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For the past five years, wine has been making its way downtown, ditching Napa and taking root in the East Bay. Urban winemakers in Oakland and San Francisco source their fruit from the best vineyards in California and around the globe, turning the grapes into world-class juice in their metropolitan facilities.
Wine producing is making a huge shift from rural wineries to urban producers.
Swiss researchers Philippe Masset and Jean-Philippe Weisskopf have a new paper out claiming to demonstrate that if you add wine to a portfolio of financial assets, that decreases your risk, increases your returns, and helps you out (if you care about such things) on the skewness and kurtosis fronts as well. Leslie Gevirtz writes up the results here, and Reuters graphics supremo Silvio DaSilva has even put together some pretty charts from the paper here.
Gifted submitted 2010/1/20 14:11, published 2010/1/20 14:11 | 796 views
Tags: books, wine
New York (Reuters Life!) - Drinking wine is more fun than reading about it unless you have a book in one hand and a glass in the other.
Wine can be complex or simple but several books can help clear any confusion.
The global market for wine is similar to a waterbed -- when sales go down in one area, such as bottles costing over $30, they go up in another such as sales of $15 bottles.
For consumers looking for popular wines under $15, the latest edition of Robin Goldstein's and Alexis Herschkowitsch's "The Wine Trials for 2010" may help.
NEW YORK (Reuters Life!) - No kick from Champagne? Sparkling wines from around the globe can be a cheaper alternative and better value, according to leading experts.
"We noticed a real trade down from Champagne to sparkling wines," said Chris Adams of New York's Sherry-Lehmann Wine and Spirits.
Shipments of Champagne worldwide plunged almost 35 percent for the first nine months of the year, according to the Comite Interprofessionnel du Vin de Champagne, the champagne producers' professional body.
PARIS (Reuters Life!) - Prestigious Paris restaurant La Tour d'Argent made over 1.5 million euros ($2.2 million) from auctioning off a selection of wines and liqueurs from its cellar, one of the finest in the world.
The sale of 18,000 bottles out of the 450,000 stored in a maze of dark alleys beneath the restaurant, located on the left bank of the River Seine, was meant to clear some space and raise funds for the purchase of new wines and for renovations.
Wine and the Holidays: How to Achieve the Perfect Pairing Wine and the Holidays: How to Achieve the Perfect Pairing
(ARA) -When it comes to choosing wine to serve at your holiday celebration keep this in mind: the spirits you serve should complement the spirit of the occasion. You probably wouldn't serve whiskey shots at the family holiday dinner, nor fruit punch at your adults-only New Year's bash. Learning a little about wine can help you make the right choice for your party.
Middle-Aged Men May Boost Life Expectancy by 5 Years by Sipping Wine, Study Says
A little alcohol each day may be good for you, increasing your life span, and quaffing it down in a glass of wine -- make that half a glass -- may be the best way to get your daily dose, a new study suggests.
Researchers in the Netherlands conclude in a large study that drinking up to about half a glass of wine daily may boost life expectancy, at least in middle-aged men, by five years compared to men who men who drank no alcohol.
NEW YORK (Reuters) - In the world of wine, vintage 2008 was a blend of economy and ecology as financial woes put the brakes on a bull run in prices and more producers went green.
"The marketers got into the green word for wine," said Alice Feiring, author of "The Battle for Wine and Love or How I saved the World from Parkerization."
SINGAPORE (Reuters Life!) - The duty of wine is to please the palate, so drink what you want, with the food that you fancy, as long as it refreshes the mouth, advises one of Asia's leading experts on fine wines.
Aged 81, Singaporean NK Yong, a former cardiologist turned vintage collector, has been immersed in the wine business for at least two decades. He advises regional and local restaurateurs on what to stock, as well as writing a book with his wife Melina on which wines go best with Asian food.
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