European stocks closed higher on Thursday after an onslaught of earnings, but Spanish stocks underperformed to close lower.
Americans are drinking more expensive booze, in particular tequila and whiskey, according to Diageo's boss.
Ivan Menezes, CEO of Diageo, says the U.S. market is improving on sales of products like Crown Royal and Bulleit Bourbon.
Europe ended in positive territory on Tuesday, as investors kept an eye on the slew of earnings and the start of the Federal Reserve meeting, while British insurer RSA surged 20%.
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.
Happy National Tequila Day! Here are 10 things you need to know. Plus, some tequila picks and a great margarita recipe. Cheers!
Beer and spirits giant Diageo under investigation by the S-E-C into whether it artificially boosted sales figures.
"Mad Money" host Jim Cramer on what next week could hold.
Jim Cramer learned some very disturbing news about China on Friday, which leads him to believe the slowdown is not consumer led.
European equities closed largely lower on Tuesday, in the wake of declines in Asian markets and falls in shares of HSBC and Deutsche Bank.
European equities closed lower on Monday as geopolitical tensions continue to rattle sentiment, while shares in Deutsche Bank surged.
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.
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.
That staple of Americana, bourbon, is drawing big interest from overseas investors.
Barely a year after U.K. drinks giant Diageo won a majority stake in India's United Spirits, a boardroom battle is giving the company a sore head.
European equities closed lower on Thursday after mixed first-quarter earnings reports and as Greece's economic outlook deteriorated further.
Some of the names on the move ahead of the open.
Jonny Forsyth, global drinks analyst at Mintel, says it may be time for drinks companies like Diageo to realign their business models to meet emerging trends in developing markets.
Want to know how many calories are in your shot of Johnnie Walker or your pint of Guinness? You're about to find out.
When it comes to generating a positive perception among consumers, this brand is still the beer to beat.