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The Latest Breaking News from Diageo

Salcombe Distilling Co. launches £5million crowdfunder to grow global market

The Devon-based business has global ambitions and recruited former Diageo President Dr Nick Blazquez as Chairman in 2020.

Birmingham Post

Guinness owner pouring £16m investment into Runcorn site

Guinness' packing plant in Runcorn has been running since 1970

Liverpool Echo

£150million Newtownabbey drinks can plant set to open

"Our investment will deliver almost 200 new jobs to Northern Ireland and will bring significant long-term skilled employment opportunities to the area"

Belfast Live

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Guinness maker Diageo to invest £16m in major site and support 200 jobs

The investment will support the growth of Guinness Draught and Guinness Zero

Birmingham Post

Diageo ramps up production with £40 million investment in packaging plants

The company’s canning facility in east Belfast will double its output to meet domestic and export demand for Guinness products.

The Independent UK

Thirst for Guinness prompts £40.5M investment at Diageo's Belfast and Runcorn sites

The move will boost capacity at the canning and bottling plants to meet global demand

Birmingham Post

Guinness Nitrosurge demand behind £24 million investment in Belfast packaging plant

New state-of-the-art packaging line will be "capable of producing 72,000 cans per hour"

Belfast Live

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Tech firm AND Digital to open Bristol office and create 100 jobs

The company has provided IT services to organisations including British Airways, Diageo and The Prince's Trust

Birmingham Post

How to find which way the wind is blowing for the best Isa returns

As this year’s deadline looms, the stock market may now be the best choice to help protect savings

The Guardian - UK

3 Consumer Defensive Stocks to Buy on the Dip: Tyson, Diageo, and Mondelez

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

StockNews.com

Will Chart Analysts Notice Bad Omen on Diageo's Chart

If history is any guide, there may be trouble ahead for shares of Diageo (NYSE:DEO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Diageo seeks more than 30 apprentice roles in Scotland

The positions range from distilling to engineering, with a graduate scheme focused on data science

Insider UK

Guinness gets planning permission to expand St James's Gate Brewery in Dublin to increase production of 0.0% alcohol-free brand of stout

Dublin City Council has approved plans by Diageo Ireland to construct six new processing tanks in a new two-storey extension

Irish Mirror

Diageo removed from government scheme for failing to pay bills on time

The voluntary code requires companies to pay 95% of invoices to small suppliers within 30 days

Insider UK

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Dublin Live

Dublin Airport announces opening of brand new immersive Guinness Bar experience

Passengers coming in and out of the busy airport can enjoy a wide range of beers and ciders

The Independent UK

Guinness to open £73m microbrewery venue in London

Diageo, the London-based drinks giant behind Guinness, said it will open the new venue at Old Brewer’s Yard in Covent Garden in Autumn 2023.

Dublin Live

Dublin Pubs: Guinness sales skyrocketed as boozers reopened at lockdown's end

Net sales of Dublin's most popular drink grew by over 76%

Benzinga

How Much Will Diageo Benefit From The Lippy Effect If It Even Exists At All That Is?

There's a theory out there, strange as it may seem, that lipstick sales rise in recessions. There is some evidence to show that this might be true - L'Oreal (OTC: LRLCF) showed rising sales, by 5%, in the 2008 recession. This has been dressed up itself into "The Lipstick Effect".

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Evening Standard

Guinness and Johnnie Walker-owner Diageo sees sales and profits soar as pubs reopen

Diageo, the FTSE 100 drinks giant, has reported soaring sales and profits thanks to the reopening of bars and restaurants around the world drives.

The Guardian - UK

Markets rebound as US economy records fastest growth since 1984 – as it happened

Rolling coverage of the latest economic and financial news

StockNews.com

Constellation Brands vs. Diageo: Which Stock is a Better Buy?

Even though alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants last year and growing demand for premium drinks have been helping alcoholic beverage companies generate rising sales. So, alcoholic beverage producers Diageo (DEO) and Constellation Brands (STZ) should benefit. But which of these two…

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