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- General Mills, Inc.General Mills to Webcast Remarks at Barclays Global Consumer Staples Conference on Sept. 8, 2026Companies: General MillsMINNEAPOLIS, August 19, 2026--General Mills, Inc. (NYSE: GIS) announced that Chairman and Chief Executive Officer Jeff Harmening and Chief Operating Officer Dana McNabb will participate in a fireside chat discussion at the Barclays Global Consumer Staples Conference on Tuesday, Sept. 8, 2026, beginning at 3:00 p.m.
- MetaLaunching ‘Meta Startup School’ to Accelerate Growth For Early-Stage StartupsCompanies: Meta PlatformsWe are launching Meta Startup School, a three-month programme designed to help early-stage consumer brands accelerate growth. The first cohort will see 200 startups get exclusive access to support and training from venture capital firms and industry experts. The post Launching ‘Meta Startup School’ to Accelerate Growth For Early-Stage Startups appeared first on Meta Newsroom.
- AmazonAmazon Prime Air drone delivery is expanding to nearly 500 US cities and towns this yearCompanies: AmazonPrime Air delivers millions of items in as fast as 30 minutes and will reach communities with tens of millions of customers by year-end.
- AmazonAmazon Prime Air drone delivery is expanding to nearly 500 cities and towns this yearCompanies: AmazonPrime Air delivers millions of items in as fast as 30 minutes and will reach communities with tens of millions of customers by year-end.
- Champion REIT Announces 2026 Interim Results- Resilient occupancy across property portfolio reflecting proactive leasing efforts - Three Garden Road recorded positive rental reversion in selective renewal cases - Proactive retail tenant mix refinement driving positive impact on tenants’ sales - Successfully secured credit facilities for refinancing all debt due in 2026 HONG KONG, August 19, 2026 - Champion Real Estate Investment Trust (Stock Code: 2778), which owns Three Garden Road and Langham Place properties, announced its interim results for the six months ended 30 June 2026. Summary of financial results 1H 2026 1H 2025 Change Total Rental Income (HK$ million) 949 1,029 - 7.8% Net Property Income (HK$ million) 780 859 - 9.3% Distributable Income (HK$ million) 432 476 - 9.1% Distribution per Unit (HK$) 0.0633 0.0701 - 9.7% 30 Jun 2026 31 Dec 2025 Change Gross Value of Portfolio (HK$ million) 56,432 56,179 + 0.5% Net Asset Value per Unit (HK$) 6.48 6.45 + 0.5% Gearing Ratio 25.4% 25.4% no change OPERATING REVIEW Market Overview In the first half of 2026, global macroeconomic environment was marked by geopolitical uncertainties. Sentiment in Hong Kong’s commercial real estate market showed signs of stabilisation and a selective recovery. Central office leasing sentiment improved notably, while the Hong Kong retail sales recorded solid growth, supported by sustained inbound tourism and a steady pipeline of mega events. Occupancy across the Trust’s property portfolio demonstrated resilience, reflecting proactive leasing efforts. However, negative rental reversion continued to impact the Trust. Distributable income of the Trust decreased by 9.1% to HK$432 million and distribution per unit decreased by 9.7% to HK$0.0633. On financial management, we successfully secured credit facilities for the refinancing of all debt due in 2026 and also expanded our lender pool. Three Garden Road Proactive leasing efforts resulted in high retention rate with over 90% of leases expiring in 2026 confirmed to renew, among them were the major tenants. Occupancy of the property maintained at a stable level of 82.2% as at 30 June 2026 (31 December 2025: 81.6%). Site inspections momentum remained solid in the first half with double digit year-on-year growth. We observed stabilisation of market rents for the property as Central office leasing momentum improved. Positive rental reversions were achieved in some renewal cases. Langham Place Office Tower Rental income of the property showed signs of stabilisation. Occupancy remained resilient at 86.2% as at 30 June 2026 (31 December 2025: 86.9%) amid intense competition of the broader Kowloon