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Vimto: Profit warning follows Middle East soft drinks tax

The soft drinks levy was introduced in Saudi Arabia and the UAE where Vimto sales are worth 7m.

The company plans to notify the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements.

The chief executive officer of Ted Baker has quit amid yet another profit warning from the UK-based fashion retailer.

The chief executive and executive chairman at the High Street fashion retailer are to step down.

A US government office has warned it cannot guarantee that the use of cannabidiol (CBD) in food products is safe.

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