Dudley washes away image with prize wine
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Glass half empty at Heineken
It is not only Heineken that seeks to refresh parts of the world other beers cannot reach. Every global brewer has this aim. But it is the Dutch group that…
Dispute brews up over German shale search
©Reuters Germany’s brewers have warned Berlin that permitting unconventional gas exploration in Europe’s biggest economy could put the purity of the country’s celebrated beer at risk. Chancellor Angela Merkel’s government…
McDonald’s defends on obesity concerns
©Getty Don Thompson, McDonald’s chief executive, has vigorously defended the company against allegations that it targets children and minority communities with unhealthy food that causes obesity. “We don’t sell junk…
SABMiller: EM boost
If SABMiller were a beer it would be in a bottle with a fancy label. That is because exposure to emerging markets – two-thirds of operating profits – has helped…
SABMiller lifts revenues to $34.5bn
SABMiller, the world’s number two brewer, lifted group revenues 7 per cent to $34.5bn in the year to March 31, despite an outburst of social unrest in Colombia that prompted…
Booker pre-tax profit rises 13% to £101m
Booker, Britain’s biggest cash and carry wholesaler, lifted pre-tax profit by 13 per cent last year, as sales reached £4bn for the first time. Pre-tax profit rose from £90.8m to…
SSE successor faces unenviable task
Ian Marchant has timed his well-pensioned retirement from SSE fortuitously. Controversy comes with the territory when you are chief executive of a big energy company. For example, on Wednesday shadow…
Britvic to slash 15% of workforce
Britvic is to cut up to 400 jobs – 15 per cent of its workforce – as part of efforts to bolster its fortunes as a standalone company should competition…
Corn prices tumble amid intense planting
©Bloomberg Energy debate: corn being harvested for biofuels in Missouri. Critics say such use keeps poor people hungry Corn prices fell on Tuesday after the US government reported farmers planted…
US farmland faces asset bubble test
©AFP A century ago, US farmland real estate enjoyed a huge boom. Interest rates were low. Grain prices were high. The world’s appetite for agricultural exports seemed endless. Now, as…
Innovation cedes to refinement
It is tough at the top. Apple, the one-time darling of geeks, hipsters and investors, has lost a little of its star dust in the past year and its brand…
Sainsbury caught out over salmon labels
To the uninitiated, there may not seem to be much difference between a salmon reared in Loch Fyne or the Hebrides. Yet, J Sainsbury was on Monday forced to apologise…
Danone targets China with Mengniu deal
©Bloomberg Cartons of milk from the Mengniu company. Danone is to take a small stake in one of China’s biggest dairy producers Danone is hoping it will be third time…
Liquid stylist
Ray Spencer My job is to make drinks look desirable when they appear in advertisements and films. For beer, this means making it look cold. It would be impossible to…