office market. Wellness and lifestyle operators remained a key component of Langham Place Office Tower’s tenant profile, accounting for 67% of the tenant mix as at 30 June 2026. To enhance tenant diversification, we acquired an international direct sales company and distributors in its value-chain as new occupiers. Langham Place Mall Tenants’ sales at Langham Place Mall benefitted from the better retail market sentiment. The proactive tenant mix management continued to generate positive impact. The introduction of fashion labels tailored to the mall’s customer demographics resulted in double-digit sales growth in this segment, while lifestyle segment continued to outperform. The mall continued to launch creative campaigns to reinforce its retail trend-setting position. Occupancy maintained at high level of 99.5% as at 30 June 2026 (31 December 2025: 99.3%). Distribution Distributable income of the Trust decreased by 9.1% to HK$432 million (2025: HK$476 million) and distribution per unit ("DPU") dropped by 9.7% to HK$0.0633 (2025: HK$0.0701). Asset Value The appraised value of the Trust's properties was HK$56.4 billion as at 30 June 2026, compared with HK$56.2 billion as at 31 December 2025, mainly reflecting mild increase in rental rate assumptions for Three Garden Road. Sustainability Sustainability remains integral to the Trust's long-term value creation strategy. In the first half of 2026, we made steady progress across strategic priorities. On sustainable finance, we secured a HK$3.0 billion sustainability-linked loan with the support of eight banks. Moreover, Three Garden Road achieved WiredScore Platinum recertification, reaffirming its best-in-class digital connectivity standards. Through our flagship EcoChampion Pledge tenant engagement programme, we organised capacity-building and knowledge-sharing workshops to promote more sustainable workplaces. Outlook The global macroeconomic outlook is expected to remain uncertain. Policy measures to fortify Hong Kong as an international financial centre should continue to drive demand for office in the Central business district, while the recovery in inbound tourists should benefit the retail sector. Three Garden Road remains well positioned to capture future leasing opportunities with its convenient access to both Central and Admiralty business districts. We are also advancing plans for a major asset enhancement initiative to further strengthen the property’s competitiveness. Looking ahead, we will continue to adopt a prudent capital management strategy while remaining agile in the uncertain macroeconomic environment. About Champion REIT (stock code: 2778) Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB for three consecutive years since 2023. Champion REIT is managed by Eagle Asset Management (CP) Limited, a member of the Great Eagle Group. Website: www.championreit.com For press enquiries: Jervois Finance Kenneth Tang Tel: +852 9827 2880 Email: [email protected] Ada Lau Tel: +852 9506 6017 Email: [email protected]
- Targeting Everyone Is Costing You Everything: Adella Pasos' Account Based Marketing Strategy BookAvailable on Amazon, Apple Books, and Barnes and Noble, the book shows B2B teams how to stop spraying and start closing — by focusing revenue effort on the accounts that actually matter.
- SOUEAST Rides MENA’s Electrification Wave with Its Hybrid PortfolioDriven by evolving government policies, expanding charging infrastructure, and consumer incentives, the new energy vehicle (NEV) market in the Middle East and North Africa (MENA) region has grown rapidly, unlocking new opportunities for global automotive brands. Building on its hybrid technology expertise, SOUEAST is strengthening its presence in this dynamic market and accelerating its global expansion strategy.
- UnionPay and Standard Bank Unlock Cross-Border E-Commerce Opportunities for Merchants Across Nine African MarketsUnionPay International (UPI) and Standard Bank Group have expanded UnionPay e-commerce acceptance across nine African markets, enabling participating merchants to accept secure online payments from UnionPay cardholders and giving businesses...
