gloments happen whenever real friends and Bernini get together for authentic and audacious occasions. Raising flutes to what makes women r

31/05 While others are lying down, sales of electric cars are skyrocketing

Sales of battery-based electric cars, or Battery Electric Vehicles (BEV) throughout January-April 2024 soared quite significantly

29/05 Exclusive: Nicotine-like chemicals in U.S. vapes may be more potent than nicotine, FDA says

Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the scientific data remains incomplete, according to the U.S. Food and Drug Administration (FDA) and independent researchers.

25/05 Differences in Types of Battery Electric Cars (BEV), Hybrid (HEV), PHEV and FCEV

Electric car technology, especially those circulating in Indonesia, has its own segments, from battery-based (BEH), hybrid (HEV), to PHEV.

22/05 Target issues weak forecast as shoppers pull back; shares tumble

Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed Wall Street estimates and issued a forecast for the current quarter that was also largely below expectations.

22/05 PepsiCo to expand EV fleet in California with Tesla semis, Ford vans

PepsiCo said on Tuesday it would expand its fleet of electric vehicles in California, deploying 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans at its facilities in the state over the next several months. The beverage maker said the move would help "step-change" the electrification of its equipment services fleet across California as it tries to reach its goal of net zero emissio

10/05 Dollar’s stubborn strength dents US companies’ earnings cheer

A host of U.S. companies are faced with a problem they had not expected to confront this year: a rising dollar.

09/05 Citgo Petroleum reports first quarter profit of $410 million

U.S. oil refiner Citgo Petroleum on Thursday reported its first quarter net fell 56% to $410 million, from $937 million in the same period a year ago.

08/05 Beer giant AB InBev meets Q1 revenue forecasts

Anheuser-Busch InBev reported on Wednesday a rise of 2.6% in first-quarter sales, in line with forecasts, but the impact of a roughly year-old U.S boycott of key brand Bud Light continued to hurt the brewer.

07/05 South Africa's Zuma faces dissent in new party as election nears

Former South African President Jacob Zuma is facing an attempt to oust him from leadership positions in his new party, state broadcaster SABC reported on Tuesday, three weeks before an election in which he is expected to attract significant support.

07/05 Macron seeks to charm Xi into trade concessions in Pyrenees jaunt

French President Emmanuel Macron welcomes Chinese President Xi Jinping in the Pyrenees mountains on Tuesday, for the second day of a trip during which Xi showed little sign of being ready to offer major concessions on trade or foreign policy.

07/05 Italian shoemaker Tod's to court US lovers of quiet luxury

An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks.

06/05 Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway , he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss.

06/05 China's Xi in Paris to meet Macron, with trade, Ukraine talks planned

Chinese President Xi Jinping awoke in Paris on Monday on his first visit to the region in five years, with trade and Russia's war with Ukraine on the agenda in talks with France's Emmanuel Macron and European Commission chief Ursula von der Leyen.

06/05 Chinese tariffs could leave cognac makers with too much brandy

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount.

05/05 Buffett talks succession and Berkshire's future at annual meeting

Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities.

05/05 France's Macron set to press Xi on trade, Ukraine

China's President Xi Jinping heads to Paris on Sunday for a rare visit, with his French counterpart Emmanuel Macron set to press him to reduce trade imbalances and try to convince him to use his influence on Russia over the war in Ukraine.

03/05 Morning Bid: Jobs test Fed relief, Apple buyback bump

A look at the day ahead in U.S. and global markets from Mike Dolan

02/05 Scammers flood US class action settlements with fraudulent claims

Artsana, a maker of child car booster seats, last year agreed to settle claims that it had misled customers about how to use its products, offering $50 to people who had bought Chicco-brand seats.

02/05 Novo Nordisk raises outlook fuelled by obesity drug demand

Novo Nordisk raised its 2024 outlook on Thursday and delivered better-than-expected quarterly profits as the Danish drugmaker races to boost output of its hugely popular weight-loss drug Wegovy and fend off competition from rival Eli Lilly.

