Finance

Troubles deepen for Treasury Wine Estates

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.

Oastbrook Estate in Sussex secures stock-based funding on maturing wine

English winery Oastbrook Estate in Sussex has secured stock-based funding from fintech platform Ferovinum on its maturing wine.

Diageo launches $100m fund to help pubs and bars recover from lockdown

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.

The 15 richest Brits in drinks

Recent acquisitions, changes in consumer habits, and the impact of Covid-19 lockdowns on sales have shaken up our ranking of the wealthiest men and women in drinks this year.

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