Apple tax bonanza to fuel Fine Gael housing plans
Seen & Heard: O’Flynn hits out at housing targets; TVC shareholders’ final payout; MacArdle Brewery concerns
Diageo
Guinness 0.0 sales surge as Diageo boosts production to keep pace
With sales surging almost 50%, brewery hopes to supply pints of the alcohol free plain to 2,000 pubs across Ireland this Christmas
Bushmills sales rise as it continues new spirits production
Proximo Spirits-owned Old Bushmills Distillery Company recorded pre-tax profit of €13.4 million in 2023, marginally up on previous year
Dublin’s Liberties has everything. Except vision, planning, care and attention
It’s difficult to imagine any other European city allowing the development that has blighted the Liberties
Electric Picnic vs craft beer: how Irish microbreweries are fighting back against the industry’s biggest players
The exclusion of craft beer breweries from Ireland’s largest music festival is a microcosm of the David-and-Goliath nature of the business
Dublin city centre traffic plan to get first rush-hour test today
Restrictions on city quays in place from Sunday but face first real test on Monday morning
Dublin pub lobby risks losing the dressing room over price hikes
Minimum wage workers in firing line with Government poised to delay Living Wage introduction
Markets sluggish as investors continue to pile into gold
Iseq index adds 0.3% as financials move higher
Guinness flows but Diageo’s profits dry up
Chief executive bullish that challenges are temporary but a more profound consumer shift may be under way
Why Donald Trump’s pitch to become a ‘crypto president’ is quite bizarre
The best news, analysis and comment from The Irish Times business desk
Fall in sales could spell trouble for Diageo’s ‘premium’ strategy
Guinness and Johnnie Walker maker reported its first global sales slump since the pandemic this week
Diageo slumps to first annual sales decline since 2020
Sales in Ireland increased 7% last year, primarily driven by Guinness
Neglected Dublin theatre could be in line for a revival
The Rupert Guinness Theatre requires ‘substantial investment’; Def Leppard frontman at the top of the tree; and Garret FitzGerald’s love note from Sophia Loren
‘Philadelphia has always played second fiddle to New York and we kind of like it that way’
Wild Geese: Declan Duggan builds up beverage brands in the US
Diageo to spend €100 million to decarbonise St James’s Gate brewery by 2030
Taoiseach Simon Harris acknowledges company’s role in leading industry through green transition
Way clear for Diageo to build new €200m Newbridge brewery
Sole objector to plans by drinks giant and Guiness brewer withdraws High Court challenge
Price of a pint of Guinness to rise by almost 10 cent in Diageo move criticised by publicans
Publicans describe move as ‘hammer blow’ to sector
Dublin City traffic plan not so good for Guinness
Proposed bus gates along city quays would increase truck journey times, raise CO2 emissions, and cost Diageo up to €2.2m annually
Global stocks slide as investors fear big tech stocks may miss targets
Ryanair was down 0.5% as the airline gave up some of the 4% gain it made on Monday despite reporting lower profits
Guinness sales boosted by strong take-up in the stout among women
Sharp decline in Latin America weighs on its overall performance
China starts investigation into EU liquor after bloc’s EV inquiry
Move comes months after the EU started an investigation into Chinese subsidies for electric vehicles
Diageo wins planning permission for new €200m brewery in Co Kildare
Company says construction of brewery in Littleconnell will begin in early 2024, following withdrawal of appeal that stalled the project
Is Diageo about to call time on its Irish ales and lagers?
