June, 21, 2011 Has SABMiller made a dingo's breakfast of £6.2bn Foster's bid?

It’s been a heavy morning for UK-based brewer SABMiller, which saw its shares tumble by almost 3% after it failed to impress the management of Australia’s largest brewer, Foster’s, with a £6.2bn takeover bid. Foster’s, by contrast, saw share prices jump by 13% after it turned down the bid o...

June, 21, 2011 South Africans considering their trade show future

Many South African wine companies might not return to Vinexpo or the London International Wine Fair in future years due to the fact they believe ProWein in Germany is a more effective show from a business perspective.Speaking at Vinexpo in Bordeaux yesterday, Kleine Zalze managing director Kobus Bas...

June, 21, 2011 US: Can the Legislature kill Oregon's wine industry?

Do you want to see headlines like this: "Medford to host wine tourism event in November" — or like this: "Fruit Growers League disbands after 96 years"? The wine industry is one of the few economic bright spots in Oregon's economic picture. With a little encouragement that can continue. But the...

June, 21, 2011 Global wine production falls, but consumption remains stable and exports increase

The FINANCIAL - If the world lost about 0.8% of its vineyard surface during 2010 and wine production fell to 1998 levels (263.8 millions of hectolitres or Miohl), the wine sector can still rely on consumers: global wine consumption increased a 0.4% reaching 238 Miohl, thus breaking the trend downwar...

June, 20, 2011 US: Grapegrowers Face Herbicide-Resistant Weeds

Davis, Calif.—Weed resistance to herbicides is increasingly a concern in California vineyards; several weed species are reportedly resistant to the glyphosate-based herbicides commonly used in vineyards. Scientists at the Weed Research and Information Center (WRIC) at the University of California,...

June, 20, 2011 Shanghai government sets up International Wine Exchange

Shanghai's local government has set up an international trading platform to educate wine investors and to sell approved stocks of fine wines. The Shanghai International Wine Exchange is an internet platform which aims to be a bridge between consumer or investors, and fine wine producers or suppliers...

June, 20, 2011 US: Battle over direct wine shipments heats up

States continue to open their borders to direct-to-consumer wine shipments, while a federal proposal to roll back direct shipments is currently stalled in the U.S. Senate, according to Free The Grapes, a wine advocacy group. HR 1161, which critics say will make it harder to ship wine directly to ...

June, 20, 2011 Minister slams EU planting liberalisation

Bruno Le Maire French Minister for Agriculture, has spoken out against European Union plans to relax grape planting regulations, which he believes will threaten the continent’s ability to compete in the global wine market. n a speech at the official opening of Vinexpo yesterday, Le Maire criticise...