- Guoquan (2517.HK) 2026 Interim Results: Dual Growth in Scale and Efficiency, Powered by the Dual Drivers of Membership Stickiness and Product MatrixGuoquan Food (Shanghai) Co., Ltd. ("Guoquan" or the "Company"; stock code: 2517.HK), a leading one-stop home meal products brand in China, announced its interim results for the six months ended 30 June 2026, which have been reviewed by the Audit and Risk Management Committee of the Board. For the six months ended 30 June 2026, Guoquan recorded a revenue of RMB3,946.9 million, representing a year-on-year increase of 21.8%; gross profit was RMB848.6 million, representing a year-on-year increase of 18.3%, with gross profit margin of 21.5%, compared to 22.1% for the first half of 2025. Net profit for the period was RMB213.2 million, representing a year-on-year increase of 12.1%; core operating profit (non-IFRS measure) was RMB225.0 million, representing a year-on-year increase of 18.3%; and basic and diluted earnings per share were RMB0.0807, representing a year-on-year increase of 18.0%. Against the backdrop of a generally prudent macro consumption environment, the resilience of Guoquan's business model was further demonstrated, underpinned by its rigid-demand attributes and value-for-money positioning. Firmly advancing the "community central kitchen" strategy, the Company achieved double-digit growth in both revenue and core operating profit through the continuous expansion and refined operation of its omni-channel instant retail network, with the number of registered members reaching approximately 82.0 million, further consolidating its leading position in the home-dining retail market. Omni-channel Network Expansion Accelerated, with Scale and Store Efficiency Improving in Tandem As at 30 June 2026, Guoquan's total store count increased to 12,198, representing a net addition of 1,798 stores compared to the same period last year, covering 31 provinces, autonomous regions and municipalities in the Chinese Mainland, as well as the Hong Kong Special Administrative Region of the PRC. During the Reporting Period, the Company added 997 operating stores and reduced 365 operating stores, representing a net addition of 632 stores. Among them, township-level stores recorded a net increase of 367 to 3,377, further enhancing penetration in lower-tier markets. Store efficiency improvement and store format innovation advanced in tandem. During the Reporting Period, in addition to 24-hour unmanned retail stores, the Company completed large-store format upgrades for 684 stores which, leveraging the presentation of an enriched product portfolio and the creation of all-day consumption scenarios, effectively drove the growth of store sales; 96 Guoquan camping stores commenced operation, covering emerging consumption scenarios such as outdoor gatherings and countryside leisure. Revenue from sales of products to existing franchised stores was RMB2,581.5 million in the first half of 2026, representing a year-on-year increase of 7.4%. For online-offline synergy, Guoquan relied on its Guoquan APP, WeChat mini-program, third-party food delivery platforms and social commerce platforms such as Douyin to drive deep integration between offline stores and online channels. The Company achieved over 6.97 billion impressions on platforms through its multi-level Douyin accounts matrix, representing a year-on-year increase of 117.8%; stores generated GMV of RMB910 million via the Douyin channel, representing a year-on-year increase of 97.2%. Through a multi-channel, multi-scenario layout and the deep integration of online and offline operating models, Guoquan successfully established a holistic instant retail store network, providing consumers with the "Guoquan Instant Commerce" shopping experience. Dual Drivers of Membership Ecosystem and Product Matrix Significantly Strengthened Consumer Stickiness As at 30 June 2026, the number of Guoquan's registered members reached approximately 82.0 million, representing a year-on-year increase of 63.0%. More importantly, during the Reporting Period, the consumption amount of members accounted for 73.2% of the Company's total sales, representing a substantial year-on-year increase of 12 percentage points, demonstrating the effectiveness of the Company's membership program in building close online and offline connections and engagement with consumers and fostering consumer loyalty. The simultaneous growth in membership scale and consumption share provides a high-quality existing customer base for the Company's revenue growth. On the product front, during the Reporting Period, the Company introduced a total of 139 new SKUs of hotpot and barbecue products, and successively launched or upgraded a number of scenario-based set meal products such as "Barbecue Camping Container Set", "Chongqing Wanzhou Grilled Fish Pot" and "Crayfish Freedom Bucket"; around the drinks and beverage scenario, it launched a variety of NFC fruit juices, craft beer and flavored tea beverages, further enriching its one-stop meal offerings. Guoquan Farm delivered an outstanding performance, achieving an omnichannel paid GMV of RMB240.0 million during the Reporting Period through online channels such as Douyin livestreaming, representing a year-on-year increase of more than 600%, and newly launched a variety of new SKUs such as Monthong durian pulp, tiger skin durian mille-feuille cake, Beihai Cooked Salted Sea Duck Eggs and crispy mini ice cream, further improving the all-scenario product layout. Deepened Supply Chain and Industrial Layout Supports Scaled Development On the industrial front, Guoquan continued to promote the integrated closed-loop construction of "production, supply and marketing". As at 30 June 2026, the Company had a total of seven food ingredient production plants, covering core categories such as condiments, meatballs, paste and aquatic products, and beef products, forming a comprehensive and well-defined production capacity matrix; the food production base in Danzhou, Hainan Province is commencing construction, which upon completion will further expand its geographical coverage