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Diageo PLC

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  • 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...

  • That's the plan for economic development in this otherwise sleepy town of Trimble, tucked away among the corn and soybean fields of northwestern Tennessee. Ballard, the proprietor of the Full Throttle Saloon in Sturgis, South Dakota, wants to bring the biker party vibe back to his Tennessee home town by catering to hot rods, custom motorcycles and live concerts...

  • LONDON— The percentage of women on the boards of the country's top companies is on track to meet a target of 25 percent by the end of the year, a study tracking female achievement said Tuesday. The report from the Cranfield International Center for Women Leaders said that 23.5 percent of boards of the companies listed on the U.K.' s main stock index, the FTSE 100, are...

  • French retailer Carrefour returning to Algeria - source Thursday, 19 Mar 2015 | 7:02 AM ET

    *Carrefour expanding in Africa through franchises, JVs. PARIS, March 19- Carrefour is preparing to return to Algeria after a six-year absence, as part of a drive to tap booming consumer demand in Africa. Rising incomes and an underdeveloped retail sector have made Africa an important new growth destination for retailers and consumer goods companies, with the...

  • BRUSSELS, March 6- Texas Pacific Group and Goldman Sachs have sold their remaining stake in Belgian hygiene products maker Ontex, they said in a joint statement on Friday. The diaper and incontinence products maker listed on the Brussels stock exchange in June 2014, but TPG and Goldman kept a 22 percent stake in the company through a joint investment vehicle...

  • *Bavaria NV to face rivals, Heineken, Diageo in Ethiopia. ADDIS ABABA, March 2- Ethiopian greenfield brewer Habesha, majority-owned by Dutch brewer Bavaria NV, said it plans to start selling beer in the second quarter of this year to tap rising domestic demand that has attracted global brands. Bavaria NV is the latest beer maker lured by Ethiopia's expanding middle...

  • *New Pernod CEO says U.S, China are top growth priorities. PARIS, Feb 12- French spirits group Pernod Ricard is pinning its hopes on the coming new year celebrations in China, its second-largest market, to deliver gradually improving sales this financial year and sustain profit growth. Ricard became head of Pernod Ricard at a board meeting on Wednesday, putting the...

  • PARIS, Feb 12- French spirits group Pernod Ricard on Thursday posted a flat first-half operating profit as a crackdown on extravagant spending in China and a struggling vodka market in the United States, its biggest market, held back earnings growth. In China, the group's second-largest market, sales still fell 16 percent in the first half and the upcoming...

  • *China and the United States pose challenges. PARIS, Feb 9- Alexandre Ricard becomes head of Pernod Ricard on Wednesday, putting the founding family back in charge of the world's second-largest spirits maker when growth in its two key markets has slowed. To live up to those hopes, Ricard must pep up the performance in the United States and China and has only limited...

  • Pernod scion inherits China, U.S. growth challenges Monday, 9 Feb 2015 | 10:12 AM ET

    *China and the United States pose challenges. PARIS, Feb 9- Alexandre Ricard becomes head of Pernod Ricard on Wednesday, putting the founding family back in charge of the world's second-largest spirits maker when growth in its two key markets has slowed. To live up to those hopes, Ricard must pep up the performance in the United States and China and has only limited...

  • Ethiopia wants manufacturers and exporters. ADDIS ABABA, Feb 8- Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help it mimic Asia's industrial rise. Brought to its knees by "Red Terror" communist purges in the 1970 s...

  • TOKYO, Feb 6- Japan's Suntory Holdings Ltd aims to double revenue at its Beam spirits business to $10 billion in five years as it capitalizes on the growing popularity of drinks like whisky and bourbon and forays further into developing markets, its new president said. Suntory last year bought U.S. bourbon maker Beam for $16 billion, propelling the company to rank...

  • NEW YORK, Feb 3- Sales of distilled spirits in the United States by industry suppliers rose 4 percent in 2014 to $23.1 billion from the year earlier, driven by strong growth in brown liquors, according to an industry trade group. The Distilled Spirits Council, which represents companies like Diageo PLC, Pernod Ricard SA and Brown-Forman Corp, said overall U.S. sales...

  • NEW YORK, Feb 3- Sales of distilled spirits in the United States by industry suppliers rose 4 percent to $23.1 billion in 2014, driven by strong growth in brown liquors, according to an industry trade group. The Distilled Spirits Council, which represents companies like Diageo PLC, Pernod Ricard SA and Brown-Forman Corp, said that overall, U.S. sales volumes rose...

  • HALFTIME FINAL TRADES 2/2/15 Monday, 2 Feb 2015 | 1:29 PM ET
  • Europe shares close mixed; Shell falls 4% Thursday, 29 Jan 2015 | 11:32 AM ET

    European equities closed mixed on Thursday, with a sharp decline in Shell shares hitting the U.K.'s FTSE 100 index.

  • Early movers: MCD, F, DOW, BABA, COH & more Thursday, 29 Jan 2015 | 8:21 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Diageo CEO: Premium brands rise   Thursday, 29 Jan 2015 | 6:22 AM ET
    Diageo CEO: Premium brands rise

    Ivan Menezes, Diageo CEO, weighs in on consumer consumption of distilled spirits as whisky sales remain strong and flavored vodka sales slip.

  • Diageo slumps in Asia, but growth will return: CEO Thursday, 29 Jan 2015 | 4:21 AM ET

    Global drinks brand Diageo posted disappointing sales for the first half on Thursday, after a slump in the Asia Pacific region.