Culture
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks Diageo is considering options for its…
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Diageo
Business
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US…
Business
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an…
Business
Guinness-owner Diageo CEO step downs after tough two years, finance chief to lead in interim
Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on Wednesday (Jul 16), with…
Business
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of…
Business
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand…
Business
Guinness supplies being limited after demand soars
The amount of Guinness pubs can buy in the build up to Christmas has been limited by its maker Diageo after "exceptional demand" over the…