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Shanghai Daily,上海日报
Latest news:


Net profit falls 28% on weak sales

A Coca-Cola logo is seen in a restaurant in Washington, DC. The slow global economy and the health-driven turn against sweet sodas dented Coca-Cola sales for the sixth straight quarter, delivering a 28 percent hit to net income, the company said yesterday. Coca-Cola said worldwide revenues fell in the quarter through September 30 by 7 percent from a year ago to US$10.6 billion, with sharp declines in its Latin America and Europe-Africa-Middle East regions. ...

October 27, 2016, Thursday

Spending on food to grow 4.6% over next decade

CHINA’S food consumption in urban areas is set to keep its 4.6 percent compound annual growth over the next 10 years to hit US$1.1 trillion in 2026 as urbanization continues and disposable incomes rise, ...

October 27, 2016, Thursday

Milka, the new face of chocolate in China

MONDELĒZ China (formerly Kraft Foods China) said it aims to drive further growth through the introduction of a new chocolate brand to tap the country's US$2.8 billion chocolate market. Milka has hit ...

October 25, 2016, Tuesday

HNA Group to acquire 25% of Hilton

CHINESE aviation and shipping conglomerate HNA Group said yesterday that it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group ...

October 25, 2016, Tuesday

Coke calls for efforts to protect wild dolphins

THE TIAN-E-ZHOU Oxbow Nature Reserve in Hubei Province announced on the seventh International Freshwater Dolphin Day yesterday that the protection of the critically endangered Yangtze finless porpoise ...

October 25, 2016, Tuesday

Wal-Mart to invest US$50m in New Dada

WAL-MART Stores Inc will invest US$50 million in Chinese online grocery and delivery crowdsourcing platform New Dada as the US giant expands its tie-up with local online players to tap consumers who are ...

October 22, 2016, Saturday

Walmart unveils new Chinese investment

WAL-MART Stores Inc said today it will invest US$50 million in Chinese online grocery and delivery crowdsourcing platform New Dada as the retailer seeks to expand its tie-up with local online players ...

October 21, 2016, Friday

Terror threat, US polls hit luxury sales

THE terror threat in Europe, a strong US dollar and uncertainty over the US presidential elections have eroded the confidence of the globe’s big-spenders, holding luxury purchases flat in 2016, according ...

October 21, 2016, Friday

Global wine output to decline to 4-year low

WORLDWIDE wine production is expected to fall this year to its lowest since 2012, chiefly due to adverse weather that sharply cut output in France and South America, wine body OIV estimated yesterday. Global ...

October 21, 2016, Friday

Starbucks eyes 5,000 outlets

STARBUCKS Coffee Co aims to more than double its outlets in China to 5,000 in the next five years, and has named its first chief executive officer for China. Starbucks yesterday appointed Belinda Wong ...

October 20, 2016, Thursday


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