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Bridgewater Associates sells stake in big Chinese companies

Bridgewater Associates sells stake in big Chinese companies

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg | Getty Images Hedge fund giant Bridgewater Associates divested from U.S.-listed Chinese stocks in the second quarter, signaling a clear pullback from the market amid rising geopolitical strains and weakening…

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Carlsberg CEO notes changing beer habits amid cost pressures

Carlsberg CEO notes changing beer habits amid cost pressures

Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector. “We…

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