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The Latest Breaking News from Diageo

London stocks dip after UK economy contracts

London’s top flight finished 11.43 points, or 0.14%, lower to end the day at 8,300.33.

Evening Standard

Guinness rations supply to British pubs as popularity soars with gen Z

Brand’s owner, Diageo, facing pressures as newfound appreciation for drink creates extraordinary demand

The Guardian - UK

Diageo is capping U.K. Guinness supply because it's too popular

Guinness sales have defied the beer market, thanks to its huge popularity among new demographics and on social media. But the stout's supply can't keep up.

Fortune

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Surge in Guinness demand as pubs clamber for kegs ahead of Christmas

Diageo, the multinational drinks firm that owns Guinness said it had seen “exceptional consumer demand” over the past month

The Independent UK

Sean 'Diddy' Combs Defends Against Racism Allegations In Court

Sean 'Diddy' Combs' defense team argues racism in sex trafficking case, seeks bail. Prosecutors cite history of obstruction and violence.

Top News

There’s more to whisky than scotch and bourbon

So-called world whiskies are navigating the choppy waters of the market with varying success

The Guardian - UK

FTSE 100 drops to two-month low as bond yields rise after Budget

The FTSE 100 finished 59.98 points, or 0.73%, lower to end the day at 8,159.63.

Evening Standard

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Ryan Reynolds' $14 Billion Portfolio Is a Mixed Bag but That’s Okay, Says “I Wouldn't Characterize Myself as an Entrepreneur”

Ryan Reynolds has become more than just a Hollywood A-lister; he's also ventured into the world of investing with a series of high-profile business moves. From selling two companies for billions to owning a Welsh football club, Reynolds appears to have the Midas touch. However, a closer examination reveals that...

Barchart

Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham history

Reynolds and McElhenney now have a majority stake

The Independent UK

Johnnie Walker building on the market for offers over £31 million

THE iconic Edinburgh building which houses Diageo's Johnnie Walker experience is for sale, seeking offers of more than £31.58 million.

The National (Scotland)

Meet 9 CFOs from the Fortune 500 poised to make the jump to CEO

A seasoned executive recruiting expert identifies potential chief executives.

Fortune

Diageo plans to 'demolish' Scottish island's oldest whisky distillery

A SCOTTISH island's oldest whisky distillery faces demolition after its owners submitted a planning application to "expand output" on the…

The National (Scotland)

Industry-backed apps designed to cut drinking ‘mislead users’, researchers warn

The use of features which aim to manipulate and influence consumers for their own interests was uncovered.

The Independent UK

Scottish port unveils £25 million cranes in 'biggest-ever' investment

A SCOTTISH port has officially unveiled its new £25 million ship-to-shore cranes at a ceremony, with bosses calling it the biggest-ever investment…

The National (Scotland)

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The National (Scotland)

Investigation into 'pollution incident' at Scottish distillery concludes

AN INVESTIGATION by an environmental watchdog which found a “leak” at a distillery on the Black Isle after the report of a pollution incident at…

Fortune

Spirits giant Diageo unveils the 'world's lightest whisky glass bottle,' a step toward cost and energy savings for luxury liquor

The new Johnnie Walker bottle weighs almost five times less than its current offering.

Evening Standard

The Devonshire in Soho becomes the UK's first pub to serve Guinness 0.0 on tap

The pub’s landlord, Oisín Rogers, claims the kegged version is “far superior” to that served in cans

Barchart

Diageo Hits 35th 52-Week Low: It’s Time to Buy Despite Sales Decline

Diageo was one of 21 NYSE stocks hitting a 52-week low Tuesday. Despite reporting its first annual sales decline since 2020, it’s time to buy stock in the maker of Johnnie Walker, Captain Morgan, and Guinness.

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The Guardian - UK

Diageo needs to raise shareholder spirits – and fast

After cruising at the top end of the 100 FTSE index, the company’s reputation has taken a turn for the worse

Evening Standard

FTSE 100 Live 30 July: Shares finish lower, Meta pays $1.4 billion in Texas lawsuit, Diageo stock slides

Pressure on Diageo shares continued today after the drinks giant’s annual sales fell for the first time since 2020.

Fortune

Johnnie Walker maker Diageo sees first sales drop since the pandemic—but Guinness and ready-made cocktails save the day

Diageo’s CEO Debra Crew said that despite pockets of weakness, the “merit of our portfolio is that we really do have very broad options for the consumer.”

The Guardian - UK

Diageo hit by first post-Covid sales fall but Guinness soars in Great Britain

Drinks company says global sales of non-alcoholic version of its stout more than doubled, with beer up 18% overall

Evening Standard

Billions wiped from Diageo market cap as shares tank on weak Latin America sales

Sales of Ciroc vodka fell by more than a quarter

Top News

Former 2 Live Crew Rapper Uncle Luke Defends Sean Diddy

Former rapper Uncle Luke defends Diddy amid legal troubles, hinting at a conspiracy theory involving past disputes with Diageo. Diddy's homes raided by fed...

The Guardian - US

He was a hip-hop legend. Now, abuse allegations engulf Sean ‘Diddy’ Combs

Lawsuits and federal raids marred his anticipated comeback, with one of America’s biggest music powerhouses falling to inquiries of sex-trafficking and sexual abuse

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