The troubles at Treasury Wine Estates, Australia's largest producer, have deepened as its latest financial results show the coronavirus pandemic had added significantly to its already long list of problems.
Pernod Ricard has upgraded its forecast for 2020 with its full-year profit now expected to fall by 15% and not 20%, as stated in March.
Drinks giant Diageo will spend US$100 million on a two-year campaign called Raising the Bar, designed to help bars get up and running again in the wake of the coronavirus pandemic.