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The Latest Breaking News from Diageo

Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America

Spirits and beer giant Diageo saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits

The Independent UK

Drop in Latin American drinking prompts Diageo to issue profits warning

Shares fall in world’s largest spririts company as consumers seek cheaper brands

The Guardian - UK

More than £15 billion wiped from European drinks makers after Diageo profit warning

More than £15 billion was wiped from the market value of Europe’s biggest drinks makers today after Diageo warned of a sudden slump in demand for its spirits.

Evening Standard

From analysis to the latest developments in health,
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FTSE 100 Live: Index closes down 1.3% as Diageo tumbles, GDP flat in third quarter

The FTSE 100 is trading higher today, after a sharp fall of almost 100 points to finish last week.

Evening Standard

As Late Night Shows Remain On Hiatus, Stephen Colbert And Jimmy Fallon Are Teaming With Other Hosts For Project With Awesome Cause

Fans can't watch new late night, but Stephen Colbert, Jimmy Fallon and more hosts are teaming for a sweet new project with a great cause.

Cinemablend

Americans aren't binge-spending on drinking anymore as high-end liquor sales wane on post-pandemic life returning to normal

Top shelf gets a bit too high-priced.

Fortune

Diageo UK chief slams alcohol duty changes

“What we see is alcohol duty going up at a time that consumers are looking for relief on prices”

Evening Standard

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FTSE 100 Live: Shares slip, Nationwide house prices down, BP profits fall but dividend up

Shareholders of BP, HSBC and Diageo can expect more big dividends after the trio of FTSE 100 heavyweights posted results today.

Evening Standard

Attorney general and close family hold £130,000 in shares in six FTSE 100 firms

Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interest

The Guardian - UK

Sean "Diddy" Combs' dispute with Diageo deepens as court unseals business details

Rapper and entrepreneur Sean “Diddy” Combs is asking the New York Supreme Court to enforce a 2021 agreement that requires Diageo to treat his DeLeon tequila brand “at least as favorably” as its other tequila brands

The Independent UK

Guinness Quarter greenlit with hotels, offices and residential buildings up to 16 storeys

The development has been called "one of the most exiting regeneration schemes in Europe"

Dublin Live

Drinks giant Diageo ends ‘broken’ relationship with Sean ‘Diddy’ Combs, accusing him of ‘refusing to honor his commitments’

The rapper recently filed a lawsuit alleging Diageo discriminated against his vodka and tequila brands because he is Black.

Fortune

Biden administration mulling new restrictions on AI chip exports to China, report says

The Wall Street Journal is reporting that Washington is looking to further restrict the exports of artificial intelligence chips to China. The United States is concerned that Beijing could use American-made technology to develop weapons or increase its hacking abilities. Also in this edition: UK food retailers face tough questions…

France 24

Guinness owner Diageo ending relationship with Sean 'Diddy' Combs as rapper accuses the firm of racism

“Diageo has typecast Ciroc and DeLeon, apparently deciding they are ‘black brands’ that should be targeted only to ‘urban’ consumers.”

Irish Mirror

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The Hindu

Great Indian Bustard: A whisky brand aims to save the critically-endangered bird

Diageo India’s Godawan 100 and conservation of the critically endangered Great Indian Bustard

Liverpool Echo

Liverpool man's gimmick saw 'thousands of beer bottles' dropped in the ocean

Arthur Fawcett was famed for a number of innovations

Irish Mirror

Warning issued as Guinness WhatsApp scam continues to do the rounds ahead of Father's Day

As tempting as a free mini-fridge of Guinness might be - in this case it's too good to be true

Dublin Live

Guinness maker's warning over WhatsApp scam that offers 'fridge full of beer' for Father's Day

The offer of a free mini-fridge of Guinness is tempting for many fans, but unfortunately it's too good to be true

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news in one place.

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Evening Standard

Warning over Guinness mini fridge giveaway scam on WhatsApp

Diageo, maker of Guinness, have confirmed that the messages about a Father’s Day giveaway were not legitimate

The Guardian - UK

Diageo boss Ivan Menezes dies aged 63 after short illness

Menezes ‘built extraordinary legacy’ during his decade as chief executive, says chair of £75bn drinks firm

Evening Standard

Raise a glass to Sir Ivan Menezes, a captain of industry

City Comment: At a time when business leadership is in the news for the wrong reasons, it’s worth reflecting that we’re still blessed with some world class bosses

Evening Standard

Diageo’s CEO Sir Ivan Menezes dies after complications from surgery

One of the FTSE 100’s longest-serving leaders, Sir Ivan was 63

The Guardian - UK

Heathrow security guards to strike from 24 June, says Unite; UK house prices ‘in first annual fall since 2012’ – as it happened

Heathrow security guards announce strikes over summer, UK house prices record their first annual fall in over a decade

Insider UK

Diageo chief executive Ivan Menezes dies

He had been due to retire at the end of the month, following a decade leading the group

The National (Scotland)

Scotch whisky chief setback after surgery

SCOTCH whisky giant Diageo has appointed its incoming chief executive to the role ahead of schedule after current boss Sir Ivan Menezes suffered a…

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