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The Latest Breaking News from Diageo

Struggling drinks giant Diageo snaps up former Tesco boss for top role

Sir Dave Lewis will take the helm at Diageo on January 1

The Independent UK

Guinness maker Diageo hires former Tesco boss for top job

Sir Dave Lewis will take the helm at Diageo on January 1, replacing interim chief executive Nik Jhangiani.

Evening Standard

FTSE 100 Live 10 November: Diageo surges on CEO hire, index lifted by US optimism

Diageo shares today surged after the drinks giant named former Tesco boss Dave Lewis as its new chief executive.

Evening Standard

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FTSE 100 slips amid Bank of England rate hold and fresh US falls

The FTSE 100 Index closed down 41.30 points at 9,735.78.

Evening Standard

Drinks giant Diageo flags weaker demand from US and Chinese consumers

In the US, where it generates the most sales, consumer spending was more cautious than it was expecting, leading to a tougher market for spirits.

Evening Standard

LeBron James Pulls A Snoop Dogg: Retirement Buzz Turns Into Booze Partnership

NBA superstar LeBron James teased "the decision of all decisions" to be announced Oct. 7, 2025. While speculation grew that he might announce his decision to retire after the upcoming NBA season, it turned out that his decision was just a strategic advertising campaign.

Benzinga

3 High-Yields at 52-Week Lows: Buy, Sell, or Hold

High-quality dividend stocks trading near long-term lows offer value and yield, but they also come with risks, including the potential for dividend cuts.

MarketBeat

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Locals oppose Scotch whisky giant’s plans to demolish world famous distillery

SCOTCH whisky giant Diageo is facing opposition from 50 residents over its plans to demolish the Talisker Distillery in Skye ...

The National (Scotland)

Revealed: how the whisky industry fought off pollution controls

INTENSE behind-the-scenes lobbying by the multinational whisky industry forced the Scottish Government’s green watchdog to back down on plans to…

The National (Scotland)

Crown Royal dethroned in Canada as whisky company shifts some operations to US

Owners of top Canadian whisky company spark backlash after plan to close one of its plants in Ontario and shift bottling operations south amid US-Canada tariff war

The Guardian - US

Sabrina Carpenter becomes new face of major Scotch whisky brand

Global superstar Sabrina Carpenter is set to become the new face of a major Scotch whisky brand ...

The National (Scotland)

8 Celebrities Who Secretly Own the Companies You Love

When most people think of celebrities, they picture red carpets, blockbuster movies, and hit records. But many stars have taken their fame and fortune into the business world—often in surprising ways. From beverage brands to tech startups, some of the companies you buy from regularly may actually be owned by…

Plunged in Debt

‘I’m proud to have made this stand’: over-60s arrested at Palestine Action ban protest explain their decision

From a retired British colonel to a Catholic priest, half of the 532 people arrested in Parliament Square were 60 or older. Many believe they had a greater share of responsibility to take in defending the right to free speech

The Guardian - UK

Health experts urge ban on school materials backed by food, drink and gambling firms

Exclusive: Education secretary told sponsored resources misrepresent evidence about diets, alcohol and betting

The Guardian - UK

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Evening Standard

Blue chips in favour ahead of likely Bank of England interest rates cut

The FTSE 100 index closed up 21.58 points, 0.2%, at 9,164.31.

Evening Standard

BP fuels FTSE 100 but soft US data tempers gains

The FTSE 100 Index closed up 14.43 points at 9,142.73.

International Business Times

Guinness Owner Diageo Ups Savings As US Tariffs Hit

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its cost-savings targets as US tariffs hit.

The Guardian - UK

Guinness owner Diageo’s profits slump as it warns of $200m Trump tariff hit

British drinks firm, which is searching for new CEO, expands cost-cutting plan

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The Independent UK

Who are the biggest buyers of Russian oil?

U.S. President Donald Trump is urging China and India to stop buying oil from Russia

The Guardian - UK

Drone that crossed into Lithuania from Belarus represents ‘alarming sign of spillover of Russia’s aggression’, says Lithuanian minister – as it happened

Lithuanian foreign minister Kęstutis Budrys says drone, which authorities say was carrying explosives, shows incidents crossing ‘onto Nato territory’

Evening Standard

Diageo eyes £625m in cost savings after profits tumble

The interim boss of the spirits giant admitted ‘some’ jobs are likely to be affected by the three-year cost saving programme.

The Independent UK

Guinness is helping Wetherspoons thrive — so why is its own parent company struggling?

BUSINESS COMMENT: Analysis: Guinness maker Diageo has been on a downward curve for three years. Now a new CEO faces a big turnaround task, writes Karl Matchett

The Independent UK

Business news live: Diageo profits drop and BP faces shareholder pressure as Neil Woodford and firm fined £46m

Stock market news and latest business and finance updates from Tuesday

Evening Standard

Guinness sales in focus as Diageo updates market after boss’s exit

Diageo is expected to reveal a drop in profits for the past year when it unveils its latest finances on Tuesday.

The Guardian - UK

Debra Crew couldn’t shift Diageo’s post-Covid hangover

The firm still has the potential to be great again, but her long-term vision felt too blurry

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