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  • Heineken says beer sales rose 2.2 percent in 1st quarter Wednesday, 22 Apr 2015 | 5:09 AM ET

    AMSTERDAM— Dutch brewer Heineken NV says it sold 2.2 percent more beer in the first quarter of 2015 compared with a year earlier, thanks to growth in Asia and the Americas. Net profit for the quarter soared to 579 million euros from 143 million euros a year ago, but included an extraordinary gain of 375 million euros from the sale of Mexican packaging unit Empaque.

  • Good opportunities for wine investing   Wednesday, 22 Apr 2015 | 4:40 AM ET
    Good opportunities for wine investing

    Tom Gearing, owner of Cult Wines, says that with prices having fallen in wine, there's some good opportunities when it comes to investing in fine wine, with Burgundy definitely grabbing attention with its good performance.

  • FRANKFORT, Ky.— The Kentucky distillery worker who's accused of leading a bourbon theft ring wore shirts promoting the distillery where he worked— and also stole liquor— as he delivered purloined barrels covered by a tarp in a pickup truck, a detective said. The ring that prosecutors say was led by Gilbert "Toby" Curtsinger operated for years and turned into a...

  • Japan's Nikkei closes at 15-year high, Europe stocks down Wednesday, 22 Apr 2015 | 2:35 AM ET

    TOKYO— Japan's stock benchmark closed above the 20,000- level for the first time in 15 years Wednesday, encouraged by the country's first monthly trade surplus since 2012. European stocks fell, however, and Wall Street was expected to open lower. CORPORATE EUROPE: Earnings results were mixed in Europe, with British retailer Tesco reporting a big 5.7 billion...

  • Senators voted 32-3 to advance a measure that would provide a tax credit for brewers who use Nebraska- grown hops and barley; would redefine hard cider as beer, rather than wine; and would allow more restaurants and bars to sell growlers— refillable large bottles— of craft beers to customers for off-site consumption. If 10 to 40 percent of the barley and hops used...

  • FRANKFORT, Ky.— Kentucky authorities indicted nine people Tuesday on charges of spiriting away what one prosecutor called more bourbon whiskey than a person could drink in a lifetime. "You had some rogue employees who took advantage of both the trust of their companies and their knowledge of the security measures to steal the barrels and bottles of bourbon from...

  • Andrew Cuomo is heading to Havana, the first American governor to visit Cuba since the recent thaw in relations with the communist nation. The formal state visit on Monday and Tuesday is meant to foster greater ties between New York and Cuba. Any significant economic relationship with Cuba will take time, according to Joe Schoonmaker, the chairman of the New York...

  • European equities retreat from highs on Greek concerns Thursday, 16 Apr 2015 | 7:23 AM ET

    LONDON, April 16- European equities retreated on Thursday, with growing concerns about Greece's debt situation prompting investors to take some profits after the previous session's 14- year highs. Greece's ATG share index fell 0.8 percent as the Financial Times reported the International Monetary Fund had rebuffed a request from the country to delay loan...

  • Media stocks drag down European equities from highs Thursday, 16 Apr 2015 | 6:31 AM ET

    The STOXX Europe Media index dropped 1.3 percent, the top sectoral decliner, dragged down by a 3.6 percent fall in Pearson after a report saying the Los Angeles Unified School District was seeking a refund from Apple over a bungled $1.3 billion iPad plan with curriculum from Pearson. Around Europe, Britain's FTSE 100 index was down 0.3 percent and Germany's DAX...

  • April 9- Alcoholic beverage maker Constellation Brands Inc forecast a profit for the fiscal year ending February that was largely in line with analysts' estimates and said it would spend more than $1 billion this year to expand its beer business. The company said it would spend about $1.05- $1.15 billion on its beer business, primarily to expand capacity in its...

  • NEW YORK, April 7- Hint Water founder and CEO Kara Goldin is on a quest to rid the beverage industry of sugary, unhealthy drinks. Based in San Francisco's Bay Area, Goldin is just as passionate about seeing the cities she visits on her job to promote her company's fruit-infused water, from beyond a conference room window. Stroll along the Ohio River to reach the Belle...

  • And the most loved beer label is... Monday, 6 Apr 2015 | 1:18 PM ET
    Newburgh Brewing Company beer

    After two weeks and thousands of votes, Newburgh Brewing Co.'s Cream Ale beer label was crowned the winner.

  • *Volvo, Asos, SABMiller among firms pursuing natural hedges. Last month it announced plans to build a $500 million plant in the United States, looking past the dollar's current strength to build in a longer-term protection. "We're eliminating short-term currency fluctuations, which are never good for long-term commitment to customers in different regions, and...

  • Most Loved Beer Label championship set Thursday, 2 Apr 2015 | 12:32 PM ET
    From left: Newburgh Brewing's Cream Ale and Founders' Dark Penance

    After narrowing the field from 16 entrants in each region, CNBC's Most Loved Label contest is down to two.

  • 'Dry wine': The plight of California grape growers Wednesday, 1 Apr 2015 | 3:32 PM ET
    A winery's vineyard irrigation system provides moisture to grapevines on March 17, 2015, near Los Alamos, California.

    A tipping point may be coming. A crowded marketplace was already pressuring winemakers to cut prices. Now, the drought is pushing up costs.

  • Final four set in Most Loved Beer Label contest Wednesday, 1 Apr 2015 | 3:15 PM ET
    Beer

    After 16 entrants in each region—and nearly a week and a half of voting—four regional champions have been crowned in CNBC's Most Loved Label contest.

  • ADDIS ABABA, April 1- International brewers are helping transform Ethiopia's business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa's fastest growing economies. Heineken, Diageo and privately-owned Dutch brewer Bavaria, have snapped up state breweries or built new ones in the past four...

  • ADDIS ABABA, April 1- International brewers are helping transform Ethiopia's business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa's fastest growing economies. Heineken, Diageo and privately-owned Dutch brewer Bavaria, have snapped up state breweries or built new ones in the past four...

  • Yuengling now tops Boston as largest craft brewer Tuesday, 31 Mar 2015 | 3:34 PM ET
    Cans of lager are filled at the Yuengling brewery in Pottsville, Pa.

    A new definition by the Brewers Association of what constitutes craft beer changes the lineup of the largest U.S. brewers by sales volume.

  • The battle of beer labels: Meet the elite eight Tuesday, 31 Mar 2015 | 12:43 PM ET
    Terrapin Beer Co. Hi-5 IPA.

    CNBC's battle of the breweries sees a New York-based brewery put up big vote totals in Round Three of the Most Loved Label contest.