The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its ...

The interim boss of the spirits giant admitted ‘some’ jobs are likely to be affected by the three-year cost saving programme ...

Sales of the iconic stout have exploded in the past two years as it has gone viral on social media. But it has not been ...

Guinness maker Diageo is to extend cost saving plans after revealing a slump in profits following a “challenging year” which ...

Diageo has posted a dip in sales and profit as it struggles to maintain growth amid a slowdown in drinking and higher costs.

Diageo hunting for new CEO as interim boss says there is much more for company to do across its portfolio of brands ...

Guinness-owner Diageo has posted a near 28% decline in operating profit during its latest financial year as the company faced ...

Guinness maker Diageo has revealed a slump in profits after a 'challenging year' which saw its former boss leave.

"While we are encouraged by areas of progress and the standout performance from Don Julio, Guinness and Crown Royal Blackberry, there is clearly much more to do across our broader portfolio and brands ...

The group, home to brands such as Guinness beer and Johnnie Walker whisky, on Tuesday booked net sales of $20.245 billion for the year ended June, 0.1% lower than in the prior year. In organic terms, ...

Despite setbacks in Latin America and North America, Diageo's strong portfolio of premium brands like Johnnie Walker and ...