Pernod Ricard cut its sales forecasts for 2025 and beyond as tariffs weigh on the French spirits maker during an already tough time for the industry.

Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.

Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...

The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth over the medium term.

Diageo reported a slight 0.6% drop in net sales for H1 FY25, primarily due to unfavorable foreign exchange. The company ...

UK spirits major Diageo has pulled its medium-term guidance, citing "macroeconomic and geopolitical uncertainty". The Johnnie ...

The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...

Diageo withdrew its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate ...

European stocks are heading for a higher open Tuesday as global markets breathe a sigh of relief after U.S. President Donald ...

HONG KONG — China is sending Vice President Han Zheng to President-elect Donald Trump’s inauguration in Washington, Chinese state media reported Friday, the first time a senior Chinese leader ...

The owner of Guinness is considering an £8bn sale of the brand to cash in on booming demand for the Irish stout ...

HONG KONG/SHANGHAI -- China on Friday announced that its economic growth rate for 2024 was in line with the target set by a government beset by the threat of fresh U.S. tariffs, an enduring ...