Spirits maker Diageo is addressing potential U.S. tariffs impact on key supply chain regions, leading to removal of medium-term guidance due to uncertainty. CEO Debra Crew stated tariffs could hinder sales recovery efforts and increase complexity in providing updated guidance. Despite a 0.6% decline in first-half reported sales to $10.9 billion, the company is implementing measures such as pricing strategies and supply chain adaptation to mitigate the impact of tariffs.
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At Damascus opera house, hopes for a better future
Percussionist Bahjat Antaki performed with Syria's national symphony orchestra at the Damascus opera house, marking the first classical concert since President Bashar al-Assad's ouster. The concert aimed to showcase the resilience of Syria's arts community amidst years of war, with works by Beethoven, Tchaikovsky, and Syrian composers. Despite concerns about the future under Islamist leadership, attendees expressed hope for a brighter future and a return to the Syria they love. Full Article
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