Global sales of Guinness fell by 1% during the second half of 2013, mainly due to declining beer markets in its traditional core regions of Ireland and Nigeria.

The maker of Smirnoff and Guinness warned conditions in emerging markets were “more challenging” following slower growth in its Christmas quarter.

Incoming Diageo CEO Ivan Menezes, the latest Indian-born businessman to head a global multinational, is likely to continue the strategy of his predecessor by focusing on growth in emerging markets, writes John Daly

Long-serving Diageo chief executive Paul Walsh is calling time on 13 years in charge of the drinks giant.

Smirnoff owner Diageo is reportedly eyeing a slice of US-based whisky producer Beam.

The owner of Guinness is targeting a thirst for spirits among the Indian middle classes by taking a stake in Asian drinks giant United Spirit.

Guinness-to-Smirnoff owner Diageo today warned that ongoing weakness in South Korea was weighing on one of its key growth markets.

Distillery group Diageo is placing acquisitions in Asia Pacific “high” on the agenda to reach a target of increasing revenue from the region to a fifth of total sales.

A small Scottish whisky maker is aiming to turn its byproducts into biofuel and become the world’s first whisky distillery to fuel vehicles in a move which could see Scotland’s 100-plus distilleries feed a £60m (€75m) industry.

Diageo chief executive Paul Walsh’s salary more than doubled last year to £11.2m (€13.9m), after an 88% rise in the drinks company’s shares over the last three years boosted his rewards from long-term incentive schemes.

Guinness brewer Diageo is leading the race into emerging markets as it serves drinkers from Moscow to Mumbai.

Guinness maker Diageo Plc is to invest more than £1bn (€1.24bn) 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.

The ECB has left its main interest rate unchanged at 1%.

Barely had the presidential plane taken off and Diageo warned of job losses at the old Guinness heartland in St James’s Gate, leaving a bitter taste for some and a challenge for Diageo Ireland MD John Kennedy, writes Kyran Fitzgerald

Drinks giant Diageo today said it was hopeful that profits growth will be stronger over the next year as it benefits from a rebound in trading.

DIAGEO, makers of Guinness, Baileys and Bushmills in Ireland, reported yesterday first-quarter sales that fell short of expectations.

Scottish Diageo workers today appealed to shareholders to support their cause as the firm's plan to cut hundreds of jobs was branded "corporate greed".

JOHNNIE Walker whiskey bottle labels will need to be changed after parent company Diageo announced an overhaul that will see the closure of its last operation in the brand’s home town of Kilmarnock in Scotland.

Guinness-to-Smirnoff drinks giant Diageo cheered markets today after holding firm on profit guidance despite weakening global markets.

The drinks firm Diageo is reportedly planning to impose a 2% price hike that could put an extra 10 cents on the cost of a pint of Guinness.

Drinks giant Diageo’s leading spirits brands today helped the Guinness maker to a strong profits performance.

Drinks giant Diageo today unveiled £100m (€149m) investment plans to boost scotch whisky production in Scotland, creating 200 jobs.

Strong US spirits sales cheered profits at drinks giant Diageo today, but the Guinness maker was again hit by falling sales of the iconic pint in its heartland of UK and Ireland.

Drinks giant Diageo today said annual sales grew by 6% after it benefited from strong demand for its Johnnie Walker and Smirnoff brands.

The story of Smirnoff vodka took a new twist today when it was re-united with the name of the legendary Smirnov family after a gap of nearly 90 years.

Drinks giant Diageo conceded today that the devastating hurricanes that buffeted the United States this summer had hurt its performance.

Drinks giant Diageo hinted today that the slump in demand for ready-to-drink brands was bottoming out as it posted a 2% rise in annual operating profits.

Drinks giant Diageo today reported profits in line with market hopes but said the task of improving sales in Europe remained its biggest challenge.

DIAGEO, owners of Guinness and Baileys, struggled in the first half of its financial year.

Lakeland Dairies, Ireland's second largest dairy processing co-operative announced today that it has entered into a supply contact with Diageo Group to provide fresh cream for the Baileys brand, from the its processing facility at Bailieborough, Co Cavan.

DIAGEO shareholders were told at the group’s annual general meeting in London yesterday that the outlook for sales in the US, the company’s most important market, were steadily improving.

Business Correspondent

A cocktail of negative trading factors are likely to have impacted upon Smirnoff vodka-to-Guinness company Diageo’s annual results on Thursday.

Drinks giant Diageo ended its long-running attempt to offload fast-food chain Burger King by unveiling its £1.44bn (€2.26bn) sale today.

Scottish Football Association chief executive David Taylor believes the sponsorship deal with Diageo for the Euro 2008 bid enhances an already well-established link between the firm and Scottish football.

Diageo is reported to be in advanced talks to sell fast food giant Burger King for more than £1.3 billion.