Indian alcoholic beverage maker United Spirits Ltd NSE -5.90 % on Tuesday reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales and a one-time expense. The maker of Johnny Walker whiskey reported a profit of 1.11 billion rupees ($13.61 million) in the quarter ended Dec. 31, down from 3.11 billion rupees in the previous year. The
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‘Above premium’ beer saw ‘slowest share gain in years’ in 2022, analysts say, as lower-income drinkers moved to cheaper suds and higher-income consumers looked to spirits or wine A divide between wealthy and not-as-wealthy alcohol consumers is hurting makers of premium beer, Cowen analysts said in a note on Wednesday. Inflation-drained lower-income drinkers are seeking cheaper beer and liquor —
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TERBOL, Lebanon — Inside a large freezer room at the International Center for Agricultural Research in the Dry Areas, tens of thousands of seeds are stored at a constant temperature of minus-4 degrees Fahrenheit. After being threshed and cleaned, the seeds are placed inside small, sealed foil packets and stored on rows of heavy, sliding metal shelves. Some of them may hold
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