Diageo PLC
‘Never been stronger’: Investors pile in UK stocks as next U.S.-alternative
European stocks have been on a bull run this year, with investors looking to diversify beyond the U.S. amid volatility sparked by President Donald Trump’s trade policies. But the region’s outperformance over the U.S. has narrowed over recent weeks, with Wall Street’s major averages recovering from the so-called “Sell America” trade to touch fresh all-time […]
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A world on weight loss drugs: How GLP-1s are reshaping the economy
Eternalcreative | Istock | Getty Images Miracle drugs, obesity treatments and skinny jabs. Call them what you will, few drugs have had a more transformative effect on Wall Street and waistlines over recent decades than GLP-1s. Familiarly known under the brand names Wegovy and Zepbound, Glucagon-like peptide-1 (GLP-1) receptor agonists are a class of medication used to […]
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Europe markets climb; Diageo shares pop 7% as Guinness owner outlines cost-cutting plan
Infineon up 5% as CFO says tariff impact less severe than thought Shares of Infineon are up 5% after the German semiconductor beat on adjusted earnings per share in the latest quarter, coming in at 37 cents ($0.43) versus an LSEG estimate of 33 cents. That was on the back of 3.7 billion euros in […]
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Why Black entrepreneurs flock to Martha’s Vineyard every August
Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing […]
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European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said […]
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How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following […]
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Stocks making the biggest moves midday: Morgan Stanley, ASML, Johnson & Johnson, SolarEdge and more
Check out the companies making headlines in midday trading. Morgan Stanley — Shares fell 3.6% despite the financial institution beating second-quarter estimates. Morgan Stanley earned $2.13 per share and saw $16.79 billion in revenue, while analysts anticipated earnings of $1.96 a share and $16.07 billion in revenue, per LSEG. SolarEdge Technologies – Shares plummeted more […]
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Stocks making the biggest moves premarket: Goldman Sachs, ASML, Diageo, Johnson & Johnson and more
Check out the companies making headlines in premarket trading. Bank of America — Shares popped 1.5% after the bank earned 89 cents per share for the second quarter, beating the consensus forecast of 86 cents a share from analysts polled by LSEG. But revenue came in at $26.61 billion, slightly below the $26.72 billion figure […]
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Spirit makers face a sobering cocktail of challenges — from tariffs to teetotalers
Various whiskey bottles on shelves in a bar. Hiob | Istock | Getty Images Global spirit makers are staring down a sobering cocktail of challenges as tariffs and brand boycotts threaten to exacerbate wider shifts in drinking habits. French cognac maker Rémy Cointreau on Wednesday became the latest spirits maker, following Diageo and Pernod Ricard, to […]
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Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty Images Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% […]
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