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

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.

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

Guinness firm Diageo has unveiled a €375m deal that will see it acquire a leading brand of Brazil’s national drink.