Finance

Despite a 77% profit fall, Pernod Ricard’s share price is rising

Following a "solid" first half of its financial year, Pernod Ricard demonstrated its "resilience and agility" by beating its own forecast about the ravages of Covid-19 in the second six months.

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.

Pernod Ricard upgrades outlook for 2020

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.

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.

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