Categories: Business News

Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb

By Roshan Thomas Aug 10 (Reuters) – Australia's Treasury Wine Estates said on Monday it would overhaul its U.S. business by fallowing vineyards, impairing brands and writing down…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: August 10, 2026 08:06:07 IST

By Roshan Thomas Aug 10 (Reuters) – Australia's Treasury Wine Estates said on Monday it would overhaul its U.S. business by fallowing vineyards, impairing brands and writing down inventory, resulting

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: August 10, 2026 08:06:07 IST

Recent Posts

FACTBOX-Major drugmakers turn to China for licensing deals

(Changes dateline, rewrites lede and headline, adds European drugmakers to the list throughout) Sept 30…

September 30, 2026

Jabil forecasts full-year results above estimates on AI data center demand

Sept 30 (Reuters) - Jabil forecast profit and revenue for the fiscal year 2027 above…

September 30, 2026

Bonds suffer bruising September, but stocks remain resilient

By Danilo Masoni and Rae Wee MILAN/SINGAPORE, Sept 30 (Reuters) - Global bonds inched up…

September 30, 2026