Year: 2024

Carlsberg targeted 1%-5% operating profit organic growth this year, and said it would step up investments in the Chinese and Vietnamese markets and its premium brands, expecting long-term revenue growth slightly higher than previously forecast.

The chief executive officer of Douyin, the Chinese version of TikTok, has stepped down to take on other responsibilities, a company spokeswoman said Wednesday.

China’s biggest solar companies are expanding in the U.S., where they will reap generous government subsidies.

Company says an alignment pin detached during its most recent spaceflight, but that it didn’t pose a safety risk to the crew on board.

The defense contractor and aerospace company is under investigation by U.S. regulators related to its recall of hundreds of Pratt & Whitney engines.

Natura &Co will consider separating its Natura business from the Avon brand, creating two separate publicly traded beauty companies.

The move comes “in connection with other expense reduction actions being taken by the management team,” the company said.