The Business Times

Companies & Markets

Pfizer sues Metsera, Novo Nordisk over rival obesity drug bid

Founded in 2010, Lenskart counts Abu Dhabi Investment Authority, KKR, and TPG among its backers.

Lenskart starts taking orders for 72.8 billion rupees India IPO

US consumers are tightening spending in general due to an uncertain economy and government shutdown, and the rising cost of sweets has further prompted them to trim their candy budgets.

US candy makers haunted by Halloween discounts as retailers scare up sales

Puma had already cut 500 roles worldwide this year.

Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines

US consumers are increasingly watchful about spending on dining out, as economic uncertainty and inflation squeeze budgets.

Starbucks sales rebound globally, coffee prices bite margins

Tran Hoang Chau, founder of Vietnamese fashion accessories brand Chautfifth, said her stores in Vietnam receive quite a number of sales from Singaporean customers.

Vietnam boutique brands expand to Singapore amid rising demand

LVMH says that China sales “turned positive” in its most recent quarter.

Luxury brands turn on the charm in China to kindle nascent spending recovery

Lenskart plans to raise 21.5 billion rupees by selling new shares, and existing investors will be selling as many as 127.6 million shares, according to the ad.

SoftBank-backed Lenskart IPO to raise as much as 72.8 billion rupees

Novartis, which focuses on heart, kidney and metabolic drugs, immunology, neuroscience and oncology, is looking to boost its portfolio.

Novartis agrees to buy Avidity in US$12 billion biotech deal

The longer-term challenge for liquor producers is the consumer behaviour of millennials and Gen Zers, many of whom are eschewing baijiu’s potent kick and overpowering taste regardless of the price.

China baijiu makers try to woo sober Gen Z with milder liquor

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