02/05 Russia can't match a Western asset seizure, but it can inflict pain

Russia's ability to mete out like-for-like retaliation if Western leaders seize its frozen assets has been eroded by dwindling foreign investment, but officials and economists say there are still ways it can strike back.

01/05 Indian antitrust regulator checks if Pernod colluded with New Delhi retailers

India's competition watchdog is reviewing accusations that France's Pernod Ricard colluded with retailers in New Delhi to boost market share, the latest headache for the spirits giant in a key market, legal papers seen by Reuters show.

30/04 Starbucks reports surprise drop in same-store sales; shares tumble

Starbucks on Tuesday reported a fall in same-store sales for the first time in about three years as it battled weak demand for its coffees in the U.S. and China, its two biggest markets, sending its shares down 11% in extended trading.

30/04 Forest fires raze parts of India amid heat, dry weather

Frequent fires are razing forests in India's Uttarakhand state in the north and Odisha in the east amid high temperatures and long dry spells, and the blazes have been worsened by people burning the forest to collect a flower used to brew alcohol.

30/04 Coca-Cola raises annual sales forecast on global demand, higher prices

Coca-Cola raised its annual organic sales forecast on Tuesday after beating first-quarter revenue and profit expectations as customers shell out more money for the company's pricey sodas and juices globally.

30/04 Focus: Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too

Online fast-fashion retailer Shein is courting brands like toothpaste conglomerate Colgate-Palmolive and toymaker Hasbro as it tries to sell more household names on its platform.

29/04 Are Chinese cars just cheap? A 4,300km road test revealed the amazing potential of the BYD Dolphin

BYD Dolphin Long Range front view. The company's main model targeting young users (photographed by the author) BYD Auto (hereinafter referred to as BYD) was the first Chinese car brand to enter the Japanese passenger car market. Throwing to Japan...

26/04 Biden administration delays proposal to ban menthol cigarettes

The Biden administration on Friday delayed a plan to ban menthol cigarettes, citing the need for more time to review the health regulator's proposal.

25/04 Blackstone to buy restaurant chain Tropical Smoothie

Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal that a source said valued the restaurant chain at $2 billion.

24/04 Kering shares slump after luxury company warns of H1 operating profit drop

Kering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40% to 45% plunge in first-half operating profit.

23/04 PepsiCo's first-quarter results beat as international demand drives growth

PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday as demand for its sodas and snacks like Cheetos and Doritos in international markets drove growth even as it witnessed a slowdown in the United States.

23/04 Morning Bid: Tanking Tesla reports, Europe business beats

A look at the day ahead in U.S. and global markets from Mike Dolan

23/04 US sues to block merger of Coach and Michael Kors handbag makers

The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri , saying it would eliminate "direct head-to-head competition" between the flagship brands of the two luxury handbag makers.

22/04 Cava producer Freixenet plans to furlough 80% of workforce due to drought

Spanish cava producer Freixenet has presented a plan to lay off temporarily 615 workers, nearly 80% of its workforce, due to a drought in the Penedes area of Catalonia, it said in a statement on Monday.

19/04 Focus: Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs

Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato chips and Pepsi soda pop to retailers.

19/04 Cuba toasts the rum cocktail at Havana Club international competition

Cuba is famous for its rum cocktails and on Wednesday evening below Havana’s iconic Morro Castle, guarding its bay, 400 people gathered to toast its best-known rum, Havana Club, but not with Cuba libres, mojitos and daiquiris in hand.

17/04 LVMH shares rise after luxury giant's Q1 sales offer element of reassurance

LVMH shares rose on Wednesday, after first quarter sales figures from the world's largest luxury group offered an element of reassurance to investors concerned about the industry's outlook, particularly in China.

