Laura Chesters

Laura Chesters is a business reporter and covers the consumer, food, drink and luxury goods sectors on the business desk at The London Evening Standard, i, The Independent and The Independent on Sunday

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Diageo swaps tequila for whiskey in $1bn deal

Sean ‘P. Diddy’ Combs has a joint-venture with Diageo for DeLeón

Numbers of workers paid less than Living Wage on the rise with women and students hit hardest

A Living Wage has been raised to £7.85 nationwide, but is not statutory

AB InBev hit by decline in beer sales in Russia and China

Shares in AB InBev, the world’s biggest brewer, fell three per cent in early trading after it missed profit target citing trouble in Ukraine and a chilly late summer in China.

DiamondCorp warns over diamond prices as strike continues

Development delays caused by strikes at a diamond mine that provides stones to luxury jeweller Tiffany continued today as the miner warned prices have weakened.

Unilever disappoints on emerging markets slowdown

Unilever generates more than half of its sales in emerging markets

Market Report: Has Tesco hit bottom? Some think so

Tesco is still swamped by news about its investigation into its £250m black hole but punters put it on their shopping list yesterday as some hoped the supermarket giant had hit the bottom.

Jimmy Choo floats in London at bottom of the range amid market turmoil

The company listed its shares at 140p valuing the group at £545.6 million

Market Report: Marks & Spencer - the one retailer still worth buying

Retailers have been unpopular with punters as the supermarkets struggle and Tesco tanks, while Next warns that the warm weather could hit sales. But the chaps at Morgan Stanley claim there is one retailer still worth buying: Marks & Spencer.

Nestlé and Diageo sales hit by Chinese slowdown

Weak demand in China continues to take a heavy toll on consumer goods giants Nestlé and Diageo as they reported disappointing sales today.

Bond Street in £20 million makeover as London seeks to compete with Paris and Hong Kong for rich shoppers

London's richest street will undergo a £20 million overhaul to compete with the major luxury shopping districts of New York, Paris and Hong Kong.

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Day In a Page

Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

Can’t wait for the new round of blockbusters due out this autumn? We played through last year’s offering
Transfer window: Ten things we learnt

Ten things we learnt from the transfer window

Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent