Drinks

Asda Budget Red Wine Awarded 'Best In Show' At Wine Awards

Asda's La Moneda Reserva Malbec, from Central Chile, was awarded this year's Best in Show in the 'Single-Varietal Red Under £15' category at the Deca...

Wine Is Spain's Most-Sold Alcohol Drink: Nielsen

Wine is the most sold alcohol drink in Spain and the most sold drink after water, according to Nielsen's study, Market Trends. Sparkling wine sales...

Diageo’s Kenyan Subsidiary Appoints Cowan As Managing Director

Diageo Plc’s Kenyan unit appointed Andrew Cowan as its new managing director, replacing Charles Ireland who will swap roles with his successor. Co...

Remy Cointreau Forecasts Higher Profit As Cognac Sales Rebound

Remy Cointreau SA forecast higher profit after earnings rose at the fastest pace in three years as a slump in cognac ended. Full-year operating profit r...

AB InBev’s SABMiller Purchase Said To Near Chinese Approval

Anheuser-Busch InBev NV’s $100-billion-plus acquisition of SABMiller Plc is closing in on getting approved by China’s Ministry of Commerce afte...

AB InBev Sweetens Offer To South African Union To Help SAB Deal

Anheuser-Busch InBev NV proposed enhancing a South African employee-share program after a local union threatened to protest regulatory consent of its takeo...

Coke Bottler Daurella Shows Room At The Top For Spanish Women

Sol Daurella has been in training for her new job as chairwoman of Coca-Cola European Partners Plc, the biggest independent bottler of the drink, her whole...

AB InBev-SABMiller Said Near U.S. Nod Amid Craft-Brewer Fears

The U.S. Justice Department is poised to approve Anheuser-Busch InBev NV’s takeover of SABMiller Plc in an agreement that may require concessions to...