Drinks giant Diageo is paying nearly 20 billion Kenyan shillings - that's £137 million - to buy out the 20% of Kenya Breweries it does not already own... more
The world's biggest spirits makers Diageo and Pernod Ricard beat sales forecasts for the first quarter of the year with strong growth from Asia, Latin America and Africa outweighing moribund European markets... more
Diageo, the world's biggest spirits group, misses City profit forecasts for the first half of its financial year only avoiding having to lower its full-year targets because of a strong recovery in its emerging markets divisions... more
Market Round-up: Gossips in the City claim the world’s largest luxury goods company is considering a sale so it has the cash for its own shopping spree... more
Market Round-up: Dana Petroleum waves around strong numbers as part of its attempt to force Korea National Oil Corp to raise its £1.9 billion hostile takeover bid... more
Could we all be heading for one massive great hangover on the August Bank Holiday weekend?
Blue-blooded broker JPMorgan Cazenove certainly thinks so... more
Guinness-maker Diageo shows off a spike in sales, up 12% in the first three months of 2010, as the world’s biggest spirits group hailed “some signs of recovery... more
British drinks group Diageo is planning an audacious "Black Velvet" takeover, with the giant behind Guinness putting in a bid to buy the owner of champagne houses Krug, Dom Perignon and Moët et Chandon... more
Consumer: Booze giant Diageo has run head first into economic reality, issuing a rare profits warning that indicates no business in the world is safe from the recession... more
Instead of the head of a household-name retailer, global bank or oil major, it will be Paul Walsh of the drinks firm, Diageo, stepping up to receive the coveted most admired company prize... more
Drinks giant Diageo pushed profits above £2.3 billion in the last year as consumers around the world responded to the growing economic gloom by reaching for a stiff drink... more
Drinks giant Diageo shrugged off talk that the UK beer market is in terminal decline with a strong set of results that included a surprising lift in sales of Guinness... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
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