Australia's Treasury Wine slides on US surgeon general's cancer warning

Treasury Wine Estates

06/01/2025 04:54

** 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;))