business diageo 
PYMNTS
AUGUST 5, 2020
Diageo – the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka – has taken a 1.3 The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported. billion pound ($1.7
TheGuardian
JUNE 6, 2020
On Friday, the UK and the UN attempted to revive the stalled Cop26 climate talks, with a coalition of businesses committing to a Race for Zero, signing up to reduce their emissions to net zero by mid-century. Continue reading.
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PYMNTS
AUGUST 7, 2020
Senator Marco Rubio of Florida introduced a $100 billion program under the Small Business Administration (SBA) 7a program to extend long-term, inexpensive loans to small businesses. Rubio said the program would particularly aid minority-owned businesses and low-income communities. Liquor Sales Up, But Glass Is Still Half Empty.
CB Insights
FEBRUARY 8, 2018
Using CB Insights data, we analyzed where the 5 largest spirits companies (by volume sold) — Diageo, Pernod Ricard, Beam Suntory, Bacardi, and Brown-Forman — and their venture funds have placed their private market bets since 2014. Note: Diageo’s investments made through Distill Ventures are included. . Please click to enlarge.
CB Insights
SEPTEMBER 4, 2018
AB INBEV, Diageo explore alcohol-free Beverages. The company hopes to see low-alcohol and non-alcoholic business represent 20 % of global sales by 2025, up from 8% today. Diageo, for example, is racing to expand in the non-alcoholic category through its venture arm Distill Ventures. What’s NExt?
PYMNTS
NOVEMBER 11, 2019
late payments made by larger companies to small businesses (SMBs) have hit firms’ cash flows. Moving beyond construction, other firms cited include Diageo, GlaxoSmithKline, Aberdeen Asset Management and IBM U.K. In the land down under (and of course, elsewhere, notably in the U.K.), In the U.K.,
PYMNTS
AUGUST 2, 2018
Facebook Chief Financial Officer David Wehner attributed the company’s lower-than-expected growth to FX volatility, while drinks giant Diageo missed its sales mark for the fiscal year. ” Already the currency volatility has resulted in surprising misses for large firms. .” percent,” reports said.
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