Guinness-owner Diageo is selling the majority of its wine business to one of the world's biggest publicly-listed winemakers, Australia's Treasury Wine Estates (TWE) for $552m.

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.

The Munster Senior League selection got their defence of the Michael Ward Cup off to a winning start with a 2-1 victory over a battling Connacht at O’Shea Park last night.