17/04 Japan Inc makes a renewed U.S. push as China fears mount

Japanese companies are increasingly hitching their growth plans to the United States, as concerns about Chinese demand and Beijing's influence over supply chains prompt a noticeable pivot toward the world's largest economy.

16/04 Morning Bid: Market mood stays sombre

A look at the day ahead in European and global markets from Ankur Banerjee

12/04 Breakingviews - Market forces knock ominously on US realtors’ door

The United States has more than 1.5 million realtors helping people buy and sell homes – more agents than there are currently homes for sale. That odd imbalance is the result of decades of distortions that have benefited the real-estate industry at the expense of its customers. A recent ruling promises to change the way homebuying works, creating some winners, and many losers both in the industry

09/04 Focus: Paris Olympics on track to hit NBC ad sales record after pandemic

As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUniversal is seeing renewed interest from major corporate sponsors in the premier global sporting event as fans are expected to fill Olympic stadiums for the first time since the COVID-19 pandemic.

09/04 China uncertainty clouds outlook for luxury sector

Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand and comparisons with last year when the lifting of COVID curbs in mainland China boosted sales.

08/04 Major food companies offering deals, new sizes as low-income Americans spend less

Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to overhaul their products and strategies following years of price hikes.

07/04 China's commerce minister due in Paris for electric vehicle talks

China's commerce minister Wang Wentao is due in Paris on Sunday for talks that are expected to cover China's fast growing export of cheap electric vehicles (EVs) into the European market.

07/04 Motorsport icon’s wife Bev Brock dead at age 77

Bev Brock, the “former wife” of Australian motorsport icon Peter Brock, has died at the age of 77.

05/04 China's crowded wine market offers no lifeline for struggling global industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic conditions of 2024 are unlikely to deliver the sparkling growth winemakers seek.

31/03 Breakingviews - Tata's forced IPO will only bring problems

One of India's biggest family businesses is in an pickle. Tata Group, the sprawling cars-to-tech conglomerate, is hurtling towards a forced listing of its holding company that would lump it with a yawning market discount. And if that wasn't bad enough, scrutiny that comes with an initial public offering could create other problems too.

30/03 'We retired - then sold our house and all our belongings to travel the world'

John Martin, 60, and his wife, Bev, 61, set off on their epic adventure in November 2021 after selling their home in Stuart, Florida, US, and listing their belongings and donating furniture to charities.

28/03 Exclusive: China commerce minister to head to Europe to make EV case

China's commerce minister will travel to Europe in April for discussions about the European Commission's investigation into whether China's electric vehicle industry has benefited from unfair subsidies, four people briefed on the plan told Reuters.

28/03 China lifts tariffs on Australian wine, ends three-year freeze in trade

China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies and offering long-awaited relief to Australian wine producers.

28/03 Foreign firms' losses from exiting Russia top $107 billion

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.

27/03 Louis Vuitton makes custom trunks for Paris Games flames, medals

The Olympic and Paralympic flames will each travel in a custom-made Louis Vuitton trunk this summer thanks to a sponsorship deal with the brand's owner LVMH.

27/03 European companies cut jobs as economy sputters

The highest inflation for decades and the impact of war in Ukraine have forced companies across Europe into layoffs or hiring freezes.

27/03 Global IPO revival lags first quarter share sales as markets rally

Dealmaking in global equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but a revival in initial public offerings has lagged.

26/03 In Spain, nuns quench pilgrims' thirst for beer and the word of God

A congregation of Catholic nuns has reopened a bar in an ancient sanctuary in northern Spain, pulling pints of beer in the hopes of spreading the word of God to thirsty guests visiting the 11th-century Romanesque site.

22/03 Valentino designer Piccioli leaves after 25 years at the company

Valentino creative director Pierpaolo Piccioli is leaving the Italian fashion house, the latest in a series of high profile designer changes in the industry.

20/03 Kering shares slump as Gucci's steep sales decline throws spotlight on China

Kering's shares slumped on Wednesday and are set for their worst day on record after the French luxury goods company warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia.