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Unseasonal rains cast a shadow on Coca-Cola, PepsiCo sales

Unseasonal rains have hit beverage makers Coca-Cola and PepsiCo, which have curtailed output for the first time in the peak summer quarter, potentially hampering recovery of consumption this year. The quarter is the biggest for the companies, contributing about 40 per cent to annual soft drink sales. Production lines are running 2-3 days a week,…

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