The Scottish whisky industry has entered a period of oversupply as global sales decline and trade barriers persist. Recent data from the alcohol analytics provider IWSR revealed a 3 percent
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Diageo has reached an agreement to sell its majority holding in East African Breweries to Asahi for 2 point 3 billion dollars. This strategic move is part of Diageo’s ongoing
The surging popularity of weight-loss medications is creating unprecedented ripples across the alcohol industry, with major beverage companies facing potential long-term revenue challenges. Investment heavyweight Terry Smith’s recent divestment from
Major alcoholic beverage manufacturers witnessed a significant decline in their share prices following a stark announcement from the US surgeon-general regarding cancer warnings on alcohol products. The dramatic market response
