Diageo – Latest stories from Nourish

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Diageo’s new CEO Sir Dave Lewis starts Jan 1 as the company faces global trade, market, and profit challenges.

Stories involving Diageo

Canadian Whisky and Sugar Units Face Trade and Market Challenges

Canadian whisky brand Crown Royal plans to shift bottling to the US, sparking political backlash amid ongoing US-Canada trade tensions. Meanwhile, UK-based AB Foods is closing a sugar plant in Hull due to falling European sugar prices and increased ethanol imports, leading to a projected £40 million loss for its sugar division this year.

UK and India Deepen Ties Amid Global Tensions

UK Prime Minister Keir Starmer visited India, focusing on trade, security, and global issues. Discussions included India's role on the UN Security Council, ongoing Ukraine conflict, and strengthening economic links. The visit also highlighted India's continued purchase of Russian energy and Modi's friendly relations with Putin.