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DGE 2,224.80 +15.80 (0.72%)
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Diageo splashes out to tap whisky boom
LONDON Drinks group Diageo Plc (DGE.L) is to invest over 1 billion pounds ($1.5 billion) in Scotch whisky production over the next five years, creating hundreds of jobs, to meet growing demand from the emerging markets of Asia, Latin America and Africa.
Diageo's �1bn shot into malt whisky
Diageo unveils �1bn investment in Scotch whisky over the next five years
A look at Burger King's ownership history
--1954 -- David Edgerton opens Insta Burger King in Miami, selling 18-cent fire-grilled hamburgers and 18-cent milkshakes. Three months later, Jim McLamore matches Edgerton's capital and the co-founders form a corporation called Burger King of Miami Inc.
Diageo To Invest $1.5 Billion In Scotch Industry Jobs, Distilleries
Diageo, which makes Johnnie Walker, J&B and Bells whisky and has around a third of the market, said it is seeing strong growth in BRIC markets - Brazil, Russia, India and China - and beyond, as drinkers worldwide acquire a taste for the Scottish tipple.
Trust with 45 years of growing dividends buys UK engineers
L), Diageo (DGE.L) and Unilever (ULVR.L) all contributing to the trust's performance. Away from the blockbuster stocks, Curtis has invested in UK engineering stocks and views companies like Spirax Sarco (SPX.
European Stocks Gain After ECB Keeps Rate at Record Low
Diageo Plc, the maker of Johnnie Walker, J&B and Buchanan's Scotch whiskys, climbed 4.3 percent after saying it will invest 1 billion pounds ($1.54 billion) in production.
Diageo's star rises in the East
The 57 year-old, who has been at the helm of Diageo for 12 years, may like to give the impression he has humble tastes, but he certainly is an expert at one thing: growing the FTSE giant's Scotch whisky sales, which have rocketed by 50pc to �3bn over ...
Bottle of 1937 Glenfiddich Fetches $71700 at Christie's
The auction comes a day after Diageo Plc said it will spend 1 billion pounds on whisky production over the next five years, to meet growing demand from Asia, Latin America and other emerging markets.
GE Targets Africa to Asia With Off-Grid Power Generators
The company sold a pair of Jenbacher gas-powered engines to Diageo Plc, the maker of Guinness beer, for its breweries in Nigeria, Diageo said in a statement on June 26.
China's Growing Whisky Bubble
Diageo PLC, which on Wednesday announced plans to invest more than 1 billion pounds (US$1.52 billion) in Scotch whisky production over the next five years concentrating on emerging markets, produces a premium vodka in China exclusively for that ...
'I don't retire'
Raymond Miquel, then head of the whisky group Arthur Bell and Sons, was staying at the Westin Hotel in Chicago. He always stayed there during trips to the Windy City, but he was no mere business guest this time around.