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Pernod Ricard, China

Pernod cuts sales outlook as China's tariffs and weak economy bite

Pernod Ricard cut its sales forecasts for 2025 and beyond on Thursday as tariffs, especially affecting its Martell cognac brand in China, weigh on the French spirits maker during an already tough time for the industry.

The Financial Times · 2h

Pernod Ricard cuts sales outlook on tariff uncertainty

Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell. The French spirits group,

Bloomberg on MSN · 3h

Pernod Ricard Cuts Sales Guidance Over China Cognac Slump

Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher.

Reuters on MSN · 4h

Drinks maker Pernod cuts sales forecast on poor outlook for China

French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China, particularly for its Martell cognac brand. The company said it now expected a low single-digit decline in sales for 2025,

China hits back with levies on US products

Associated Press · 4h

China counters with tariffs on US products. It will also investigate Google

China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just minutes after a

Reuters on MSN · 15h

'De minimis': the trade perk Trump ended as part of China tariffs

U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on Canada and Mexico,

USA TODAY on MSN · 1d

China hits back with levies on US products after Trump's tariffs take effect

China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.

China, Lunar New Year and Box Office

Variety on MSN · 21h

China Box Office Hits Record $1.3 Billion Over Lunar New Year, Imax Also Scales New Highs

China's film market enjoyed a record-breaking Lunar New Year, amassing a staggering RMB9.51 billion ($1.31 billion) in total box office revenue over the seven-day holiday period ending Feb. 4, according to a new report from Maoyan Research Institute.

CNN on MSN · 8h

China touts record spending over Lunar New Year holiday

Travel and spending during China’s Lunar New Year holiday hit new records this year, giving the government an encouraging boost as it seeks to ramp up the ailing economy.

Reuters on MSN · 1d

Over Lunar New Year, China's box office hits record, travel jumps

China's box office raked in record takings over the Lunar New Year holiday while domestic spending jumped, data showed on Wednesday, marking a bright showing for Chinese policymakers as they work to spur domestic demand.

Is China’s Economy Entering ‘Historical Garbage Time’? Part 1

China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.

2don MSN

Trump's tariffs on Mexico, Canada, China would sock economy, lift inflation

By early afternoon Monday, Trump's 25% tariff on Canadian goods and a 10% tariff on Chinese goods still appeared on course to ...

Foreign Affairs7h

China’s Trump Strategy

Since Trump’s first term, they have been adapting their approach to the United States, and they have spent the past three ...

1don MSN

How bad is the trade war with China going to get?

The first punches have been thrown between the United States and China in what could amount to a short-lived trade dispute with limited economic fallout or the start of yet another lengthy and painful ...

Europe could be a big loser in US-China trade war, ECB warns

European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, ...

中国日报网7h

China's winter economy snowballing as sports event, cultural tourism fuel public passion

HARBIN -- Located in China's northernmost province of Heilongjiang, Harbin Ice-Snow World, a breathtaking ice-themed park ...

FOX 5 New York on MSN1d

How tariffs on Chinese imports are impacting the local economy

Chinese-made products coming to the U.S. such as cellphones, TVs, and computers are now facing a 10% tariff. However, if you ...

'Nezha 2' becomes China's highest-grossing film amid Lunar New Year boom

Chinese animated film "Nezha 2" became the country's highest-grossing film on Thursday, taking more than 5.8 billion yuan ...

6don MSN

US Economy Outstripped China in 2024 for Third Year in a Row

The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...

China's economy gets New Year boost from holiday travel and shopping

During the Lunar New Year holiday, China saw a boost in domestic consumption, with 500 million domestic tourist trips, a 5.9 ...

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