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The Latest Breaking News from Diageo

Diageo rules out sale of Guinness brand amid stout speculation

Drinks company denies it also plans to dispose of 34% stake in champagne and cognac business Moët Hennessy

The Guardian - UK

‘Skinny jabs’ are turning slimmers teetotal – and drinks companies are feeling the loss

As the public rejoice at shedding weight, the likes of Wegovy seem to be controlling other bad habits – in particular drinking to excess

The Guardian - UK

Guinness boom prompts owner Diageo to consider sale or spin-off

Stout, which has become fashionable with gen Z drinkers, likely to be valued at more than £8bn

The Guardian - UK

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Diageo considering possible sale of Guinness business – reports

Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy.

Evening Standard

Giving up alcohol for good in 2025?

In recent years, abandoning alcohol has been embraced as a way of life, not just a mere one-month-long trend

Salon

How gen Z helped drink Guinness dry – and its stout rivals cashed in

Ireland’s best-selling brew has found new favour among women, the young, and celebrity drinkers. Now a shortage of supply in UK pubs has opened the door to competitors

The Guardian - UK

Diageo and Heineken go head to head as Guinness shortage gives 600% boost to rival stout Murphy’s

“These outstanding sales figures go to show demand for stout among U.K. pub-goers is in no way slowing down," a Murphy's spokesperson said.

Fortune

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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

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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The National (Scotland)

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 Independent UK

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.

Evening Standard

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

International Business Times

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.

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Evening Standard

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.

The Guardian - UK

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

Fortune

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.

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

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.

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