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Pernod Ricard, the leading producer of premium wines and spirits, reported that 61.8% of its sales come from strategic international brands, with Absolut and Jameson being top sellers. The company operates 94 production sites globally, with sales distributed across Europe (28.3%), the Americas (28.8%), and other regions (42.9%).
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Pernod Ricard, the leading global producer of premium spirits and wines, reported net sales distribution with 61.8% from strategic international brands, including Absolut and Jameson. Local brands account for 18.2%, craft spirits 7.3%, and strategic wines 3.6%. Geographically, sales are split between Europe (28.3%), Americas (28.8%), and other regions (42.9%), with 94 production sites worldwide as of June 2024.
Mike Pence will address the UBS Wealth Insights 2025 summit, focusing on U.S. elections and their global implications, just days before Donald Trump's inauguration. Despite a strained relationship with Trump since 2021, Pence aims to provide insights into international relations and economic policies. The event is exclusive to clients and closed to the media.
Insider ownership in Southwest Airlines decreased by 4.13% after a sale, leaving them with 89,376 shares valued at approximately $3.07 million. Institutional investors hold 80.82% of the stock, with recent modifications including significant increases from Franklin Resources and Inspire Trust. Analysts have mixed ratings on the stock, with a consensus price target of $32.08, while UBS Group raised its price objective to $29.00, indicating a potential downside.
Pernod Ricard, the leading global producer of premium spirits and wines, reported net sales with 61.8% from strategic international brands, including Absolut and Jameson. Local brands account for 18.2%, craft spirits 7.3%, and strategic wines 3.6%. The company operates 94 production sites worldwide, with sales distributed across Europe (28.3%), the Americas (28.8%), and other regions (42.9%).
Binance has launched its 62nd project on Launchpool, introducing Vana (VANA), a native EVM-compatible L1 blockchain for user-owned data. Users can lock BNB and FDUSD to earn VANA tokens from December 14 to 15, with trading starting on December 16. The total rewards for the Launchpool are 4,800,000 VANA, with a maximum of 8,500 VANA per user in the BNB pool and 1,500 VANA in the FDUSD pool.
Pernod Ricard, the leading global producer of premium wines and spirits, reported that 61.8% of its sales come from strategic international brands, with Absolut and Jameson being top sellers. The company operates 94 production sites worldwide, with sales distributed across Europe (28.3%), the Americas (28.8%), and other regions (42.9%).
Trump has outlined aggressive plans for his first days in office, including declaring a national emergency for mass deportations and halting migrant flights. He aims to dismantle federal job protections, pardon January 6 rioters, repeal AI regulations, and impose significant tariffs on imports, particularly from China, Canada, and Mexico.
India's delegation expressed outrage at COP29 over the swift adoption of a USD 300 billion climate-finance package, which they deemed "unfair" and "stage-managed." Adviser Chandni Raina criticized the amount as "abysmally poor" compared to the USD 1 trillion needed annually by developing countries, highlighting concerns over the sources of funding and the voluntary nature of contributions.
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Pernod Ricard maintains strong market position in premium wines and spirits
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Pernod Ricard Dominates Global Premium Spirits Market with Diverse Portfolio
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