Drinks group Diageo warned on Wednesday that the spread of coronavirus in greater China and the Asia Pacific region could knock up to €240 million off(...)

Diageo has been restructuring in recent years to improve performance and streamline its portfolio by selling non-core businesses and underperforming labels, while bulking up on newer, hipper brands. Photograph: Chris Ratcliffe/Bloomberg

Guinness-maker Diageo reported higher annual profit on Thursday, helped by growth across all its markets, an improved price mix and cost controls. Th(...)

Globally, Guinness sales were flat in the 12 months to the end of June

Sales of Guinness rose 2 per cent in Ireland in the year ending June 30th but were flat elsewhere. Meanwhile, sales of Baileys - the most popular crea(...)