Diageo, which owns Guinness, has been under pressure lately to more closely align its shipments to distributors with their sales to customers

Drinks giant Diageo is under scrutiny in the US, where the Securities and Exchange Commission (SEC) has asked for information to see whether it shippe(...)

For the year ending March 2016, Tate & Lyle expects adjusted profit before tax in line with 2015, assuming it completes the exit of its European bulk ingredients business. Photograph: Getty Images/iStockphoto

Britain’s Tate & Lyle reported lower full-year profit in line with its forecast and signalled this year would be just as tough as it overhauls its(...)

Shares in Premier Foods, maker of Hovis bread, fell on the news that yet another top executive was to leave  just when stability appeared to have returned to the company after a flurry of boardroom changes

The revolving door at Premier Foods continued to spin yesterday with the exit of the finance director at the heavily indebted maker of Hovis bread and(...)

The chief executive of Diageo (which owns Guinness) will step down from the board at the annual meeting in September. Photograph: Peter Macdiarmid/Reuters

Diageo’s chief executive, Paul Walsh, is stepping down after 13 years at the helm of the company behind Smirnoff and Guinness. He will ma(...)