BUZZ-Australia's Treasury Wine slides on US surgeon general's cancer warning
ReutersJan 6, 2025 4:54 AM
** Liquor company Treasury Wine Estates TWE.AX falls as much as 2.8% to A$10.97, lowest since Nov. 18, 2024
** Stock set for weakest trading session since Nov. 11
** U.S. Surgeon General outlines direct co-relation between alcohol intake and rising risks of cancer
** Calls for warnings labels on liquor bottles
** Asian liquor stocks around the region fell, with Sapporo 2501.T in Tokyo diving 5.1% and Budweiser Brewing Company APAC 1876.HK in Hong Kong sliding 2.6%
** TWE ended 2024 5.1% higher
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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