Pepsi has canceled its sponsorship of a UK festival where Kanye West (Ye) is scheduled to headline, following the Prime Minister's condemnation of the artist's past celebration of Nazism.
Diageo has completed the sale of its cricket team to a Blackstone-backed consortium for $1.8 billion, marking a significant transaction in the sports and investment sectors.
Diageo has completed the sale of its cricket team to a Blackstone-backed consortium for $1.8 billion, marking a significant transaction in the sports and investment sectors.
Diageo, the maker of Johnnie Walker, has warned of a sales fall and cut its annual sales forecast and dividend, causing its shares to drop. This comes as demand weakens in key markets.
Shares of Diageo Plc, the maker of Guinness and Johnnie Walker, experienced their largest drop in two years after the company cut its financial guidance for the second time this fiscal year and announced a dividend cut.
Diageo has cut its annual sales and profit forecast for the second time in four months and slashed its dividend, citing weak demand in the US and China, while also vowing to address Guinness capacity constraints in London.
World Class by Diageo has revealed its top 20 bartenders for India, Nepal, and Sri Lanka, following a competition that challenged participants to create innovative cocktails.
A comparison of beverage giants Diageo and Constellation Brands highlights contrasting market performances, with one experiencing a downturn while the other breaks out.
Diageo, the producer of Guinness, has received planning permission to double the capacity of its Kildare Brewery in Ireland with a €260 million investment, aiming to make it a production hub for Guinness and Guinness 0.0 for emerging markets.
Diageo has completed the sale of its cricket team to a Blackstone-backed consortium for $1.8 billion, marking a significant transaction in the sports and investment sectors.
Diageo, the global beverage giant, is reportedly undergoing significant changes under its new leadership, with the new boss making bold strategic moves.
Diageo has lowered its financial outlook and reduced its dividend payout, citing continued soft demand in the United States market as a primary factor.
Diageo on Wednesday said it was cutting its dividend in half as it reduced its sales outlook, citing American consumer reluctance to spend due to affordability concerns.
Diageo, the global spirits giant, is preparing for a significant company overhaul under its new boss, aiming to boost performance and 'keep spirits up'.
Diageo has announced its first-ever full portfolio sponsorship of the Africa Magic Viewers’ Choice Awards (AMVCA), with Guinness debuting as a major sponsor for the 12th edition of the event. This marks a significant industry milestone for the film and television awards.
Diageo (DEO) is experiencing challenges due to a combination of cyclical and structural demand headwinds, impacting the company's business performance.
As workers filed out of Diageo's Amherstburg, Ont., Crown Royal bottling facility for the last time on Wednesday, some expressed anger — not just at the company that put them out of work, but at the provincial government for not following through on a promise to pull Crown Royal off shelves if the plant closed.
Sir Dave Lewis, the new chief executive of Guinness maker Diageo, is set to reveal the group's half-year results and his plans for turning the company around.