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Diageo PLC

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  • UPDATE 1-Chief executives and the itch to quit Thursday, 16 May 2013 | 6:28 AM ET

    LONDON, May 16- On approaching his 60th birthday this year, long-serving Tullow Oil boss Aidan Heavey told staff he felt "like two 30 year-olds". Peter Voser is giving up one of the world's most challenging CEO roles at Royal Dutch/Shell next year, before his 55th birthday, in pursuit of a "lifestyle change".

  • UPDATE 2-Richemont chairman to take year off Thursday, 16 May 2013 | 5:41 AM ET

    *Rupert to take one year leave after September AGM. ZURICH, May 16- Richemont's chairman and founder will take a year off from September, leaving the world's No. 2 luxury group in the hands of recently-named joint chief executives at a time of faltering growth in the industry's key market of China.

  • Chief executives and the itch to quit Thursday, 16 May 2013 | 3:04 AM ET

    LONDON, May 16- On approaching his 60th birthday this year, long-serving Tullow Oil boss Aidan Heavey told staff he felt "like two 30 year-olds". Peter Voser is giving up one of the world's most challenging CEO roles at Royal Dutch/Shell next year, before his 55th birthday, in pursuit of a "lifestyle change".

  • Facebook VP, former Diageo exec join Hertz board Wednesday, 15 May 2013 | 3:49 PM ET

    PARK RIDGE, N.J.-- Rental car company Hertz Global Holdings Inc. said Wednesday that a Facebook marketing executive and a former executive with alcohol maker Diageo have been elected to its board. The company said Everson's experience with social media and digital platforms was valuable as Hertz builds its online services.

  • 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.

  • BRUSSELS, May 8- Belgian grocer Delhaize is looking for a new chief executive after its boss of 14 years, who brought together a loose grouping of businesses and built them up in the United States and eastern Europe, said he was stepping down. "When he became CEO, Delhaize was a holding rather than an integrated group," KBC analyst Pascale Weber said of Beckers.

  • *Diageo seeks further emerging markets expansion. LONDON, May 7- Diageo named Ivan Menezes as chief executive on Tuesday, turning to an Indian-born company insider whose role in the British drinks firm's push into emerging markets points to where it sees its future.

  • Early Movers: DIS, EA, OMX & More Tuesday, 7 May 2013 | 7:59 AM ET

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

  • *Change comes as Diageo seeks emerging markets expansion. LONDON, May 7- Diageo reshuffled its management on Tuesday, with a company insider becoming the boss of the world's biggest spirits firm, suggesting there will be no signficant change in strategy.

  • *Change comes as Diageo seeks emerging markets expansion. LONDON, May 7- Diageo reshuffled its management on Tuesday, with a company insider becoming the boss of the world's biggest spirits firm, suggesting there will be no signficant change in strategy.

  • LONDON, May 7- European stock market futures pointed to a higher open on Tuesday, with solid earnings reports helping to consolidate last week's gains and send stocks back up towards multi-year highs as Europe's biggest financial centre reopened after a holiday.

  • LONDON, May 7- Spirits company Diageo named Chief Operating Officer Ivan Menezes as its new chief executive on Tuesday, choosing an insider to replace Paul Walsh who has been at the helm of the British firm since 2000..

  • Diageo says Ivan Menezes to replace CEO Walsh Tuesday, 7 May 2013 | 2:15 AM ET

    LONDON, May 7- Global spirits company Diageo. named Chief Operating Officer Ivan Menezes as its new chief executive, replacing Paul Walsh who has been at the helm of the firm since 2000..

  • Diageo Says Ivan Menezes to Replace CEO Walsh Tuesday, 7 May 2013 | 2:02 AM ET

    Global spirits company Diageo named Chief Operating Officer Ivan Menezes as its new chief executive, replacing Paul Walsh who has been at the helm of the firm since 2000.

  • Paul Walsh to Retire From Diageo   Tuesday, 7 May 2013 | 2:00 AM ET

    Yogi Dewan, founder of Hassium Asset Management, tells CNBC that Paul Walsh would be a tough act to follow at Diageo and he would air on the side of caution.

  • UPDATE 3-Unilever places $5 bln bet on Indian growth Tuesday, 30 Apr 2013 | 9:20 AM ET

    MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.

  • UPDATE 3-Unilever places $5 bln bet on Indian growth Tuesday, 30 Apr 2013 | 9:20 AM ET

    By Nandita Bose and Kate Holton. MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.

  • European spirits manufacturers will probably maintain their high levels of trade investment in China despite a slowdown in sales growth that will take time to recover, Fitch Ratings says.

  • LONDON, April 30 European spirits manufacturers will probably maintain their high levels of trade investment in China despite a slowdown in sales growth that will take time to recover, Fitch Ratings says.

  • *Unilever bets on India consumption growth. MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy.