Daily Newsletter

31 August 2023

Daily Newsletter

31 August 2023

Brown-Forman moves to cool market concerns on inventories

Brown-Forman CEO: “It’s been a volatile ride for five years but the business is solid.”

Dean Best August 31 2023

MGP Ingredients, the US distiller home to El Mayor Tequila and Penelope Bourbon, has cut its forecasts for sales and underlying earnings.

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Could the consumer industry be bolstered by the increased use of AI

The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.

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