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Drop in Latin American drinking prompts Diageo to issue profits warning

Shares fall in world’s largest spririts company as consumers seek cheaper brands

Guinness-owner Diageo suffers steepest share fall since 1997 after profit warning

Diageo’s shares have plunged after the Johnnie Walker and Guinness owner warned of a major slowdown in sales and warned over profits.

Caribbean sales slump rocks Diageo: Shares in biggest fall since 1987

In a bruising setback for new boss Debra Crew, the drinks giant said sales in the region are set to fall by more than 20 per cent in the six months to the end of December.

Two Fil-Am execs among Outstanding 50 Asian Americans in Business — Dateline USA

'Resilient' Diageo shrugs off rising cost pressures

Debra Crew said that the company is well-positioned to deliver sales growth of 5 per cent to 7 per cent between now and 2025.