US firms worried about China probes

Major US companies including Starbucks, Apple and McDonald’s, have come under intense scrutiny from China’s consumer watchdogs


Overseas firms fall foul of China probes

Beijing says crackdowns on foreign firms are aimed at stopping abuses, but critics allege China is using investigations to protect and bolster domestic firms


Danone lowers full-year forecasts

The company, which makes Activia yoghurt, said that like-for-like sales in its previously fast-growing baby nutrition unit fell 8.6 per cent in the third quarter after a recall sparked by what turned out to be a false alert


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