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  • Global coffee exports down 3.3 pct in June - ICO Friday, 31 Jul 2015 | 10:19 AM ET

    LONDON, July 31- Global coffee exports fell 3.3 percent in June from a year earlier to total 9.69 million 60 kg bags, the International Coffee Organization said on Friday. For the first nine months of the 2014/ 15 season, which began on Oct. 1 last year, coffee exports were down 3.3 percent at 83.02 million bags. Robusta coffee exports fell 6.1 percent in June from a year...

  • Boston Beer posts 2Q profit Thursday, 30 Jul 2015 | 7:51 PM ET

    BOSTON _ Boston Beer Co. on Thursday reported second-quarter profit of $29.9 million. Boston Beer expects full-year earnings in the range of $7.10 to $7.50 per share. Boston Beer shares have dropped 23 percent since the beginning of the year.

  • Wynn Resorts profit drops 72 percent in 2nd quarter Wednesday, 29 Jul 2015 | 6:21 PM ET

    LAS VEGAS— Wynn Resorts Ltd.' s profit fell 72 percent in the second quarter, stymied by an on-going decline in the Asian gambling enclave of Macau and fewer high-roller Chinese baccarat players in Las Vegas. Still, Wynn said the company is on pace to open its $4.1 billion 1,700- room Wynn Palace casino resort on the Cotai strip area of Macau by March 25.

  • Judge rejects claim that bourbon was falsely advertised Wednesday, 29 Jul 2015 | 2:30 PM ET

    LOUISVILLE, Ky.— Chalk up another round for Maker's Mark distillery in fending off claims of misleading marketing for promoting its Kentucky bourbon as handmade. A federal judge in California this week dismissed a lawsuit filed by two consumers who claimed they were misled by the bourbon maker's handmade claims on its bottles, known for their red-wax seal.

  • July 28- ConAgra Foods Inc has started talks with TreeHouse Foods Inc and Post Holdings Inc regarding the sale of its private label unit Ralcorp, which could be valued at around $3.5 billion, according to people familiar with the matter. TreeHouse, Post, and private equity firms that include Apollo Global Management LLC and Cerberus Capital Management LP have...

  • Beer prices on the rise Tuesday, 28 Jul 2015 | 8:00 AM ET
    Beer prices on the rise

    Constellation Brands to hike beer prices this fall.

  • LONDON/ BRUSSELS, July 28- Diageo and Heineken have agreed to dissolve their joint ventures in South Africa and Namibia, so the British spirits maker and Dutch brewer can pursue their own growth strategies in the countries. Diageo said it has become market leader in spirits in South Africa with a 40 percent share and felt it had the necessary scale to go it alone.

  • Craft beer sales pop Tuesday, 28 Jul 2015 | 6:00 AM ET
    Craft beer sales pop

    The craft beer industry continues to grow in the first half of 2015

  • BRUSSELS, July 28- Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11- year cooperation in South Africa and Namibia in a series of deals to disentangle joint ventures. Diageo, whose brands include Johnnie Walker, Smirnoff and Guinness, said it had become market leader in spirits in South Africa with a 40 percent share and felt it had the...

  • UPDATE 1-Suntory Holdings says not considering IPO now Monday, 27 Jul 2015 | 10:19 PM ET

    *Listing could be in Tokyo or New York- Nikkei. TOKYO, July 28- Suntory Holdings Ltd said on Tuesday that it is not considering listing its shares now, following a Nikkei newspaper report that the beverages conglomerate is mulling an IPO as early as 2018 to pay down debt and raise growth capital. The Nikkei said the Japanese company would decide as soon as this year...

  • Craft beer growth posts solid numbers ... again Monday, 27 Jul 2015 | 5:58 PM ET
    Brewery worker examining beer in beaker. Craft breweries continue to grow.

    American craft beer production volume rose 16 percent compared to the same time last year, according to data released by the Brewers Association.

  • The American Beverage Association's sugary lawsuit Monday, 27 Jul 2015 | 10:00 AM ET
    The American Beverage Association's sugary lawsuit

    The beverage industry takes San Francisco to court over labeling regulations.

  • JOHANNESBURG, July 27- From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets. Private equity deals in Africa totalled $8.1 billion last year, the second highest on record after the $8.3 billion posted in 2007,...

  • Inside Anheuser-Busch’s craft beer deals Sunday, 26 Jul 2015 | 4:00 PM ET
    Budweiser beer and Goose Island India Pale Ale

    Anheuser-Busch has spent an estimated $200 million dollars buying craft breweries to add to its already extensive brand portfolio-and it's not done yet.

  • No drought in beer prices in these cities Friday, 24 Jul 2015 | 8:59 AM ET
    Beer

    CNBC's Jane Wells takes a look at the Top Best Most expensive cities in America to buy beer.

  • SALT LAKE CITY— Most people are gathering Friday in Utah to celebrate the state's Mormon heritage at Pioneer Day parades featuring floats, carriages and women in prairie dresses. A few gathered on patios and lawns near the parade route in Salt Lake City, sipping beer and munching on pies in a nod to the roots of the faux holiday that began 10 to 15 years ago.

  • July 24- Hong Kong stocks posted their biggest one-day drop in two weeks on Friday, tracking sluggish overseas markets, and taking cues from a correction in mainland shares. Bucking the trend, Chinese milk formula maker Yashili International Holdings Ltd rose 3.5 percent, after saying it has agreed to buy an infant milk formula unit from Danone SA and will work...

  • SHANGHAI, July 24- China stocks extended their recovery on Friday morning, with the Shanghai market heading for its seventh-day gain-- its longest winning streak in two months-- as investors increased leveraged bets despite disappointing July factory activity data. But Hong Kong stocks fell, following sluggish overseas markets, and amid investor concerns over...

  • Whisky tips from Suntory's chief blender Thursday, 23 Jul 2015 | 11:37 PM ET
    Whisky tips from Suntory's chief blender

    Shinji Fukuyo, chief blender at Suntory, offers tips on savoring whiskies and explains why the Japanese drinks giant is facing a whiskey shortage.

  • LONDON, July 23- Britvic, the British maker of Robinsons squash and Tango, stepped up its international expansion on Thursday with a 120.8 million pound acquisition of Brazilian soft drinks firm Ebba. The deal, which will largely be funded by a share placing, gives Britvic access to the world's sixth largest soft drinks market and builds on recent expansion into...