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

Reuters

01-06

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

** 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;))

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