June 18, 2026

Latest News

Xiaomi India plans 10,000 New Stores

Xiaomi India plans 10,000 New Stores

Xiaomi India will open 10,000 outlets in a bid to lock down its dominance over Samsung in the territory. The Chinese-headquartered company also announced last week that it expects 50…
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LG Acquires Avon

LG Acquires Avon

LG Household & Health Care has acquired Avon North America in a US$125 million deal with an affiliate of Cerberus Capital Management. LG H&H holds a strong market position in…
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Starbucks sales surge despite China Growth

Starbucks sales surge despite China Growth

Starbucks sales growth has surpassed expectations with a glowing earnings report released yesterday that revealed strong performance in cafes across the US and China. “We are especially pleased with our…
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Shandong Ruyi seeks $500m

Shandong Ruyi seeks $500m

Chinese textile and retail investment company Shandong Ruyi will list an IPO for its recently acquired The Lycra Co in the hopes of raising around US$500 million. The group is…
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Australian dollar up Again

Australian dollar up Again

The Australian dollar has risen Monday, buying 70.42 US cents from 70.25 US cents on Friday. Last Friday, the local currency tumbled to a six-week low and three-year bonds rallied…
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Vicinity Centres Selects new Board

Vicinity Centres Selects new Board

Shopping centre operator Vicinity Centres has revealed that non-executive director Peter Kahan will replace Peter Hay as chair when he retires in August. Hay, who has served as chairman since…
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