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  • LONDON/ BRUSSELS, July 28- Diageo and Heineken have agreed to dissolve their joint ventures in South Africa and Namibia, so the British spirits maker and Dutch brewer can pursue their own growth strategies in the countries. Diageo said it has become market leader in spirits in South Africa with a 40 percent share and felt it had the necessary scale to go it alone.

  • BRUSSELS, July 28- Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11- year cooperation in South Africa and Namibia in a series of deals to disentangle joint ventures. Diageo, whose brands include Johnnie Walker, Smirnoff and Guinness, said it had become market leader in spirits in South Africa with a 40 percent share and felt it had the...

  • Minefield for market with Fed, earnings, commodities Monday, 27 Jul 2015 | 8:08 AM ET
    An oil trader works on the floor of the New York Mercantile Exchange.

    The Fed meets next week, but a commodities meltdown and earnings season are adding to concerns about global growth and may steal some of its thunder.

  • KINGSTON, Jamaica— The U.S. Virgin Islands' environmental agency plans to file a violation order against two rum producers on St. Jamal Nielsen, spokesman for the Department of Planning and Natural Resources, said authorities are "in the process of crafting a violation order" against Cruzan Rum and Diageo USVI, a subsidiary of global liquor giant Diageo PLC that...

  • 10 things you need to know about tequila Friday, 24 Jul 2015 | 12:59 PM ET
    Margarita

    Happy National Tequila Day! Here are 10 things you need to know. Plus, some tequila picks and a great margarita recipe. Cheers!

  • SEC invetigates spirits maker Diageo Friday, 24 Jul 2015 | 7:00 AM ET
    SEC invetigates spirits maker Diageo

    Beer and spirits giant Diageo under investigation by the S-E-C into whether it artificially boosted sales figures.

  • LONDON, July 24- British spirits maker Diageo is under scrutiny in the United States, where the U.S. Securities and Exchange Commission has asked for information to see whether it shipped excess inventory to U.S. distributors, a practice known as "channel stuffing". A spokeswoman for Diageo, the world's biggest spirits company with brands including Smirnoff...

  • SEC investigating Smirnoff maker Diageo Thursday, 23 Jul 2015 | 4:56 PM ET
    An employee reaches for a case of Diageo's Smirnoff brand vodka at a distribution warehouse in Bolingbrook, Ill.

    The U.S. Securities and Exchange Commission is investigating Smirnoff maker Diageo over its distribution practices.

  • July 23- The U.S. Securities and Exchange Commission is investigating if liquor company Diageo Plc has been shipping excess inventory to distributors to boost its results, the Wall Street Journal reported, citing people familiar with the inquiry. The maker of Smirnoff vodka and Johnnie Walker whiskey confirmed that it had received an inquiry from the SEC...

  • July 23- The U.S. Securities and Exchange Commission is investigating if liquor company Diageo Plc has been shipping excess inventory to distributors to boost its results, the Wall Street Journal reported, citing people familiar with the inquiry.

  • Cramer Remix: It isn't Greek to me Friday, 19 Jun 2015 | 7:14 PM ET
    Jim Cramer on Mad Money.

    "Mad Money" host Jim Cramer on what next week could hold.

  • Cramer: Chinese slowdown is a crackdown Friday, 19 Jun 2015 | 6:31 PM ET
    Share holders stay at a security trading floor in Shenyang, Liaoning province of China.

    Jim Cramer learned some very disturbing news about China on Friday, which leads him to believe the slowdown is not consumer led.

  • PARIS, June 17- Remy Cointreau posted higher than expected annual profit on Wednesday, despite a difficult year in China, and said it would accelerate a drive to sell higher-priced spirits to boost profit margins, sending its shares up to 8 percent higher. At 1120 GMT, Remy Cointreau shares were up 1.6 percent at 65.15 euros, off a session-high of 70 euros, but...

  • Europe closes down; Deutsche hit by office raid Tuesday, 9 Jun 2015 | 11:30 AM ET
    Man walks past HSBC bank branch

    European equities closed largely lower on Tuesday, in the wake of declines in Asian markets and falls in shares of HSBC and Deutsche Bank.

  • Europe closes lower; G-7 summit in focus Monday, 8 Jun 2015 | 11:30 AM ET

    European equities closed lower on Monday as geopolitical tensions continue to rattle sentiment, while shares in Deutsche Bank surged.

  • LONDON, June 8- Shares in Germany's largest lender, Deutsche Bank, surged almost 5 percent on Monday on the appointment of a new CEO, but failed to offset a broader sell-off in European equities as bond yields and the euro rose. "Rising bond yields and the continued impasse over a new Greece deal keep investors cautious," said CMC Markets analyst Michael Hewson.

  • LONDON, June 8- Shares in Diageo Plc, the world's largest spirits maker, rose about 7 percent on Monday following a report in the Brazilian press saying private equity firm 3 G Capital was considering a bid for it. But a leveraged buyout of Diageo would be the largest in history and well beyond anything 3 G has done, said Jefferies analysts, who estimated that the...

  • "Extraordinary" reaction from Diageo merger report Monday, 8 Jun 2015 | 5:10 AM ET

    Reports suggests that "Brazil's richest man", Jorge Paulo Lemann, is mulling over a bid to buy UK spirits business, Diageo. CNBC's Catherine Boyle, discusses how markets have reacted to the claims.

  • Diageo: Too big to be bought? Monday, 8 Jun 2015 | 4:40 AM ET
    Diageo: Too big to be bought?

    Reports suggests that "Brazil's richest man", Jorge Paulo Lemann, is mulling over a bid to buy UK spirits business, Diageo. CNBC's Catherine Boyle, discusses the claims.

  • *Bid speculation lifts Diageo and Actelion. LONDON, June 8- European shares fell on Monday, weighed down by a drop in agrochemicals group Syngenta although Deutsche Bank outperformed to surge higher after boardroom changes. Bid speculation also lifted the shares of drinks group Diageo and Swiss biotech company Actelion, following reports that Shire might bid...