Coca-Cola is exiting all its bottling operations in China, the world's second-largest economy, as it pursues an asset-light strategy. Photo: AFP Shanghai: Coca-Cola Co. has entered a deal to buy Anheuser-Busch InBev NV's 54.5% stake in Coca-Cola Beverages Africa for $3.15 billion, the companies said.
Casual clothing chain Uniqlo is taking its biggest chance in Southeast Asia. The unit of Fast Retailing Co. is opening a store on Singapore's iconic Orchard Road that will have 2,700 square meters (29,000 square feet) of shopping space on three floors.
Prada Autumn/Winter 2016 campaign | Source: Prada MILAN, Italy - Prada SpA shares rose as much as 15 percent after Chairman Carlo Mazzi forecast that the Italian luxury-goods maker will return to growth in sales and earnings next year, helped by cost-cutting and online expansion in Asia.