(RTTNews) - Unilever (UL, ULVR.L, UN, UNA.AS, UNVB.DE) is in advanced discussions to combine its food business with spice-maker McCormick & Company (MKC), according to a report from The Wall Street Journal. The potential transaction would create a new food giant valued at roughly
(RTTNews) - Unilever (UL, ULVR.L, UN, UNA.AS, UNVB.DE) is in advanced discussions to combine its food business with spice-maker McCormick & Company (MKC), according to a report from The Wall Street Journal. The potential transaction would create a new food giant valued at roughly
格隆汇3月31日｜3月30日，全系标配RoboSense速腾聚创高性能数字化激光雷达，上汽大众首款增程式大型SUV ID. ERA 9X正式开启预售，并将于4月25日上市。作为“合资2.0”战略下的重磅力作，ID. ERA 9X深度融合德国百年造车底蕴与中国本土前沿智能科技，本次共推出Pro、Max、Ultra三款四驱版车型，预售价分别为32.98万元、35.98万元和37.98万元。 作为上汽大...
格隆汇3月31日｜3月30日，全系标配RoboSense速腾聚创高性能数字化激光雷达，上汽大众首款增程式大型SUV ID. ERA 9X正式开启预售，并将于4月25日上市。作为“合资2.0”战略下的重磅力作，ID. ERA 9X深度融合德国百年造车底蕴与中国本土前沿智能科技，本次共推出Pro、Max、Ultra三款四驱版车型，预售价分别为32.98万元、35.98万元和37.98万元。 作为上汽大众新能源战略的关键落子，ID. ERA 9X以满级产品力重塑增程SUV格局。ID. ERA 9X 集行云智能辅助驾驶、行云智能底盘、云栖智舱等九大黑科技于一身，并将多项旗舰级功能定为全系标配，无需额外付费，让入门车型也能享受满级体验。 在智能辅助驾驶领域，ID. ERA 9X将全球首搭升级Momenta R7强化学习世界模型，并全系标配速腾聚创高性能数字化激光雷达，组成全维感知矩阵。速腾聚创数字化激光雷达凭借高分辨率、高精度的三维感知能力，为车辆构建实时、精准的“千里眼”视野，助力实现车位到车位全场景辅助驾驶，让智驾体验更安心、更丝滑。 ID. ERA 9X 是上汽大众与速腾聚创 战略合作以来的首款量产上市车型。未来，速腾聚创将以领先的感知技术，持续携手上汽大众，实现中国智造与德国品质的深度融合，共同迈入“技术共创”的合资2.0时代。
Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move that could bolster its earnings prospects. The stock was up as much as 4.2% in Hong Kong trading, the biggest intraday gain since Jan. 29. The baijiu maker will raise Feitian’s ex-factory price — charged to distributors and whol...
Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move that could bolster its earnings prospects. The stock was up as much as 4.2% in Hong Kong trading, the biggest intraday gain since Jan. 29. The baijiu maker will raise Feitian’s ex-factory price — charged to distributors and wholesalers — by 100 yuan ($14.5) to 1,269 yuan per bottle starting Tuesday, according to an exchange filing. The suggested retail price will jump by 40 yuan to 1,539 yuan per bottle. Moutai last raised Feitian’s ex-factory price in late 2023, and the suggested retail sticker in 2018. The move is expected to support Moutai’s earnings growth as sales of its high-proof liquor have been pressured amid weak demand — and Beijing’s crackdown on boozy banquets among government officials and businessmen. It also reflects Moutai’s push to revamp its pricing framework while expanding direct-to-consumer sales channels. Read more: China Baijiu Makers Try to Woo Sober Gen Z With Milder Liquor Sales are now projected to grow 0.8% this year, compared with a previous forecast for a 1% decline, Goldman Sachs Group Inc. analysts including Leaf Liu said in a note. Growth could accelerate to 7% by 2027, they said. Morgan Stanley analysts said Feitian wholesale prices are likely to rebound in the near term following the increase, though supply and demand dynamics will remain the key determinant.
