All three major US indexes were up almost 2 per cent on Thursday. Photograph: Lucas Jackson/Reuters

Stock markets around the world rallied on Thursday and crude oil rebounded after strong US economic data and hints from a Federal Reserve policymake(...)

Anna Malmhake, chairman and CEO Irish Distillers, has called for a cut to the “penal” rate of excise charged in Ireland. (Photograph: John Sheehan)

The chief executive of one of Ireland’s largest drinks companies has called on the Government to reduce excise in the forthcoming Budget to stimulate(...)

Christine Bleakley at Rossnowlagh on the Wild Atlantic Way for TV programme Wild Ireland. Photograph: Big Mountain Productions

A senior official with State tourism body Fáilte Ireland has warned against overstating the negative impact of high alcohol prices on tourism. Paul K(...)

Alexandre Ricard, new chairman and chief executive officer of French drinks maker Pernod Ricard.

Pernod Ricard is banking on a taste for higher priced spirits in the United States and India, along with recovering demand for cognac in China, to spe(...)

The  Vision for Irish Whiskey strategy says Irish whiskey is no longer about playing to the stereotypes of the “fighting Irish” or about spicing up an Irish coffee.  File photograph: Jeff J Mitchell/Getty Images

A bid to kickstart a second golden age of Irish whiskey will be launched by the industry on Tuesday when it publishes an ambitious plan for the sector(...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

Diageo, the world’s biggest distiller, expects its business in China to return to growth as early as next year. Photo: Reuters

Diageo, the world’s biggest distiller, expects its business in China to return to growth as early as next year as the company overcomes austerity meas(...)

Barrels of Pernod Ricard’s Martell cognac sit at the Martell distillery in Cognac, France. Sales volumes jumped 13 per cent year-on-year. Photograph: Fabrice Dimier/Bloomberg News

French drinks group Pernod Ricard said sales trends in China, its second-largest market, were gradually improving thanks to a positive performance dur(...)

Bottles of Jameson whiskey: The Old Jameson Distillery hasn’t been a working distillery in decades, but some 400,000 people visit it and its Cork sister venue, the Midleton Experience, each year.   Photograph: Aidan Crawley/Bloomberg

At the Old Jameson Distillery in Smithfield, Dublin, there’s a new addition to Irish whiskey’s “brand home”: a “Bottle Your Own” stand where visito(...)

Jack Reynor (Glassland, What Richard Did) at the launch of the Jameson Dublin International Film Festrival. Photograph: Eric Luke

Unstoppable Irish actor Jack Reynor was among the guests who joined Gráinne Humphreys, director of the Jameson Dublin International Film Festival, to(...)