Archives for September 19, 2004

← 2004

Coke shares sink to new low

Shares in the world's largest beverage company, Coca-Cola, have sunk to their lowest price for 16 months after the soft drinks giant forecast that it would make less money than expected in the second half of 2004, blaming poor market conditions and...

China still can't get enough of soft drinks

China's soft drink industry continues to boom, with market analysts Canadean estimating that continued growth now means annual production is in excess of 20 billion litres. And with retail prices continuing to fall and expendable income growing, the...