Diageo buyback to continue
The world's biggest spirits group should continue with its policy of using the proceeds of disposals to buy back shares when the sale of its Burger King unit is completed. But this does not rule out further acquisitions.
Archives for September 1, 2002
Good start for British beer brands
Leading UK brewer Scottish & Newcastle has reported increased volume sales for its leading brands in the first five months of the new financial year, helped by the acqusition of the Hartwall business in Finland. Compatriot Greene King, meanwhile, also...
Coffee acts just like cocaine, says scientist
Although most people would never consider that the effects of their morning coffee would have any similarities to those of cocaine recent research reveals that the two stimulants similarly alter a specific signalling activity in the brain.
Coca-Cola mulls China bottling plants
Beverage giant Coca-Cola is considering building new bottling plants in several locations in some of China's poorer inland provinces, a company executive announced.
New bottling
In the US, Anheuser-Busch is launching new sloped shoulder bottles and secondary packaging for the company's super-premium beers, Michelob and Michelob Light.
Europe braced for energy drink explosion
With 20 new brands launched in the UK market last year alone, the energy drink market is clearly the one everyone wants to be a part of. And while the same growth levels are yet to be seen across the rest of Europe, there is still plenty of activity...