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Results for "Diageo"

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BusinessDaily Nation1mo ago

Judiciary Intervenes in EABL-Asahi Deal Dispute

The judiciary has stepped in as multiple lawsuits are filed against the proposed EABL-Asahi deal. The dispute primarily centers on Diageo's intention to sell its entire 65 percent stake in East African Breweries Limited (EABL).

Diageo Reports Unexpected Sales Growth
BusinessFTThe Independent3mo ago2 sources

Diageo Reports Unexpected Sales Growth

Drinks giant Diageo announced an unexpected boost in sales, driven by strong demand for brands like Guinness and consumers stocking up ahead of the World Cup. This growth helped offset some weakness in the US market.

Chinese National Jailed for Smuggling Ants from Kenya
PoliticsBBCThe GuardianCNN+9dr-dkn1-serbiastraits-timesklix-bahk-free-pressDaily Nationstandard-kenyastar-kenya+1 more4mo ago12 sources

Chinese National Jailed for Smuggling Ants from Kenya

A Chinese national has been sentenced to one year in prison and fined for attempting to smuggle over 2,000 live ants out of Kenya.

Diageo Announces $1 Billion Cost-Cutting Plan to Boost Growth
BusinessFTThe Guardiancnbc+3The IndependentYahoola-vanguardia19d ago6 sources

Diageo Announces $1 Billion Cost-Cutting Plan to Boost Growth

Diageo, the world's largest spirits maker, unveiled a $1 billion cost-cutting plan aimed at driving growth and improving its financial performance. Following the announcement, the company's shares saw a significant bounce.

Diageo Sells Closed Canada Bottling Site
BusinessYahoo1mo ago

Diageo Sells Closed Canada Bottling Site

Diageo, a global beverage company, has successfully found a buyer for its previously closed bottling facility located in Canada. This transaction marks a step in the company's asset management strategy.

Diageo Ireland Informs Government of Potential Job Cuts
Politicsrte-news2mo ago

Diageo Ireland Informs Government of Potential Job Cuts

Guinness parent company Diageo has informed the Irish Government about potential job cuts within its operations in Ireland. The details regarding the number of affected positions or specific departments were not immediately disclosed.

Diageo Stock Experiences Continued Decline
FinanceYahoo3mo ago

Diageo Stock Experiences Continued Decline

Shares of Diageo, the multinational beverage company, have continued to fall, prompting investors to seek understanding of the underlying factors impacting its market performance.

Former Diageo workers speak out on deal that keeps Crown Royal on shelves
Businesscbc5mo ago

Former Diageo workers speak out on deal that keeps Crown Royal on shelves

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.

Diageo Reports H1 Earnings
BusinessYahoo6mo ago

Diageo Reports H1 Earnings

Diageo held its H1 earnings call, providing highlights of its financial performance for the first half of the fiscal year.

Diageo Cuts 2,000 Jobs to Meet Cost-Cutting Goals
BusinessFTseeking-alpha7d ago2 sources

Diageo Cuts 2,000 Jobs to Meet Cost-Cutting Goals

Diageo has reduced its workforce by approximately 2,000 employees in 2026 as part of a restructuring effort led by CEO Dave Lewis to achieve cost-cutting objectives. The company aims to streamline operations and improve efficiency.

Ebola Outbreak in DRC Complicated by Conflict, WHO Chief Says
HealthThe Guardiancbcruv+21svenska-dagbladetFrance 24rzeczpospolitapublicoaktuality-skla-vanguardiahindustan-timesstraits-times+13 more2mo ago24 sources

Ebola Outbreak in DRC Complicated by Conflict, WHO Chief Says

The head of the World Health Organization (WHO) stated that the Ebola outbreak in the Democratic Republic of Congo is being complicated by ongoing conflict and insecurity, despite efforts to scale up testing and identify treatments. An Italian doctor who had contact with Ebola patients was admitted to a Rome hospital.

Greek Political Turmoil: PASOK Attacks Government Over OPEKEPE and Wiretaps, Mitsotakis to Address Case, Tsipras Seeks Reapproachment
PoliticsReutersle-mondeThe Guardian+12orfdigi24aktuality-skhindustan-timesiefimeridaklix-banaftemporikinewsbeast+4 more4mo ago15 sources

Greek Political Turmoil: PASOK Attacks Government Over OPEKEPE and Wiretaps, Mitsotakis to Address Case, Tsipras Seeks Reapproachment

PASOK is escalating attacks against the Greek government over wiretaps and the OPEKEPE case, with Prime Minister Mitsotakis scheduled to deliver a televised message addressing the OPEKEPE affair. Meanwhile, scenarios of early elections are prompting Alexis Tsipras to seek reapproachment with former party members to strengthen his electoral base.

Pepsi Withdraws Sponsorship from UK Festival Over Kanye West Headlining
CultureNYTwsjberlingske+13svenska-dagbladetmorgunbladidobservadorvarietyhollywood-reporterindian-expressstraits-timesrolling-stone+5 more4mo ago16 sources

Pepsi Withdraws Sponsorship from UK Festival Over Kanye West Headlining

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 Slashes Dividend and Forecasts Amid Weak Demand
BusinessThe Guardianseeking-alpha6mo ago2 sources

Diageo Slashes Dividend and Forecasts Amid Weak Demand

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.