Prepare for the Diageo trophy April 17, 2012 DRINKS group Diageo, the financial public relations agency Tulchan, and a number of media outlets are signing up for the Diageo City Challenge – a five-a-side football tournament taking place on 20 May at the Bank of England Sports Centre in Roehampton. All proceeds will be going to the Stroke Association. Last year’s event saw [...]
FTSE falls again as weak results dampen mood January 31, 2013 LONDON’S top shares closed lower yesterday as downbeat company earnings and mixed global economic data triggered the sharpest one-day fall on the FTSE 100 since mid-November. Earnings were in focus after updates from British oil heavyweight Royal Dutch Shell and drugmaker AstraZeneca, and Facebook in the United States, disappointed. Shell alone took 16 points off [...]
Diageo toasts new markets as sales grow May 3, 2012 DIAGEO, the world’s biggest distilled drinks company, yesterday reported a third quarter of sales growth despite disappointing trading in Europe. The group posted a six per cent sales rise, excluding acquisitions, which it put down to a three per cent growth in the volume of drinks sold as well as price increases and a trend [...]
Diageo sales rise fuelled by emerging markets May 3, 2012 Sales at Diageo, the world’s biggest distilled drinks group, were up six per cent in the first three months of 2012 with fast-growing emerging markets and a recovery in North America offsetting falling sales in Europe. The London-based maker of Smirnoff vodka and Captain Morgan rum said that despite weakness in Europe its fiscal third-quarter [...]
BAE senior independent director to stand down November 16, 2012 BAE Systems this morning said senior independent director sir Peter Mason will retire in May, less than a month after shareholder Invesco called for him to step down. Mason’s term of appointment was due to end of 21 January, and he will retire at BAE’s AGM next May. Nick Rose has been named as his [...]
Business backs Cameron’s call on Europe vote January 23, 2013 BUSINESS leaders yesterday broadly welcomed David Cameron’s plans to renegotiate a new deal with the European Union. In a letter to The Times, 48 industry and City leaders said the Prime Minister’s promises of a negotiation followed by an “in-out” referendum within five years was “good for business and good for jobs in Britain”. The [...]
FTSE 100 soars to a 4 1/2-year high as investors take heart from the US January 21, 2013 BRITAIN’S FTSE 100 scaled fresh 4-1/2 year peaks yesterday, with signs of progress in US budget talks encouraging investors’ shift from low-yielding government bonds into higher risk, higher return equities. US Republican leaders signalled they would allow the government to raise the debt ceiling and borrow to prevent a default in the next three months [...]
Pernod predicts slow Asian profit growth October 25, 2012 PERNOD Ricard yesterday predicted a slowdown in profit growth in the current year after slowing Asian demand for Martell cognac and Scotch whiskies dragged quarterly sales below forecasts. The world’s second-biggest spirits group behind Diageo predicted a rise in underlying profit from recurring operations of close to six per cent in the year to 30 [...]
Pernod predicts slow Asian profit growth October 25, 2012 PERNOD Ricard yesterday predicted a slowdown in profit growth in the current year after slowing Asian demand for Martell cognac and Scotch whiskies dragged quarterly sales below forecasts. The world’s second-biggest spirits group behind Diageo predicted a rise in underlying profit from recurring operations of close to six per cent in the year to 30 [...]
What the other papers say this morning December 19, 2012 FINANCIAL TIMES Greece faces make or break year Next year will be “a make or break” year for Greece’s future as a member of the eurozone, the country’s finance minister has said, warning Europe’s leaders that Athens still faces “the possible risk” of crashing out of the currency bloc. “We can make it next year [...]