News publisher Axios says Diageo is planning to sell its beer portfolio, with the exception of its Guinness stout
Diageo seeks to sell Smithwick’s, Harp and Kilkenny on margin concerns – report
Axios reported that the spirits giant is seeking to divest its non-Guinness beer portfolio
European shares rise to two-month high
Wall Street also advances as investors bet Federal Reserve has reached end of interest rate hikes cycle
Diageo Ireland boss Barry O’Sullivan: ‘Behaviour towards alcohol is shifting’
Guinness 0.0 could eventually constitute 15% of Guinness sales, drinks group chief says
Heineken axes Island’s Edge stout, Aldi’s profits dip, and thousands ‘illegally’ paid less than minimum wage
The best news, analysis and comment from The Irish Times business desk
Heineken Ireland axes Island’s Edge stout
Stout backed with multimillion euro marketing campaign failed to lure drinkers
Diageo warns that delays could jeopardise Kildare brewery
Appeal against €200 million carbon-neutral project has stalled progress
Dunnes Stores to open in Point Village, Irish-Saudi business links, and fantasy rail strategy
Business Today: the best news, analysis and comment from The Irish Times business desk
The Irish Times Business Person of the Month: Barry O’Sullivan, managing director of Diageo Ireland
The drinks giant invested €25m in new tanks for its St James’s Gate brewery in a move to increase capacity to meet rapidly growing demand for its non-alcoholic offering, Guinness 0.0.
Diageo vs Diddy spat exposes risks of celebrity deals
Accusations fly ahead of hearing to establish whether case between drinks giant and rapper should proceed to trial
Climate crisis, what climate crisis? Rishi Sunak rebrands new fossil fuel licences as ‘energy security’ plan
Planet Business: Tequila sales go gangbusters for Diageo, Steve Jobs’s son sets up cancer research venture capital fund and Democrat troops spread the message on ‘Bidenomics’
Diageo full-year sales beat estimates as whiskey, tequila and Guinness remain popular
Drinks giant saw organic net sales rise 6.5 per cent in the year to June 30th despite the impact of rising energy prices
Price of a pint of Guinness to rise by 4 cent next month
Diageo cites rising business costs as reason for the increase, the second hike announced by the company this year
Digital Learning Institute raises €1.8m in funding as it plans international expansion
Company also appoints new chief executive to lead future growth
Dee Forbes’ position on advisory board of Smurfit Business School in UCD could prove to be awkward
Any Other Business: McKillen becomes Vietnam’s honorary consul, RTE Player on Sky, the NTMA and bonuses, and Euronext’s plea on share trading tax
Staff unrest at Intercom, Davy downgrades Irish GDP forecast, and Diageo’s €25m brewery investment
Business Today: the best news, analysis and comment from The Irish Times business desk
Diageo invests €25m into Guinness brewery to ramp up production of non-alcoholic stout
New tanks, with capacity of almost 90 million pints, will ramp up production of Guinness 0.0 by 300%
Diageo says two appeals against its planned Newbridge brewery should be dismissed
Bord Pleanála told the €200m project is subject to ‘significant programme pressures’
Ballymore gets green light to develop part of Guinness brewery in Dublin for housing, hotels and offices
The scheme is set to include 336 build-to-rent units, two hotels, offices, a food hall, a performing space and landscaped public area
Bondi Beach’s latest attraction: a 4m-high recycled plastic turd
Planet Business: Coldplay’s carbon-friendly tour, Diageo’s Debra Crew and Apple gets its ducking act together on autocorrect
Shares flirt with 13-month high in listless trade
Pan-European benchmark Stoxx 600 index dips 0.19 per cent as investors pause ahead of ECB and Fed meetings
Water crisis threatens supply of Guinness and other drinks, Diageo warns
Drinks giant used 17.5bn litres of water across its group operations last year
Stanley Tucci in Dublin: ‘We love Kerrygold – we have vats of it in our house’
The US actor and director will be talking to the novelist and cookbook writer Marian Keyes at International Literature Festival Dublin
Diageo’s €200m Newbridge brewery plan attracts lone objector
Athy resident says he backs project but that it should be located in his town on environmental grounds
The art of the mix
World-class mixologist Cal Byrne talks about Ireland’s cocktail resurgence, how to pack a punch and why you won’t see him throwing shapes behind the bar
Diageo finally quits Irish Stock Exchange
Guinness owner’s move is another loosening of its ties to Ireland
PwC note advises clients to sell assets before Sinn Féin takes power
Seen & Heard: Also in the news, DPP file on Russian sanctions violation, Guinness brewery closure in US, and redundancy packages for Meta staff
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices