AMATITAN, Mexico, Feb 11- An expected surge in Chinese demand should boost Mexico's tequila exports by 20 percent within a decade, according to the regulator of the country's signature cactus-based liquor, and producers are gearing up for a boom.» Read More
SEOUL/ HONG KONG, Jan 21- A story Oriental Brewery boss Chang In-soo often tells about his days as a soju salesman is how he and two clients once worked through 29 bottles of the traditional Korean rice liquor at a single sitting. Oriental Brewery has certainly performed well in the five years under KKR& Co and Korea specialist Affinity Equity Partners.
HONG KONG, Jan 20- Anheuser-Busch InBev SA, the world's largest brewer, has agreed to buy South Korea's Oriental Brewery Co Ltd from KKR& Co and Affinity Equity Partners for $5.8 billion including debt, regaining ownership of a key Asian asset at a time of strong growth in the industry across the region.
TOKYO/ HONG KONG, Jan 16- A joint venture between U.S. investment bank Morgan Stanley and Japan's Mitsubishi UFJ Financial Group, which suffered from a culture clash in its early stages, looks to have found its footing.
HONG KONG, Jan 15- China shares again underperformed most of Asia early on Wednesday, limiting gains in Hong Kong, after weaker-than-expected money supply and loan growth data deepened concerns about tightening liquidity in the mainland.
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.
LONDON, Jan 8- Diageo PLC and celebrity rapper turned business mogul Sean "Diddy" Combs have jointly bought luxury U.S. tequila brand DeLeon, hoping to repeat the success they have had with the company's fast-growing Ciroc vodka.
TOKYO, Dec 31- After years of being overshadowed at home and practically unheard of overseas, Japan's whisky distilleries are expanding capacity as their malts become serious contenders against Scottish and Irish brands.
*Eyes expansion in Singapore, Hong Kong, Australia and Nordics. LONDON, Dec 31- With revellers raising a glass of bubbly to the new year, England's tiny sparkling wine industry is set for a lift in 2014 as established brands step up export plans and newcomers join the party.
LONDON, Dec 13- India's United Spirits could attract more buyers for its Whyte& Mackay Scotch whisky business and tip the price over the expected 450 million pounds if it included the single malt Dalmore, sources familiar with the matter say.
LONDON, Oct 8- Britain is on track to sell shares in Royal Mail at the top of its price range, two sources close to the deal said, valuing the postal service at more than $5 billion on the final day that investors can put in orders.
SYDNEY, Sept 23- The ousting of the chief executive of Treasury Wine Estates Ltd, the world's second-largest wine maker, on Monday underscored the need for a fundamental shift in the way Australia markets its wines to the world as its exports fall.
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.
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.
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.
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.
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.
CNBC's Brian Shactman reports bigger-than-expected data from the EIA Inventory at a build at 3.9 million barrels.