The Latest Breaking News from Diageo

As this year’s deadline looms, the stock market may now be the best choice to help protect savings

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

Passengers coming in and out of the busy airport can enjoy a wide range of beers and ciders

Diageo, the London-based drinks giant behind Guinness, said it will open the new venue at Old Brewer’s Yard in Covent Garden in Autumn 2023.

Net sales of Dublin's most popular drink grew by over 76%

There's a theory out there, strange as it may seem, that lipstick sales rise in recessions. There is some evidence to show that this might be true - L'Oreal (OTC: LRLCF) showed rising sales, by 5%, in the 2008 recession. This has been dressed up itself into "The Lipstick Effect". 

Diageo, the FTSE 100 drinks giant, has reported soaring sales and profits thanks to the reopening of bars and restaurants around the world drives.

Rolling coverage of the latest economic and financial news

Even though alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants last year and growing demand for premium drinks have been helping alcoholic beverage companies generate rising sales. So, alcoholic beverage producers Diageo (DEO) and Constellation Brands (STZ) should benefit. But which of these two…