and optimise the supply chain's radiation radius. The Company's bargaining power in upstream procurement has been continuously enhanced, while economies of scale on the production side continued to be unlocked, providing support for cost optimisation. Digital supply chain management was deepened in parallel. Cooperating with warehousing and logistics suppliers and leveraging 21 digitalized central warehouses across China, Guoquan achieved swift circulation of products through digital stock and barcode management, with most orders delivered the next day from central warehouses to retail stores. Supply chain digitalisation covers all core segments including production, procurement, warehousing and logistics, enabling the Company to monitor supply and demand dynamics from the procurement end to the store end, closely monitor inventory levels, and ensure the timely availability of products for stores nationwide. Coordinated Development of Four Major Store Formats; Deepening Community Central Kitchen Strategy and Membership Operations Building a comprehensive channel ecosystem and fully expanding the sales network. Guoquan will firmly advance the coordinated development of four major store formats, namely large stores in townships, large community stores, Guoquan camping stores and Guoquan stir-fry stores; new stores in the second half of the year will predominantly adopt the large-store format, while existing community stores will be strategically upgraded into large-store models. The Company will continue to deepen its presence in county and rural markets, steadily replicate the camping store format and iterate the stir-fry store format, forming a highly efficient comprehensive channel traffic closed loop of "online traffic generation and accumulation, offline conversion and repurchase". Deepening the community central kitchen strategy to expand community consumption scenarios. The Company will continue to deepen the core strategy of "community central kitchen", closely aligning with the all-scenario dining concept of "One Home, Three Tables, Five Meals", build on the enrichment of the core scenarios of hotpot and barbecue, and simultaneously expand into diverse categories such as Chinese and western cuisine, breakfast pastries, bakery and fried foods, drinks and beverages, desserts and ice products and agricultural products, so as to optimise its full-matrix product offerings. Deepening digital and intelligent membership operations to convey the IP value proposition. The Company will empower tiered membership operations with AI intelligent tools to achieve highly personalized and precise reach; improve its membership rights system and membership points mall; and continue to operate the "Guobao" brand IP, leveraging the value of the IP to foster emotional connection with members and enhance their loyalty. Promoting industrial ecosystem synergy and empowering supply chain management with AI. Upholding the "one-product-one-factory" strategy, the Company will activate the synergy advantages of its seven self-owned food ingredient production plants and advance the construction of the food production base in Danzhou, Hainan Province; through digital and intelligent tools such as AI smart production scheduling, big data inventory monitoring, digitalized quality control management, and AI smart routing and order scheduling, it will achieve the precise matching of production with market demand, the efficient allocation of inventory resources, and a rapid response in terminal fulfillment. Deepening the construction of organizational capabilities and empowering franchisee management. Guoquan will further standardize franchisee management, deepen the development of the two major organizations, namely the Franchisee Committee and Store Manager Hubs, and build a standardized and replicable store operation system; it will optimise its training system, cultivate more career-oriented franchisees, and promote synergistic development and mutual benefit between franchisees and the Group. Developing overseas markets in phases to deliver the good taste of China. Guoquan will focus on launching pilot store operations in Hong Kong Special Administrative Region, China, accumulate overseas operational experience through refining localized operations, steadily explore overseas regional markets in a phased manner, and gradually achieve the implementation of its overseas product business. For the full-year 2026 results outlook, Guoquan expects its total store count to exceed 13,100, representing a net addition of over 1,534 stores; new stores in the second half of 2026 will predominantly adopt the large-store format, with an expected closure rate of below 4%; store efficiency is expected to achieve high single-digit growth; and the number of registered members is expected to exceed 95 million. Guoquan forecasts that core operating profit for the year will achieve stable growth.
- STARPRIME Completes Beta Testing of Market-Maker Model for Retail BrokersThe Market-Maker Model developed by STARPRIME has completed an extensive beta-testing phase, working with a select number of clients. The term ‘market maker’ carries a stigma of being a bad actor in our industry. That reputation has identifiable origins, and some of it has been earned. What follows is how a properly governed market-making arrangement differs, and where it can materially improve outcomes for retail brokers.
- Beyond Back-to-School, Canton Fair Helps Global Buyers Stay Ahead of Key Retail SeasonsAs the back-to-school shopping season gains momentum, demand for stationery, learning tools, and educational technology products is on the rise. As one of the most essential items in students' daily learning routines, writing instruments...
- International Brotherhood of TeamstersTEAMSTERS, ALLIES RELEASE REPORT ON AMAZON VIOLATIONS OF NEW YORK WARN ACTAmazon Leads State in Killing Logistics Jobs, Teamsters File Complaint with New York Department of Labor — Today, Teamsters were joined by the National Employment Law Project (NELP), the Action Lab, and the Alliance for a Greater New York (ALIGN) in...