Recipe for a great holiday gift: Add one of these bottles. Pour. Serve.» Read More
Oil prices plunge after OPEC decides against output cut. CALGARY- Brent crude oil plunged as much as $6.50 a barrel, and U.S. crude dropped by nearly as much, posting their steepest one-day falls since 2011, after OPEC decided against cutting output despite a huge oversupply in world markets. BOGOTA- Hundreds of thousands of people displaced from their land...
*Coke to buy SABMiller some non-alcoholic brands. *SABMiller says merger to save soft drink expansion spending. JOHANNESBURG, Nov 27- SABMiller and Coca-Cola will combine the operations which mix, bottle and distribute their soft drinks in Africa, creating a group with sales of $2.9 billion and ambitions to corner a fast-growing market.
LONDON/ JOHANNESBURG, Nov 27- SABMiller Plc, The Coca-Cola Company and Gutsche Family Investments are combining their soft drinks bottling operations in South and East Africa to create a group with $2.9 billion in revenue across 12 fast-growing markets. The new company, which will be headquartered in South Africa, will be 57 percent owned by the brewer, 31.7...
Fans of Goose Island Beer Company have their own annual Black Friday tradition: Standing in line for Bourbon County Brand Stout.
Rethink the airline beverage cart. Bartenders say it's easy for travelers to make a classier cocktail with mixers you can carry onto the plane.
Simon Emeny, CEO of Fuller, Smith and Turner, says an end to Britain's "beer tie" rule is unlikely to lead to cheaper beer.
SEOUL, Nov 19- Global coffee demand is likely to climb 2.5 percent a year until the end of the decade, driven by strong growth in appetite in markets such as China and Russia, the head of a global industry body said on Wednesday. The International Coffee Organization's executive director told Reuters in an interview that demand would hit 175 million 60- kg bags in...
Stella David, CEO of Glenfiddich, says Scotch whisky companies have to plan for sales 30 years in advance, and must protect their brands.
*Good weather, bigger harvest lead to glut. NANDI HILLS, Kenya, Nov 16- Emerald-coloured tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters. Samuel Busienei, a 72- year-old tea farmer, says he earns 40 percent less for each kilogramme of tea sold...
Rob and Kurt Widmer, the founders of Portland's Widmer Brothers Brewing, have created a business that has made them the elders of craft brewing.
After more than 20,000 wines were reviewed, Tom Matthews, Wine Spectator executive editor, reveals the top wine for 2014. Matthews also discusses recent trends in the diverse wine space.
The craft beer movement is great for the beer business overall, Anheuser-Busch InBev CEO Carlos Brito told CNBC on Thursday.
Carlos Brito, Anheuser-Busch InBev CEO, discusses the state of the international beer business and innovation at AB InBev
LONDON, Nov 13- Brewing giant SABMiller reported weaker-than-expected profit and a dip in margins for the first half of its fiscal year, citing poor weather in China and intensified competition among retailers in Australia. Excluding the impact from the depreciation of currencies in Latin America and South Africa versus the dollar, SABMiller said EBITDA...
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Jørgen Buhl Rasmussen, CEO of Carlsberg, says the Russian market will grow again in the future after the beer maker was hit my geopolitical tensions in the country.
Jørgen Buhl Rasmussen, CEO of Carlsberg, says the company is looking for acquisition opportunities in Asia.
*Worst of Russia pain, rouble slide still to come. Whether due to' recession-proof' products or because the companies have been able to offset pain in Eastern Europe with growth elsewhere, brewer Carlsberg and detergent-and-cosmetics group Henkel are among firms whose third-quarter results beat market forecasts, despite their exposure to Russia.
Nov 12- Fuel cell maker Plug Power Inc posted a bigger-than-expected quarterly loss as it continues to struggle to cut costs, sending its shares down as much as 18 percent in premarket trading. Plug Power has been increasing investments and expanding its clientele in European auto-manufacturing markets to take advantage of the growing interest in clean...
Alexis Nasard, president of western Europe at Heineken, is bullish on western Europe and says there are promising signs of strength in the region.