Finance

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.

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.

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.

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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