MONTREAL — Efforts by successive Quebec governments to find more revenue sources over the years have contributed to an unintended consequence on the store shelves of the province’s liquor monopoly: the near-extinction of cheap wine.
JD.Com Inc(ADR) (NASDAQ:JD) is following suit with its Chinese e-commerce competitors in setting foot in the smart-home industry. Being the biggest rival to the China’s e-commerce titan Alibaba Group Holding Ltd (NYSE:BABA), JD now has plans to invest $10.8 million (67.5 million Yuan) to acquire a 45% stake in a joint venture with Chinese voice recognition software firm iFlytek.
There's a lot more to becoming a wine expert than tossing back a glass now and then. You've got to know the vocab — tannin, bouquet, terroir, aroma — not to mention how to hold a glass, recognize flavors, and know when to drink it. Luckily, London-based company Datadial developed a helpful infographic for their client WineInvestment that breaks down everything a budding wine enthusiast needs to know (first found at Visual.ly).
In Roald Dahl’s 1951 short story Taste, stockbroker Mike Schofield challenges his dinner guest, a wine snob named Richard Pratt, to a high-stakes bet. If Pratt can guess which wine is being served, Schofield will offer Pratt his beautiful young daughter’s hand in marriage. If Pratt is stumped, he forfeits his two houses to Schofield.