Consumer & Healthcare
Carrefour CEO eyes higher profits under core markets refocus
Retailer aims for 3.2% operating margin by 2028 and 3.5% by 2030
Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator
The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules
A family fights to keep control of 157-year-old firm in Japan
Nearly half of Japan’s listed companies are tied to a founding family, many of which no longer have enough equity to guarantee control
Tuck Lee Ice sues for S$500,000 over alleged ‘wrongful’ re-directing of search results
An online search for its name last year would show the results diverted and redirected to Superior Products Asia’s corporate name and website
McDonald’s India outlet gets regulatory warning over rotten tomatoes, reused oil
The outlet was issued a warning and given 14 days to fix its problems
McDonald’s beats quarterly global sales estimates as value bets pay off
The fast food chain is also delving deeper into the fast-growing beverage segment
For Swatch, the clock is ticking on strategy overhaul
Critics say it needs to innovate more, streamline brands
Owner of Dairy Queen, Papa John’s China operations is said to weigh US$500 million sale
Several high-profile global brands have been re-evaluating their China operations
Jack Ma-backed Ant bets on AI health in 480 billion yuan sector race
The move comes with risks in a digital health sector littered with companies that scaled quickly, but struggled to turn a profit
Barbie maker Mattel’s grim annual forecasts, quarterly miss sink shares
MATTEL on Tuesday forecast full-year profit below Wall Street expectations after missing fourth-quarter estimates, as weak discretionary spending weighed on toy demand, sending shares of the toymaker ...
