No fizz in Coca-Cola’s shares

Coca-Cola shares plunged the most in more than 10 years after the company forecast slowing sales in 2019, hit by a stronger dollar in the face of rising global economic uncertainty and lower demand for its fizzy drinks in some markets.

The shares fell at one stage by over 7%, also pressured by a broader retail rout sparked by data that showed a surprise drop in US retails sales in December.