(LONDON)Diageo PLC, the world's largest producer and distributor of alcoholic drinks, said it is pushing ahead with its focus on premium sales as it posted a small rise in full-year net pr...READ MORE

(LONDON)Diageo PLC, the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it posts its full-year results on Thursday, b...READ MORE

(WASHINGTON)The Distilled Spirits Council of the United States Inc. spent nearly $1.1 million in the second quarter lobbying the federal government on underage drinking prevention, tax issues ...READ MORE

(WASHINGTON)A unit of London-based spirits company Diageo PLC spent $550,000 lobbying the U.S. government on efforts to promote responsible drinking and other issues in the second quarter, acc...READ MORE

(LONDON)As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, ...READ MORE

(LINCOLN, Neb.)Opponents of flavored alcoholic beverages such as Mike's Hard Lemonade are squaring off with the state Liquor Control Commission over a proposal they say could help keep the drinks...READ MORE

(CHARLOTTE AMALIE, U.S. Virgin Islands)The U.S. Virgin Islands has agreed to issue $165 million in bonds to help build a rum distillery. The bonds will also help subsidize the cost of molasses used to produce bulk rum a...READ MORE