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Innovation Beverage Group Faces Nasdaq Compliance Challenge
Managing Director Appointment and CEO Resignation
The USA is going to add a "cancer warning" to alcoholic beverages, causing stocks related to alcohol to decline across the board.
The USA government's Medical Director Murthy has called for the addition of cancer risk warning labels on Alcoholic Beverages, stating that alcohol causes about 100,000 cancer cases and 20,000 cancer deaths in the USA each year. After the announcement, the stock price of Rémy Cointreau in France fell by 5%, and major beverage companies such as Anheuser-Busch Inbev and Diageo also saw declines.
Innovation Beverage Group Appoints Sahil Beri as Interim CEO and Announces Further Expansion Into Eastern U.S.
Shares of Companies Within the Broader Consumer Staples Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Express News | Shares of Companies Within the Broader Consumer Staples Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points
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