Diageo faces a battle to win back some investors' trust following last month's profit warning as the Johnnie Walker whisky and
Major distillers want American drinkers to sip their Old Fashioneds, Negronis and Espresso Martinis this holiday season.
Some of the world's top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about
Danish brewer Carlsberg sold more of its premium beer brands and saw price increases in all its main markets during the first quarter,
Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in
Hit with Chinese tariffs, Australia's wine industry struggled to offset the impact of falling exports despite scrambling to build new
Diageo is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn
Egyptian Mohannad Abdelazeem, 35, doesn't drink alcohol.
Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had
A Couche-Tard takeover of 7-Eleven owner Seven & i would position the combined convenience store chain to dominate U.S. cigarette sales
Remy Cointreau slashed its full-year guidance on Friday, delaying its recovery from persistent double-digit sales declines, pushing out
Two of the biggest brewers, Anheuser-Busch InBev and Carlsberg, sold less than
A handful of North American companies which see potential for vape-like devices to ease migraines and respiratory diseases such as asthma have a long road to convince
Anheuser-Busch InBev outshone rival alcohol producers who had struck a downbeat tone in their quarterly results, but even the world's biggest brewer was cautious on
Diageo warned challenges could persist into next year after missing full-year profit expectations on Tuesday, sending shares in the world's top spirits maker down
Remy Cointreau investors say the company needs to diversify further as its reliance on cognac sales in the United States and China leaves it among the worst-hit by a
Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to
Philip Morris International's goals for heated tobacco in the United States are reachable, analysts and investors say, even though rivals see limited potential in a
Diageo's attempt to reassure investors about its strategy in Latin America has boosted confidence among some that the world's top spirits maker can revive its
British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that
Leading European cognac producers will attend a hearing on China's anti-dumping probe of the industry in Beijing on July 18 - their first chance to defend themselves
Global brewers are set to sell more beer this year after several quarters of declines, helped by factors from sports and slower inflation to weather patterns and a
High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations,
Health campaigners have written to U.S. regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the launch of
Mexico arrests local security chief for murder of Chilpancingo mayor
Sweden's Klarna confidentially files for US IPO
Somaliland votes with leaders seeing international recognition in reach
U.S. aircraft carrier joins military drills with South Korea and Japan
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years
Oregon tops Week 2 College Football Playoff rankings and Georgia drops out of the bracket
Caitlin Clark steps off the court and onto the fairway to play in an LPGA pro-am
Klay Thompson returns to cheers from some 400 Warriors employees