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The Latest Breaking News from Diageo

Anheuser-Busch, Booze Stocks Hit By Surgeon General's Warning On Alcohol Link To Cancer

BUD stock and industry peers are falling after the Surgeon General warned that alcohol consumption is linked to seven types of cancer.

Investors Business Daily

Social stigma still overshadows 0.0 drinks for Gen Z, even as Diageo, Heineken, and AB InBev bet big on alcohol-free options

“Alcohol has played a central role in the way humans socialize," making it harder to cut the habit out, Oxford University's Charles Spence said.

Fortune

Great Guinness heist: thieves stole truck carrying 35,000 pints

Revealed: lorry with 400 kegs of the Irish stout onboard disappeared from Northamptonshire depot, sources say

The Guardian - UK

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Sean ‘Diddy’ Combs’ shrinking net worth—from billionaire to jail inmate

Legal bills and settlements have severely diminished the entertainment mogul’s fortune, and could one day push him into bankruptcy.

Fortune

Guinness raids its Irish reserves to ease UK shortages amid gen Z demand

Diageo also reportedly puts shipments for North America on standby for potential diversion to keep up with thirst

The Guardian - UK

Sean ‘Diddy’ Combs’ gin range could be sold

As his sex trafficking case looms, Sean ‘Diddy’ Combs’ gin range could be sold.

BANG Premier

FTSE slumps as Bank of England holds interest rates

The FTSE 100 finished 93.79 points, or 1.14%, lower to end the day at 8,105.32.

The Independent UK

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Diageo fined £537k after worker suffers severe burns at Scottish distillery

WHISKY giant Diageo has been fined more than half a million pounds after a worker suffered severe burns at a Scottish distillery.

The National (Scotland)

Irish drinkers on British shortages: ‘Guinness must keep flowing here’

‘It’s trendy now to appreciate the Irish things,’ one Guinness drinker in Dublin said.

The Independent UK

Why are pubs running out of Guinness? It's complicated — but here are the places with plenty left

Guinness claims to be limiting British supply, and a few pubs are said to have “run out” — but not all. Here’s where to go for a pint of the black stuff

Evening Standard

Black Day? Guinness Runs Dry In UK Pubs Amid Online Craze

At her London pub, landlady Kate Davidson has taken to issuing Guinness ration cards, but still the beer has run out amid a UK shortage of Ireland's national drink.

International Business Times

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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The Independent UK

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

Top News

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.

The Guardian - UK

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 Street

Guinness parent makes major investment in a surprising market

Guinness's parent company wants to dominate a new lucrative beverage category.

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Evening Standard

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.

Barchart

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...

The Independent UK

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

Reynolds and McElhenney now have a majority stake

The National (Scotland)

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.

Fortune

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

A seasoned executive recruiting expert identifies potential chief executives.

The National (Scotland)

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 Independent UK

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.

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