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AFRICA BEER MARKET
Diageo springs a surprise, sales climb on Africa, Latin AmericaDiageo has experienced an unforeseen surge in sales for the latest quarter, attributed to robust growth in Africa and Latin America that su...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
French malt major Soufflet to invest $118 mln in India amid booming beer demandFrance's Soufflet Malt will invest 100 million euros in a new production facility in Rajasthan, India. This move aims to meet the growing d...
Hit by unusual rains, Heineken's India volume declines in July-SeptemberHeineken NV faced a notable challenge this September quarter with a mid-single-digit downturn in beer volumes sold in India, largely due to...
Heineken's premium beer volume rises 4.5 pc in Sep qtr, Kingfisher Ultra in India chips inHeineken NV reported a 4.5 per cent growth in premium beer volumes, driven by its flagship brand and contributions from Kingfisher Ultra in...
Heineken holds forecast as sells less beer, but makes more moneyHeineken, the world's second largest brewer, maintained its full-year outlook despite selling less beer in the third quarter. Higher prices...
Diamond major De Beers India expects 10%-15% growth for its De Beers Forevermark diamondsNancy Liu, CEO, De Beers Forevermark said “A Forevermark diamond has always stood for the highest standards of beauty and responsible sourc...
Lab-made diamonds for less: Why De Beers' plan worries rivalsDe Beers will target younger consumers with its lab diamonds, sold for about $800 a carat.
Anil Agarwal to boost Anglo American stake, invest $2 billionVedanta Resources' independent director were advised by Moelis & Company UK LLP and Ashurst LLP with regard to according this consent.
De Beers to invest $140 million for marketing in India, US, ChinaThe increased investment will be focused on generating further consumer demand for diamond jewellery in the leading markets like US, China ...
'Stars aligned' for Anheuser-Busch InBev's megabrew merger plan with SABMillerObservers say the real catalysts for the $100 billion takeover proposal made public on October 7 are a steep fall in SABMiller's share pric...
HCL Tech bags multi-million dollar IT deal from De BeersThe current deal allows a tighter integration across the two companies with common technology platforms and IT service management, it said.
BT wins $37 million global contract from De Beers GroupBT's global network will help the world's leading diamond company connect generations of people with the earth's natural treasures, the UK-...
De Beers fighting to restore monopoly; challenges lie aheadSince its inception, De Beers has survived two World Wars, the Great Depression, the break-up of the USSR and the end of apartheid in South...
- De Beers posts 55 pc jump in H1 earnings
De Beers' on Tuesday reported 55 per cent jump in this year's first six months' earnings at almost USD 1.2 billion over the same period las...
- Aspri Spirits to introduce seven new brands
Out of the seven new brands, three will be wines from Spain, Australia and South Africa, three premium spirit brands from Mexico, Poland an...
- De Beers plans $1 billion rights issue
De Beers Group's shareholders have agreed to a rights offering that will raise up to $1 billion to help reduce the company's debts.
- Nature's Bounty plans to launch scotch, beer and vodka
Amit Burman-promoted Nature's Bounty plans to diversify its business by including scotch whiskey, vodka, beer and gin in its portfolio in t...
- SAfrican miners vote to strike in De Beers dispute
South African miners working for De Beers, the world's biggest diamond company, have voted to go on indefinite strike from next week in a d...
- Russia's Sun eyes Meakins beer business
After Anheuser Busch and SABMiller, it’s now the turn of the Russia-based Sun group to join the fray for the beer business of Mohan Meakins...