CHARLESTON, S.C.-- A California winery on Tuesday recovered four cases of Cabernet Sauvignon that were submerged in Charleston Harbor three months ago in the first phase of an experiment to determine the effect of ocean aging on wine.» Read More
CHARLESTON, S.C.-- A California winery on Tuesday recovered four cases of Cabernet Sauvignon that were submerged in Charleston Harbor three months ago in the first phase of an experiment to determine the effect of ocean aging on wine.
May 9- A small-batch vodka made in Austin, Texas, has found its way onto one of the world's biggest airlines. Tito's Handmade Vodka, created by geologist and geophysicist Bert "Tito" Beveridge, is now the exclusive vodka supplier to United Airlines, the companies are set to announce on Friday.
When Daimler said this week that it had finally been caught in the downdraft of the European economic crisis, it was an ominous sign for all of the Continent, the NYT reports.
British grocery giant Tesco came to America nearly six years ago. Sadly for the British company, its invasion ended like the Revolutionary War.
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.
April 8- Poland's Central European Distribution Corp, seeking to reduce its debt load, has filed for a pre-packaged bankruptcy that will give Russian businessman Roustam Tariko full control of the vodka producer, a court filing showed.
*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.
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.
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.
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.
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.
**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.