The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.

Profit at FTSE 100 giant Diageo has fallen far short of expectations as high costs hammer the drinks giant. Net sales fell ...

Diageo, which has come under pressure from investors to cut costs and reduce debt, also said it was adding $125mn to its cost ...

Diageo CEO Debra Crew resigned as the maker of brands including Smirnoff vodka and Guinness beer struggles with weak sales.

Diageo is signaling that tariffs are a wet blanket, even for the largest of importers. Investors should watch how this busy ...

Guinness maker Diageo is to extend cost saving plans after revealing a slump in profits following a “challenging year” which ...

Diageo hunting for new CEO as interim boss says there is much more for company to do across its portfolio of brands ...

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its ...

The chief executive of Guinness-owner Diageo has stepped down with immediate effect, the drinks giant has announced. In an ...

Despite setbacks in Latin America and North America, Diageo's strong portfolio of premium brands like Johnnie Walker and ...

Investors in Diageo will be hoping the continued boom in demand for Guinness will help put the drinks giant back on track following the departure of its boss, and challenging conditions.

Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking ...