Venezuela's currency controls give consumers cheap Scotch and Barbies, even as they struggle with shortages of staple products such as milk and medicine.» Read More
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.
Some of the names on the move ahead of the open.
Graeme Harlow, Managing Director for Southeast Asia at Diageo, introduces the inaugural "World Class Southeast Asia Final and Bar Show" in Singapore.
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.
European shares closed higher on Thursday, as investors focused on Wall Street earnings and the latest U.S. jobs data.
Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.
While stocks aren't as cheap as they were a year ago, Bill Nygren made four new portfolio additions.
Global drinks firm Diageo on Tuesday announced the launch of a tender offer to acquire up to 26 percent more in India's United Spirits.
Happy Monday. Market advice: It looks like the mo-mos are no-nos.
Diageo is lobbying Tennessee legislators to ease the state's whiskey laws so other distillers can experiment with new techniques, WSJ reported.
YouGov's BrandIndex, which measures daily brand perception among consumers, released its annual ranking of the best perceived beers among consumers.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
There seems to be little to no interest in fresh overseas investment into India, and that’s a mistake, says a local expert.
Procter & Gamble cut its sales and earnings outlook for the year to reflect unfavorable foreign exchange rates in emerging markets.
Lately, a catalyst has been popping up in the market that’s somewhat unpredictable. And it's playing havoc with stocks.
Some of Thursday's midday movers: