News

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

Diageo's sales reflect European economies

The drinks giant Diageo hailed its performance in emerging markets yesterday after profits rose despite sales of Guinness falling again in Europe.

Market Report: Investors take a flutter on Bwin.party bid talk

Takeover talk was on the cards for Bwin.party yesterday, as investors mulled over whether to take a gamble on the online gaming group after rumours emerged it could be in line for an approach from the US.

Diageo funds midwives campaign

Drinks giant Diageo is to pay for 10,000 midwives to be trained in highlighting to pregnant women the dangers of drinking alcohol, it was announced today.

Diageo buys out SAB in Kenya

Diageo has agreed to buy out SABMiller's 20 per cent stake in its Kenyan unit for 19.5bn Kenyan shillings (£137m) through its East African Breweries unit.

Diageo chief signals job cuts

Thousands of staff at the drinks manufacturer Diageo are concerned about their jobs following a warning from the company behind Guinness that it is planning a major restructuring.

Diageo acquires Turkish spirits major for £1.3bn

The drinks giant Diageo is to acquire Turkey's biggest spirits company for £1.3bn, reinforcing its strategy of targeting fast-growing emerging markets. Diageo is buying Mey Icki from the private equity firms TPG Capital and Actera and said the deal would be earnings enhancing in the first year. Mey Icki, which has 70 per cent of the spirits market in Turkey, is the country's biggest maker of vodka through its Binboa and Istanblue brands.

Investment Column: Diageo's crying into its Johnnie Walker

Hargreaves Lansdown; Mondi

Alcohol sale reform 'won't resolve binge-drinking'

The Government's watered-down plans to ban the sale of alcohol below cost price will not resolve the problem of binge-drinking, campaigners said today.

Margareta Pagano: Attack-dog Blanchflower needs leashing

The TV and radio soundbites are too short to give the proper context to Professor David Blanchflower's inflammatory outpourings against Mervyn King, the Governor of the Bank of England. But considering the extreme nature of Blanchflower's criticism, calling for King's head after his comments about David Cameron and George Osborne were disclosed on WikiLeaks, it's important that we should put his comments into the right framework.

Diageo chief pockets £6m

Paul Walsh, the chief executive of the world's biggest spirits group Diageo, saw his annual pay packet jump 72 per cent to more than £6m last year despite sluggish sales and profits growth at the world's biggest spirits group.

Letters: Hawking and God

Science, faith and Hawking

Johnnie Walker popularity helps Diageo to toast profits

Diageo, the world's largest maker of spirits, forecast better profits in the year ahead after suffering a performance hangover in North America and Europe in its latest results.

James Moore: There's no excuse for 70 companies to report interims at the last minute

Outlook Just in case you missed it, yesterday was super Thursday in the City of London, not that there's really anything really super about it. The day acquired that nickname in and around the Square Mile because more than 70 companies all chose to put out their interim results on it.

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Finding the names for America’s shame

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The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

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Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
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Make your own ice lollies and frozen yoghurt

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Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

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Will Britons fighting in Syria be able to resume their lives?

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