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President Donald Trump’s global tariffs, ranging from 10 to 50 percent, took effect on Thursday, igniting fear among ...
Jhangiani also said Diageo could sell more “non-core, non-strategic” brands. Diageo owns some of the biggest alcohol brands in the world, including Don Julio Tequila, Johnnie Walker Scotch whisky and ...
Diageo is signaling that tariffs are a wet blanket, even for the largest of importers. Investors should watch how this busy ...
In a compelling testament to the enduring vitality of American trade policies, global beverage titan Diageo has revised downward its anticipated financial impact from tariffs introduced under ...
The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.
Diageo envisions supplying those looking for smaller bottles and beverages with little or no alcohol, interim CEO Manik Jhangiani said.
Wall Street stocks fell Tuesday as a rally ran out of steam following lackluster economic data, while investors monitor ...
The Cboe UK 100 ended up 0.1% at 913.38, the Cboe UK 250 rose 0.2% to 19,267.71, and the Cboe Small Companies closed down 0.1% at 17,322.85. Well received earnings provided a lift in London with index ...
Sales of Guinness rose but overall drinks group Diageo saw revenues dip and profits tank as economic uncertainty weighs on ...
The key motivation for Diageo's acquisition strategy is to broaden the product portfolio, which is critical in the on-trade channel (bars, restaurants, pubs). Volume in the spirits industry is more ...
Diageo (NYSE:DEO) targets $125M in additional cost savings to combat macroeconomic pressures and boost shareholder returns.
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