BRIEF: China weakness drags down Budweiser APAC’s profit, revenue
Beer maker Budweiser Brewing Co. APAC Ltd. (1876.HK) (Bud APAC) said on Wednesday its revenue fell 7% last year to $6.25 billion, while its profit dropped by 14% to $726…
Coming Soon to Your Nearby Nayuki: Pricier Premium Tea Served by Robots
Beverage chain is squarely focused on higher end of competitive market, with 45% of its stores now labeled with its upmarket Nayuki PRO sub-brand Key Takeaways: Nayuki accelerated its aggressive…
Teahouse Operator Nayuki Gets Scalded in Food Safety Scandal
Premium tea seller’s shares sink 10% after report finds cockroaches at two shops, but then bounce back in following session Key points: Shares of premium tea seller Nayuki plunged after…