Drinks

Brown-Forman Misses Quarterly Profit Estimates As Costs Weigh

Brown-Forman Corp missed Wall Street expectations for third-quarter profit on Wednesday, as the Jack Daniel's whiskey maker struggled to keep a tight...

AB InBev Hikes Profit Despite Selling Less Beer

Anheuser-Busch InBev, the world's largest brewer, expanded its profit by slightly more than expected in the fourth quarter as higher prices more than compe...

Heineken Ireland Appoints Sharon Walsh As Managing Director

Heineken Ireland has announced the appointment of Sharon Walsh as the company’s new managing director.

Campari Benefits As US Drinkers Get Taste For Spirits

Italy's Campari said on Tuesday demand for its spirits was holding up well in the face of rising prices and the industry was seeing more American drin...

Bill Gates Buys Heineken Stake, Despite Saying He's 'Not A Big Beer Drinker'

Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding, although the billionaire founder of Microsoft has previously said he wa...

Heineken Says It Still Plans To Exit Russia, Take €300m Loss

Brewer Heineken still plans to exit Russia and sell its business there at a loss this year, it said on Wednesday.

Carlsberg CEO Cees 't Hart To Retire After Wrapping Up Russia Exit

Carlsberg's chief executive Cees 't Hart will retire at the end of September, the Danish brewer said on Tuesday, after he has seen through the sale of its...