Food & Drink

Lyre’s, the world’s most valuable non-alcoholic spirits brand, is betting on the Chinese market with the launch of a sans-alc baijiu. It’s the world’s first non-alcoholic baijiu. Baijiu is a massive category in China. Technically, it’s the world’s most consumed spirit, accounting 23% of all spirits consumed globally each year/Baijiu distiller Kweichow Moutai passed Diageo
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Topline Abbott Laboratories has reached an agreement with the Food and Drug Administration to reopen its baby formula plant in Sturgis, Michigan, the company announced Monday, raising hopes that a national formula shortage—fueled partly by the Sturgis plant’s closure due to safety concerns—will be over in a matter of weeks. Key Facts Once the FDA
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Topline Markets are so far having one of their worst years in history as investors are whipsawed by rising inflation, tighter monetary policy from the Federal Reserve and Russia’s war against Ukraine, but despite the ongoing volatility, Wall Street analysts see opportunities and recommend a basket of defensive and stable stocks. Key Facts With markets
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