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Diageo collapses in stock market due to Latin America and the Caribbean

Sales in the region should decrease by 20% until the end of the year

Vertical collapse of the Diageo stock that on the London stock exchange closes the last Friday session in red by 12.5%. It’s all the fault of the half-year accounts, but especially of Latin America that betrayed the parent company, one of the world giants of spirits. In fact, whisky producer Johnnie Walker said he expected a decline in operating earnings growth in the first half of the year due to a...

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EFA News - European Food Agency
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