News

The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

Diageo hit by emerging markets slowdown

Drinks giant announced plans to cut costs by £200m as Chinese sales decline

Market Report: Buying Beam was likely not on the to-do list. Now it should be

Following a run of M&A activity, booze experts yesterday declared drinks giant Diageo is ready to pour itself into the mix for US spirits group Beam.

Vivian Imerman eyes Whyte & Mackay acquisition as Diageo agrees to sell over competition concerns

Vivian Imerman, the man from Del Monte, has said he would be keen to buy Scotch whisky brand Whyte & Mackay from Diageo, after the drinks giant said it would sell the company to satisfy an Office for Fair Trading investigation.

Diageo offers to sell Whyte & Mackay to dispel competition concerns

Diageo has offered to sell the bulk of the business with the exception of the Dalmore and Tamnavulin distilleries

Market Report: Brazilian talks add to Glencore’s allure

Commodity and mining giant Glencore Xstrata is constantly on the lookout for new assets to add to its coffers and the City bought into news yesterday it was in talks with Brazil’s Vale over a nickel mine joint venture.

Market Report: Unilever troubles hit consumer firms

A slowdown in the once lucrative emerging markets business of Unilever dragged the rest of the consumer goods sector down with it yesterday as punters took fright.

Diageo began the celebration in 2009

Irish minister pours cold water on Diageo's drinks celebration

Alex White says the firm has 'invented Arthur’s Day' as a 'pseudo-national holiday'

Jim Armitage: Raising a glass to the king of the deal makers

Outlook Time for a final toast to Diageo's Paul Walsh. You may not have liked his penchant for big-game hunting in Africa, or that elephant-sized £18m pay-off, but his palate for a right-priced deal was second to none. Few chief executives, bar perhaps Sir Chris Gent at Vodafone, have so framed the shape of a major British business today with clever deal making.

The Business Matrix: Monday 16 September 2013

Fashion Week star Kane's shop slot

Cheers Diageo! Walsh walks off with £46m retirement

The former chief executive of Diageo had amassed a shares and pension retirement fund of more than £46m when he stepped down this summer.

Sony pulls out as sponsor of radio awards after 32 years

Technology firm Sony has pulled out of the annual radio awards after more than three decades sponsoring the event.

Diageo’s luxury brands mask Guinness slump

Britons are splashing out on upmarket spirits like Ciroc vodka — a favoured tipple of Prince Harry — even as Guinness sales struggle, the world’s biggest drinks company said today.

Diageo deal opens route to growing Indian market

Diageo's new chief executive, less than a week into the job, was yesterday toasting the drinks giant's success in taking a controlling stake in the Indian tycoon Vijay Mallya's United Spirits group.

The victor, Gareth Evans (left) with writer Samuel Muston

Bottoms up at the mile-high cocktail contest

Contenders for the Diageo World Class Bartender contest had an added challenge this year: to shake up a drink that still tasted good in mid-air. Samuel Muston joined them on board.

From Smirnoff to strawberries: Walsh lands new role has Compass chairmanship on the menu

Paul Walsh, the mastermind behind the global expansion of the Smirnoff and Johnnie Walker maker Diageo, is expected to take the chair at the caterer Compass as he retires from the drinks giant next year.

Voices
voices
Life and Style
Upright, everything’s all right (to a point): remaining on one’s feet has its health benefits – though in moderation
HealthIf sitting is bad for your health, what happens when you stay on your feet for a whole month?
Arts and Entertainment
Peter Griffin holds forth in The Simpsons Family Guy crossover episode
arts + ents
Sport
Laura Trott with her gold
Commonwealth GamesJust 48 hours earlier cyclist was under the care of a doctor
Arts and Entertainment
Gal Gadot as Wonder Woman
arts + entsFilmmaker posted a picture of Israeli actress Gal Gadot on Twitter
News
Bryan had a bracelet given to him by his late father stolen during the raid
people
Arts and Entertainment
Chris Pratt stars in Guardians of the Galaxy
arts + ents
Arts and Entertainment
Pedro Pascal gives a weird look at the camera in the blooper reel
arts + entsPrince Oberyn nearly sets himself on fire with a flaming torch
News
Danny Nickerson, 6, has received 15,000 cards and presents from well-wishers around the world
newsDanny loves to see his name on paper, so his mother put out a request for cards - it went viral
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried