Heineken's shares surged 12% on Wednesday as the Dutch brewer predicted more growth next year after producing forecast-beating profits in 2024, and said it would
Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world's second-biggest
Diageo warned on Tuesday of a $200 million hit to its operating profits from U.S. tariffs on Mexican and Canadian imports and German auto
Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs -- postponed for a
In recent months, plenty of business executives have said they were taking a wait-and-see approach to U.S.
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next week, which some investors say may no
Big Tobacco firms including British American Tobacco are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming
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
British American Tobacco's admission that its U.S. cigarette brands will be worthless within decades has ramped up pressure on the company to prove it can better
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.
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
Some of the world's top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about
European governments are weighing the introduction of tougher rules on cigarette makers' new zero-tobacco heat sticks, moving to close the loopholes they were
Philip Morris International is preparing to launch its flagship heated tobacco device IQOS in Austin, Texas, indicating it will be the first testing ground for its
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
Danish brewer Carlsberg sold more of its premium beer brands and saw price increases in all its main markets during the first quarter,
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
Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the
Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in
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,
Hit with Chinese tariffs, Australia's wine industry struggled to offset the impact of falling exports despite scrambling to build new
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
Health campaigners have written to U.S. regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the launch of
Researchers link a gene to the emergence of spoken language
Huawei's tri-foldable phone hits global markets in a show of defiance amid US curbs
BOJ may raise rates twice more this year, underpin yen, says ex-FX diplomat Watanabe
South Korea's parliament presses for Yoon's removal as impeachment trial winds down
India's top court tells podcaster charged with obscenity to stop shows for now
Britain's Airport Coordination beats Qantas-Virgin JV to manage slots in Sydney
Death of South Korean actor at 24 sparks discussion about social media and internet culture
