The Business Times

Companies & Markets

Why Chinese shoppers are choosing local luxury over LVMH and Gucci

Pop Mart shares slumped more than 9 per cent on Oct 23 when the company’s third-quarter results beat forecasts but failed to allay concern that growth will slow into 2026.

Pop Mart’s Labubu risks beanie baby-style collapse: analyst

Food Empire's share price is up 9.4% or S$0.22 at S$2.57.
HOT STOCK

Shares of JB Foods, Food Empire soar on positive earnings

A delivery worker sorts out packages in Shanghai during the annual Singles' Day shopping festival.

China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations

Some suitors have been discussing potential offers valuing Costa Coffee at around £1 billion (S$1.7 billion), some of the people said.

Costa Coffee attracts takeover interest from backer of China’s Luckin

Burger King China will seek to double the chain’s number of restaurants in the country “within five years” and reach more than 4,000 locations by 2035.

Burger King to enter China joint venture, plans to double stores

Yoma says it intends to restructure the holding of its interest in Wave Money, such that its subsidiary YMFS will hold the group's existing 44 per cent interest in Wave Money.

Yoma Strategic’s H1 net loss narrows to US$5.7 million

Asahi was scheduled to report third-quarter earnings on Nov 12 but has postponed the release indefinitely.

Cyberattack leaves Asahi struggling as rival brewers gain ground

Starbucks Workers United has filed more than 100 charges against the company since December for alleged unfair labour practices, such as retaliation against unionising baristas.

US lawmakers urge Starbucks CEO to restart union talks

Lewis will be tasked with turning around the Johnnie Walker whisky and Guinness beer maker.

Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role

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