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Lawson to consider options for China unit including partnership

Bloomberg Japanese convenience store operator Lawson Inc. is exploring strategic options for its China operation, people with knowledge of the matter said, as consumption in the country recovers after Covid lockdowns. The Tokyo-based firm has held talks with advisers as it weighs possibilities to boost growth in the China unit, including introducing strategic partners and selling minority stakes. Deliberations are ...

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WHO slams baby formula industry’s marketing tactics

Bloomberg Makers of infant formula use misleading marketing and aggressive lobbying tactics to drive sales in a $55 billion-a-year industry, according to a three-paper series from the World Health Organisation (WHO). Manufacturers make unsubstantiated claims about their products, such as that they are very similar to actual breast milk or can ease infants’ discomfort, say the WHO papers published in ...

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Lockheed’s F-35 has fewer unfixed defects

  Bloomberg The Pentagon and Lockheed Martin Corp. have reduced laundry list of deficiencies on the contractor’s F-35 with fighter jet, the world’s costliest weapons program, due for a key combat simulation by mid-year. The number of “open deficiency reports” now stands at 831, the Defense Department’s F-35 program office said, down from 845 in September 2021. Earlier last year ...

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