European shares closed lower on Thursday with investors reacting to quarterly earnings and some disappointing data from the euro zone.» Read More
ZURICH, Aug 7- Nestle announced an 8 billion Swiss franc share buyback on Thursday and revealed stronger sales growth in emerging markets in contrast to other big consumer products companies.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
With demand growing, distillers are selling more whiskeys without an age noted. So much more matters when it comes to a good whiskey.
*Cognac shipments to China could pick up from Q3- CFO. PARIS, July 18- Spirits group Remy Cointreau said it expects demand for cognac in China to pick up later this year, after blaming a Chinese government crackdown on ostentatious spending for another drop in group sales in the first quarter.
PARIS, July 11- Pernod Ricard has spent almost $100 million to gain majority control of Avion Spirits LLC, owner of top-of-the-range tequila brand Avion, as part of plans to expand in the United States, its largest market, the French firm said on Friday.
*Announces investments in Britain by Indian companies. MUMBAI, July 7- Britain's finance minister George Osborne praised India's new prime minister Narendra Modi on Monday for helping create a quick turnaround in investor sentiment, during a two-day trip aimed at opening up opportunities in defense and infrastructure.
LONDON/ ACCRA, July 4- Tucked in a corner of a Guinness brewery in a run-down part of Ghana's capital, flanked by industrial silos and crates of bottles, stands the Cube, a gleaming mini-factory that may point the way forward for global consumer goods companies in Africa.
European shares closed flat on Monday, at the start of a week packed with important economic data.
Emerging markets got plenty of love from top mutual fund managers at the Morningstar Investment Conference in Chicago this week.
A battle between two liquor companies over who has the right to label their whiskey as following authentic Tennessee style.
LONDON, June 7- Microsoft Corp co-founder Bill Gates has sold his entire stake in G4S Plc, the British security firm trying to bounce back from a series of scandals that have hurt its reputation and profits.
Some of the names on the move ahead of the open.
ADDIS ABABA, May 26- Ethiopia has pushed the door ajar for foreign retailers keen to enter the fast-growing market of 90 million people, welcoming them as managers but keeping the state in control.
Graeme Harlow, Managing Director for Southeast Asia at Diageo, introduces the inaugural "World Class Southeast Asia Final and Bar Show" in Singapore.
San Francisco- based Anaplan makes applications that help companies such as beverages giant Diageo and information-technology company Hewlett Packard make financial, strategy and sales forecasts.
Dr. Dre could become the world's first billionaire rapper if Apple goes through with its purchase of Beats Electronics.
Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.
PARIS, April 24- Pernod Ricard said it was buying Kenwood Vineyards to beef up its premium wines portfolio in the United States, the French drinks company's biggest market, and was looking for more small-scale acquisitions.
"If I want to successfully conquer India... I can't do that with a plant in Hamburg, "said Stefan Heidenreich, head of Beiersdorf, whose products range from Nivea to the high-end La Prairie creams. Nivea plans to open a factory in India in 2015, to make creams in smaller, cheaper packs, products with different scents and whitening creams, which are popular in Asia.
LONDON, April 17- European equities finished higher on Thursday after losing ground earlier in the session, with upbeat results from major U.S. companies like Morgan Stanley, Goldman Sachs and General Electric improving sentiment.