The Latest Breaking News from Diageo

If history is any guide, there may be trouble ahead for shares of Diageo (NYSE:DEO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

The positions range from distilling to engineering, with a graduate scheme focused on data science

Dublin City Council has approved plans by Diageo Ireland to construct six new processing tanks in a new two-storey extension

The voluntary code requires companies to pay 95% of invoices to small suppliers within 30 days

Passengers coming in and out of the busy airport can enjoy a wide range of beers and ciders

Diageo, the London-based drinks giant behind Guinness, said it will open the new venue at Old Brewer’s Yard in Covent Garden in Autumn 2023.

Net sales of Dublin's most popular drink grew by over 76%

There's a theory out there, strange as it may seem, that lipstick sales rise in recessions. There is some evidence to show that this might be true - L'Oreal (OTC: LRLCF) showed rising sales, by 5%, in the 2008 recession. This has been dressed up itself into "The Lipstick Effect". 

Diageo, the FTSE 100 drinks giant, has reported soaring sales and profits thanks to the reopening of bars and restaurants around the world drives.

Rolling coverage of the latest economic and financial news

Even though alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants last year and growing demand for premium drinks have been helping alcoholic beverage companies generate rising sales. So, alcoholic beverage producers Diageo (DEO) and Constellation Brands (STZ) should benefit. But which of these two…