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Beverages Distillers and Vintners

  • Feb 15- Shmaltz Brewing Co said on Wednesday it agreed to stop selling beer carrying the "MANNAge a Trois" name to settle a lawsuit in which California's Sutter Home Winery Inc accused it of infringing its "Menage a Trois" trademark. In a Nov. 28 complaint in San Francisco federal court, Sutter Home had said MANNAge a Trois was "confusingly similar" to Menage a Trois, a...

  • LONDON, Feb 14- Pernod Ricard would have to pass a proposed U.S. tax on imported goods onto consumers, the chief executive of the French spirits group said on Tuesday. "Retailers are saying, and we're fully in line with them, that the border adjustment tax is a consumer tax, a consumption tax," Alexandre Ricard told reporters in London. The lobby group, launched earlier...

  • SYDNEY, Feb 14- Australia's Treasury Wine Estates Ltd, the world No. 1 stand-alone wine company, posted a record half-year profit on U.S. and China sales, but its shares came off all-time highs on worries its rapid growth may have peaked. Treasury's shares have tripled since 2014 under Chief Executive Michael Clarke as it rebuffed two takeover approaches, rebuilt...

  • *Frenchman Michel Barnier is EU Brexit negotiator. BRUSSELS, Feb 12- Michel Barnier has a dealmaker's flair for gauging what the other side can accept but as Theresa May prepares to launch Brexit negotiations some EU officials wonder if Brussels' man can really figure out what she wants. That is a nagging question for European Union leaders who need the veteran...

  • WILMINGTON, Del., Feb 1- Financially distressed companies that file for U.S. bankruptcy are emerging from court proceedings more quickly than ever, lowering legal costs but also forcing junior creditors to scramble to protect their interests. "It used to be a roach motel," said Melissa Jacoby, a professor at the University of North Carolina School of Law.

  • WILMINGTON, Del., Feb 1- Financially distressed companies that file for U.S. bankruptcy are emerging from court proceedings more quickly than ever, lowering legal costs but also forcing junior creditors to scramble to protect their interests. "It used to be a roach motel," said Melissa Jacoby, a professor at the University of North Carolina School of Law.

  • *Shipments to Hong Kong fall as exporters send to China directly. SYDNEY, Jan 27- The value of Australian wine exports to China surged 40 percent in 2016, industry figures showed on Friday, unexpectedly driven by sales of premium labels rather than the cheaper wines that major producers had been looking to boost. Rising exports to China, Australia's No. 1 wine...

  • Most Expensive 2014- wine Romanee-Conti

    As sterling tumbled following the Brexit vote, anything priced in pounds suddenly became much cheaper for international buyers, including wine.

  • The man who created a new food that merges a hot dog and a hamburger has decided to auction off his intellectual property rights.

  • Backwoods moonshine goes upscale

    Ned Vickers, Sugarlands Distilling, and Digger Manes, Discovery's "Moonshiners," talk about the booming market for high-end hooch.

  • Nolet celebrates 325 years of vodka making

    The distillery behind Ketel One Vodka, is now in its 11th generation.

  • A shopper outside a Kroger supermarket in Peoria, Illinois.

    Kroger has delivered 43 straight quarters of rising sales at stores open at least a year.

  • The UN food price index has dipped to a four-year low as good weather has resulted in an oversupply of cereals and dairy imports have slowed.

  • Bottles of wine sit on a shelf at Ludwigs Fine Wine and Spirits on October 30, 2013 in San Anselmo, Calif.

    The U.S. became the world's biggest market for wine last year, beating France into second place for the first time.

  • Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.

  • Jean-Paul Agon, chief executive officer of L'Oreal SA

    L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.

  • absolut.jpg

    If you couldn't be Don Draper on "Mad Men," you could at least drink like him, but now vodka is back as America's favorite.

  • As Coca-Cola unveiled its first processing plant in Myanmar, one analyst warned that the move into frontier markets could mean emerging markets are not as attractive to multi-nationals as they once were.

  • A customer carries Tesco-branded shopping bags as she leaves one of the company's stores.

    British grocery giant Tesco came to America nearly six years ago. Sadly for the British company, its invasion ended like the Revolutionary War.

  • Cheerios

    The "astonishing" growth of the middle class in emerging markets is benefiting General Mills and creating jobs in the U.S., CEO Ken Powell told CNBC's "Street Signs" on Thursday.