Shares Of Liquor Giant Kweichow Moutai Surge On China Recovery Bets

Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption recovery in China amid

 

Starbucks To Reopen Uk Drive-thru Locations This Week

Starbucks Corp said on Monday it would begin a phased reopening of all its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on

 
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Campari Braces For Full Impact Of Virus As Aperol Loses Its Fizz

Drinks group Campari warned on Tuesday that it will feel a more severe impact from the coronavirus crisis in coming quarters, after reporting a 5% drop in sales between January and March.

 

Remy Cointreau Warns Of Halving Of First-quarter Sales Due To Coronavirus

French spirits company Remy Cointreau warned first quarter sales would fall by around 50-55% due to wholesaler destocking in Greater China and a sharp slowdown in key European and American markets due

 
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Heineken Sees Coronavirus Hitting Beer Sales, Scraps Outlook

Heineken , the world's second largest brewer, suffered a decline in beer sales in the first three months of the year, forecast worse to come in the second quarter and scrapped its 2020 guidance due to

 

Brief-mackmyra Svensk Whisky Initiates Compensation Program Due To Coronavirus

Mackmyra Svensk Whisky AB:

 

Brief-terracom Says Blair Athol Forecasting Coal Sales For 2020 Fy Of 2.9 Million Tonnes

Terracom Ltd:

 

Mexican Company Behind Jose Cuervo Brand Says Ceo Diagnosed With Coronavirus

Mexico's Becle, the company behind the popular Jose Cuervo tequila brand, s...

 
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Heineken To Pour $183 Million Into Expansion In Brazil

Heineken NV will invest 865 million reais ($183.14 million) to expand its Ponta ...

 

Indonesia Government Proposes Levy On Sweetened Drinks, Co2 Emitting Vehicles, Plastic Bags

Indonesia's Finance Minister Sri Mulyani Indrawati on Wednesday submitted a...

 
 
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