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Distillers and Vintners

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  • Wine in reusable growlers? Ore. Senate says cheers Friday, 29 Mar 2013 | 9:20 AM ET

    SALEM, Ore.-- Fans of Oregon craft beer can bring a reusable container known as a "growler" to their local brewery and fill up, and the Oregon wine industry wants in on that kind of trade. Winemakers say they're always looking for new ways to market the products of a growing Oregon business, adding that growlers save a lot of glass and cork.

  • FEATURE-Bulk vs bottle dilemma for South African wine Tuesday, 26 Mar 2013 | 7:18 AM ET

    *South Africa is world's eighth largest wine producer. STELLENBOSCH, South Africa, March 26- At South Africa's Rostberg and Co., green bottles filled with a ruby liquid clink as they march along a conveyor belt, destined for wine-lovers from Paris to Shanghai.

  • Beer and Africa: A Recipe for Profit? Monday, 25 Mar 2013 | 9:56 AM ET

    One sector that is yet to be truly tapped in Africa is the brewing industry, according to research firm Bernstein Research, which believes it is probably the most attractive region for long-term profit growth for global brewers.

  • Deals of the day -- mergers and acquisitions Friday, 22 Mar 2013 | 9:31 AM ET

    **Greece's Piraeus Bank struck a deal on Friday to take over the Greek branches of Cyprus's troubled banks in what a source close to the matter said involved the transfer of 17 billion euros of loans and 14 billion euros of deposits.

  • **Private equity firms are joining forces in the auction of BMC Software Inc, four people familiar with the matter said, making it more likely that the business software maker will be taken private in a deal that will top $6 billion.

  • Russian markets - Factors to Watch on March 22 Friday, 22 Mar 2013 | 2:29 AM ET

    MOSCOW, March 22- Here are events and news stories that could move Russian markets on Friday. MOSCOW- Chinese President Xi Jinping will meet Russian President Vladimir Putin during a visit to Russia that is his first foreign trip since becoming president;. MOSCOW- European Commission President Jose Manuel Barroso to meet Russian Prime Minister Dmitry Medvedev;.

  • March 21- Central European Distribution Corp, a leading vodka producer that missed a debt payment last week, received a restructuring plan offering $280 million in cash, which would turn the equity over to a group led by a Russian investor.

  • LONDON, March 20- Britain's oldest wine merchant is giving its official stamp of approval to Chinese wine by stocking four wines produced in China from European grapes, a production shift which could help China muscle into the world wine market. This really is a snapshot of what China can do in the future. "

  • Despite Gains, Many Are Still Spending Less Tuesday, 12 Mar 2013 | 1:01 PM ET

    For many Americans, the improving economy has yet to take hold even as they hear about a stronger stock market and better jobs data.

  • An online poll of 1,538 people conducted March 4-8 by Reuters/ Ipsos found that two-thirds of adults say they are cutting their monthly spending and almost all of the rest say their spending is little changed.

  • March 6- Worldwide demand for its Jack Daniel's whiskey helped U.S. distiller Brown-Forman Corp to beat Wall Street profit estimates for a third consecutive quarter, and the company said full-year sales would rise. Brown-Forman also reported a surge in sales of whiskey to Russia and other emerging markets over the last nine months.

  • Fine Wine: More Palatable Than Rollercoaster Stocks? Wednesday, 6 Mar 2013 | 8:37 AM ET

    Investors looking to move away from paper assets to something more tangible should consider fine wine, a specialist told CNBC on Wednesday, arguing that rare bottles have seen a steady rise in prices.

  • NEW YORK, March 5- About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas- based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines." Stratton, a former Merrill Lynch broker who set up his own firm last year, said he's been fielding a lot of such calls lately.

  • *Province of Ontario produces most of Canada's icewine. BEAMSVILLE, Ontario, Jan 22- In the Ontario town of Beamsville, about 40 kilometers west of Niagara Falls, a small crowd of bundled-up figures crouched in a moonlit vineyard on a frigid January night, picking a crop of hard-frozen Gewurztraminer grapes.

  • *Guoco Group surges on privatisation bid. HONG KONG, Dec 12- Hong Kong shares rose to a 16- month closing high on Wednesday, widening their outperformance over wobbly mainland peers as stepped-up merger activity and a strong showing overnight on Wall Street encouraged investors to extend a recent rally.

  • China shares end up, reversing early losses Wednesday, 12 Dec 2012 | 2:03 AM ET

    HONG KONG, Dec 12- China shares recovered from earlier losses to close higher on Wednesday as financial stocks and liquor producer Kweichow Moutai led an afternoon rebound. The CSI300 closed up 0.4 percent at 2,267.77. The Shanghai Composite also rose 0.4 percent.

  • TOKYO, Dec 12- Suntory Holdings Ltd plans to raise up to $6 billion in an initial public offering of its food and non-alcoholic beverage unit, sources with knowledge of the matter said, as the Japanese group aims to expand overseas.

  • Deals of the day -- mergers and acquisitions Monday, 10 Dec 2012 | 4:08 PM ET

    **Nexen Inc's chief executive said on Monday that the $15.1 billion acquisition of the Canadian oil producer by China's CNOOC Ltd was not yet wrapped up despite the Canadian government's approval last week.