News

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

Britvic withdrawal blow may cost it £5m

Britvic's withdrawal of its popular Robinsons Fruit Shoot and Fruit Shoot Hydro children's drinks will cost it up £5m.

The global march of the 'Mexipops' continues

Let's call them "Mexipops": Mexican-style light lagers, served in clear glass bottles with a slice of lime.

SABMiller breaks rules in shake-up

The brewing giant SABMiller flouted corporate governance rules yesterday as it announced a major management shake-up which will see its chief executive, Graham Mackay, 62, move up to become chairman.

CVC selling StarBevto Molson Coors

Molson Coors, the US brewing giant, is to acquire StarBev, a central and east European brewer, from its private equity owner CVC in a deal worth €2.65bn (£2.2bn).

Staropramen set to fall to Japanese Asahi in $3bn takeover

The British private equity giant CVC Capital Partners is in the final stages of selling the Staropramen Czech lager business to Japan's Asahi for $3bn (£1.87bn).

The rice being shaken after it has been washed ready for steaming at the Urakasumi Sake Brewery in Shiogama, Miyagi

Sake's comeback symbolises Japan's recovery

One year on, the drink is the spirit of a nation's recovery from the tsunami

Diageo rejig fuels talk Walsh may head for exit

Diageo, the drinks giant behind Guinness and Smirnoff, has promoted Ivan Menezes to chief operating officer, fuelling speculation that its chief executive Paul Walsh may be edging towards the end of his Diageo career.

Cornwall hopes to join premier cru

An award-winning Cornwall vineyard has become the first in the UK to apply for protected status for one of its wines.

The 10 Best Bottled Beers

1. Pitfield 1850 London Porter

Home of Guinness to produce lager

James Joyce will be spinning in his grave – Dublin's historic St James's Gate brewery, home of the author's famously beloved Guinness, is to start brewing fizzy foreign lagers like Budweiser and Carlsberg.

James Ashton: Time to take risks to make sure women have a real presence in the boardroom

Appointing a woman to a boardroom job used to be seen as a risk in the male-dominated business world. What a turnaround we have seen in the past 12 months. Now, failing to pick a woman when a vacancy arises is the risk that blue-chip chairmen are faced with.

Greene King hungry for more food sales as profits rise

Greene King, the pub and brewing group, insisted it has plenty of growth to shoot for in the eating-out market and by making further acquisitions after it toasted a rise in interim profits.

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