Diageo cleared to sell Burger King
The European Commission gives the go ahead to Diageo to sell its last remaining food-related business, leaving the UK group free to strengthen its position as the world's leading spirits and wine producer.
Archives for October 13, 2002
Ochakovo wins court case over beer quality
Claims by the Russian Trade Ministry that Ochakovo beer contained an illegal preservative have been quashed by a Moscow court, but the case serves to highlight the problems facing the country's burgeoning beer market.
Jobs to go at Martell
Martell, the latest priority brand to join the Pernod Ricard stable, will see a quarter of its workforce axed in the coming months, a move Pernod says is necessary to keep the company competitive.