News

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

AB InBev to regain control of South Korea's Oriental Brewery

Anheuser-Busch InBev, the world’s biggest brewer, is buying back the South Korean brewery it sold to private equity in 2009

SABMiller chairman Graham Mackay dies aged 64

Graham Mackay, the man credited for turning SABMiller into the world’s second-largest brewer, died this morning at the age of 64.

Gangsta cat has to go. Are you ready, polar bears?

More news in the regular soap opera that is my family of cats. Regular readers will remember I adopted a gangsta' cat who had been shot in the mean streets of the Cheltenham hood. We named him Captain Kangaroo and despite him showing gang boss-like tendencies towards our other animals we presumed he'd eventually settle down. But then, two months ago, our other two cats disappeared and having searched high and low we presumed that they had been the victims of a gangland "hit" and were sadly never going to be seen again. Captain Kangaroo was now the undisputed "Cato di tutti Cati" – there was very little we could do but accept the situation.

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

Strong demand for unpasteurised tank beer boosts Miller Brands sales in the first half

Sales of its Czech Pilsner Urquell brand jumped 17 per cent in the first half

I want your job: Master brewer

Being paid to drink beer? Well, yes, but there's so much more science to being a brewer than that

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.

Sara Barton runs the Brewster's Brewing Company in Grantham

Return of the 'brewsters': New beer drinking 'sisterhood' helping to stimulate thriving real ale market

Women are rising through the ranks at some of Britain's biggest breweries as well as opening new ones

The Olive Branch pub in Clipsham, Rutland, has been named Pub of the Year

The great bar brawl: Rivals clash over ‘bad pub’ closures

Good Beer Guide gets in a froth as rival Good Pub Guide says that 4,000 hostelries deserve to shut

The Business Matrix: Friday 23 August 2013

SABMiller pulls out stops in Africa

Redwell’s beer with a can of the legal aggressor’s Red Bull

A tip for breaking into the market? Get Red Bull lawyers on your case

The energy drink giant has done Redwell a favour with threats of legal action

James Ashton: Rentokil is still not sprung from its trap

Outlook Whenever Rentokil Initial says it is doing better, I smell a rat. This is a company that has flattered to deceive for as long as I have been writing about it. A glance at yesterday's figures shows that underlying revenues are falling, it is enduring tough times in Europe, and it is trying to put in place a more efficient country-by-country operating model. So what's changed?

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.

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.

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Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
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Pompeii, Capri and the Bay of Naples - seven nights from £799pp
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Mary Rose – two nights from £319pp
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
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11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone