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Business

Heineken shares climb as brewer announces strong profits and buyback

The Dutch brewer will buy back €1.5 billion of its shares over the next two years after recording better-than-expected revenue growth. Heineken nonetheless warned of "ongoing macro-economic challenges".

Business

Northern Ireland hotel takes a punt on €1,200 cocktail – who’s buying?

The Merchant Hotel's new tipple has been described as a "masterpiece of Irish whiskey" - but is there a market at €1,200 a pop?

Business

Diageo plc warns of profits falling by millions if US tariffs go ahead

Diageo plc could be severely impacted by an escalating trade war in North America, as the market is currently its biggest source of net sales.

Climate

Why drinks like prosecco and Guinness are at risk from climate change

Heavy rains, droughts and storms exacerbated by climate change are putting making the production of traditional alcoholic drinks more difficult.

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Business

Diageo rules out sale of Guinness brand and stake in Moët Hennessy

Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness.

Brussels, My Love?

Brussels, my love? Poland's New Year's resolution

In this edition, we ask if Poland's Donald Tusk can steer Europe to safety as he takes on the rotating presidency of the EU's Council; and whether the extraordinary interventions of Elon Musk make him the king of free speech — or a threat to democracy.

Europe in Motion

Which European country is set to excel in the Dry January challenge?

Initiatives such as Dry January and Damp January gain increasing popularity, with millions of people said to be taking part across Europe.

wellbeing

Dry January: How drinking alcohol can affect your health

Alcohol has been linked to over 200 health conditions, including cancers, cardiovascular disease, and more.

Health news

US top doctor calls for cancer warning labels on alcoholic drinks

The recommendation isn’t legally binding, but could help bring public awareness to the health risks associated with alcohol.

Europe in Motion

Cheering for 2025? Sparkling wine production in EU fell by 8%

Despite an 8% decrease in sparkling wine production and exports in the EU in 2023, Italy's Prosecco topped EU bubbly wine exports, surpassing French Champagne.

Healthcare

How raising prices on cheap booze curbed alcohol deaths in Scotland

Scotland saved lives by raising prices on cheap supermarket alcohol, but the policy isn’t a silver-bullet solution.

Food and Drink

Sober sense is tingling: Tom Holland launches non-alcoholic beer brand

'Spider-Man' actor Tom Holland has branched out into the drinks industry through the launch of Bero, a new line of non-alcoholic beers.

Food and Drink

European bars drop in ranking for 2024's World's Best Bar list

Industry experts have come together to form the latest edition of the World's 50 Best Bars. While there are still plenty of European entries, Sips in Barcelona has fallen from the top spot.

Economy

Fancy a beer? Where in Europe will you have to pay the most tax on it?

The EU requires member states to levy a minimum excise duty on beer but the majority of countries actually charge more.

Food and Drink

How the resurrection of Carcavelos is saving a lost culture

One of the four traditional types of fortified wine was nearly killed off by 20th Century urban development. Meet the man bringing it back from the dead.

Poland

Poland plans to further tighten rules on alcohol sales for under 18s

Alcoholic drinks remain popular in the eastern European country despite the criticism. Poland ranked as Europe's third biggest beer producer in 2023, according to a Eurostat. survey, with the country also being a large exporter of vodka.

Health news

Heavy drinkers likely to change habits if alcohol had calorie labels

Some 54 per cent of heavier drinkers said in a survey that they would make changes to their drinking habits if calorie labels were introduced.

Business

Carlsberg sees 'fake' Spanish lager brewed in UK gulping into profits

A number of firms brand their beer as Spanish or Italian even though the products are brewed in the UK.

Business

Portugal seeks to fine companies using national flag to sell alcohol

A probe that coincided with the last stage of the Euros football championship finds that firms were infringing the advertising code.

Business

Diageo spirits sink as Latin American sales fail to perform

London spirits maker Diageo's shares dropped 8% in early trading as it reported plummeting sales in Latin America and the Caribbean. The spirits maker warned that challenges remain.