bloomberg.com

Ozempic Threatens Profits at Food and Beverage Makers Worldwide (www.bloomberg.com)

So far, fear has driven investors to sell consumer-exposed stocks. A basket of such companies — including Oreo cookies maker Mondelez International Inc. and Modelo beer producer Constellation Brand Inc. — is down nearly 9% since early August with losses roughly double those of the S&P 500 Index, while makers of things like...

Argentina’s Top Presidential Candidates Reject BRICS Membership (www.bloomberg.com)

Argentina’s decision to join the BRICS is facing backlash at home, with two leading presidential candidates criticizing members of the group of major emerging market economies, and one of them vowing to pull the South American country from the bloc altogether.

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