(RTTNews) - The Thai stock market has moved higher in two straight sessions, adding almost 7 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,450-point plateau and it figures to remain rangebound again on Tuesday.
(RTTNews) - The Thai stock market has moved higher in two straight sessions, adding almost 7 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,450-point plateau and it figures to remain rangebound again on Tuesday.
Volkswagen Group has unlocked a key $1 billion funding tranche for Rivian Automotive (NASDAQ:RIVN) after their joint venture successfully completed winter testing of its “production-intent” zonal architecture. The milestone, announced Friday, is part of a broader strategic partnership and joint venture agreement reached in late 2024 to develop next-generation software-defined vehicles. "We're acce...
Volkswagen Group has unlocked a key $1 billion funding tranche for Rivian Automotive (NASDAQ:RIVN) after their joint venture successfully completed winter testing of its “production-intent” zonal architecture. The milestone, announced Friday, is part of a broader strategic partnership and joint venture agreement reached in late 2024 to develop next-generation software-defined vehicles. "We're accelerating toward the future," Volkswagen CEO Oliver Blume said in a statement Friday. The funding act
Flight bookings in China have grown 20 per cent year on year ahead of the annual Ching Ming Festival holiday that starts this weekend and follows public school breaks in much of the country – despite higher airfares on account of rising fuel prices. Holiday bookings had reached 2.04 million flight tickets as of Thursday, state broadcaster CCTV said, citing figures from data provider TravelSky Tech...
Flight bookings in China have grown 20 per cent year on year ahead of the annual Ching Ming Festival holiday that starts this weekend and follows public school breaks in much of the country – despite higher airfares on account of rising fuel prices. Holiday bookings had reached 2.04 million flight tickets as of Thursday, state broadcaster CCTV said, citing figures from data provider TravelSky Technology. CCTV’s Sunday report said cross-border holiday flight bookings inbound and outbound stood at...
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Caixin Global’s Top Stories of the Month newsletter brings you the most popular news coverage over the past month. If you haven’t, subscribe now to continue receiving this newsletter for FREE! Get group discounts with a tailored institutional Caixin subscription. Enjoy unlimited access to Caixin’s news website and app, plus premium benefits like event invites, custom services and dedicated support. # Tech # Analysis: Meta’s Manus Deal Faces Scrutiny in China Over Tech Exports, Antitrust Concerns
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices continued to climb with the U.S. threatening further attacks on Iran, including its energy infrastructure and desalination plants as the month-long war showed little sign of rel...
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices continued to climb with the U.S. threatening further attacks on Iran, including its energy infrastructure and desalination plants as the month-long war showed little sign of relief. President Donald Trump said Monday that if Tehran didn't re-open the Strait of Hormuz and agree to a peace deal for ending the war, "we will conclude our lovely 'stay' in Iran by blowing up and completely obliterating" electricity plants, oil facilities, and "possibly" desalination infrastructure, according to a Truth Social post . The West Texas Intermediate futures for May delivery extended gains, rising 3.5% to $106.44 a barrel as of 8:25 p.m. ET, sending their monthly gain to 56.8%, on track for their biggest monthly surge since 2020. May futures for Brent crude surged 2% to $115.17 per barrel, gaining 58.6% so far this month, poised for their biggest monthly rise on record. Iran war has entered its fifth week with hostilities escalating across the region. Tehran hit a fully laden Kuwaiti oil tanker in the anchorage area of Dubai's port earlier Tuesday. "Authorities in Dubai continue firefighting operations in response to the incident involving a Kuwaiti oil tanker," according to a social media post from the Dubai government, adding that no injuries have been reported. Trump has vacillated between hailing talks with Iran as productive and warning that he's prepared to order more military forces to the region. He told reporters on Monday that Tehran agreed to "most of" the 15-point ceasefire proposal put forth by the U.S. while Tehran has publicly rejected the terms and responded with conditions of its own, including maintaining control over the Strait of Hormuz. Trump has also reportedly weighed the option of sending in ground forces to seize Kharg Island, a major ...