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Diageo PLC, the world's biggest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting from favorable currency exchange rates and cost-cutting amid weaker demand for many of its key products.
Diageo PLC, the world's largest producer and distributor of alcoholic drinks, plans to cut 150 jobs from its North American operations next month.
Diageo PLC, the world's largest producer and distributor of alcoholic drinks, said Thursday it is considering a possible deal with India's United Spirits Ltd.
Celebrating in the new economy could mean more time at home and less time in the bars, Sean "Diddy" Combs says.
Diageo PLC, the world's largest producer and distributor of alcoholic drinks, said it is pushing ahead with its focus on premium sales as it posted a small rise in full-year net profit on Thursday and cut its earnings forecasts for the current year.
Captain Morgan Would Like To Thank You For The TARP MoneyBack when the Troubled Asset Relief Program was being shoved through Congress, some legislators tacked on hidden tax breaks for firms in dozens of industries.
Distillery plans £65m green plant Plans for a major environmental project at Scotland's largest distillery have been announced. Drinks giant Diageo signed a deal with energy company Dalkia for a bio-energy facility at Cameronbridge, in Fife.
Guinness brewery in Dublin to remain openThe owner of Guinness stout, ending widespread media speculation in Ireland that it would shut the 250-year-old St. James's Gate brewery, said Friday that it was committed to continuing operations at the central Dublin site because of its iconic status around the world.
Johnnie Walker comes to Diageo's aidSales of Guinness were flattened by the heat last summer but growing worldwide demand for Johnnie Walker scotch helped drinks giant Diageo push profits ahead by 8% to £1.3bn over the first half.
Diageo upbeat despite challengesThe world's largest alcoholic drinks group, Diageo, has reported higher earnings, despite a weaker performance in some key markets.
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