May, 06, 2010 Diageo sales boosted by emerging markets

Diageo, the world's biggest spirits group, beat forecasts with a big sales rebound in the first three months of 2010 on Thursday as the recovery kicked in led by strong emerging market growth. The London-based maker of Smirnoff vodka and Captain Morgan rum said it had seen signs of fragile recovery ...

May, 06, 2010 Blackmailer threatens to poison 'world's most expensive wine' vineyard

A French blackmailer attempted to extort one million euros from the estate of Romanée-Conti, the world's most expensive wine, by threatening to poison the vines, it has emerged.Producers of the Burgundy wine, which can fetch more than £15,000 a bottle, received a letter from the man earlier this y...

May, 05, 2010 Wine industry set for holocaust

There is no better metaphor for the Australian wine industry than its National Wine Centre, which has finally become a busy pavilion for weddings.It lies there, ribs poking skyward, its drying gizzards wriggling with brides. Its biggest publicity – ever – followed the assault of our Premier by R...

May, 05, 2010 Currency Hedging Protects Wineries

Vancouver, B.C. -- Wineries hoping to make their flagging dollars go further are joining a growing number of firms that practice hedging to make volatile foreign exchange markets work for them.Hedging reduces risk for wineries by reducing exposure to fluctuations in exchange rates, either through ac...

May, 05, 2010 Co-op plants vineyard in Gloucestershire

UK supermarket The Co-operative Group is to produce its own English wine from vines planted on one of the company's farms in Gloucestershire. The six-acre vineyard in Down Ampney, near Cirencester, will produce a white wine, mainly from the Ortega grape variety, from about 2014. The wine will be sol...

May, 05, 2010 European Grapevine Moth Could Force Quarantine in Fresno County

FRESNO,CA -- A tiny bug could spell big trouble for agriculture in the Central Valley as moth traps are confirming the presence of a destructive predator. Action News has learned a quarantine is in the works because the European Grapevine Moth has been detected in Eastern Fresno County. After fi...

May, 05, 2010 Wine and immigration

Picking grapes is hard work. There’s some skill involved, as I learned when I tried it myself. But mainly, it’s back-breaking labor and it pays poorly.You won’t find many Americans picking wine grapes, or harvesting any other kind of fruit or vegetable. The California wine industry needs hundr...

May, 04, 2010 Small study of Glaxo "red wine" drug suspended

(Reuters) - A clinical trial testing an experimental GlaxoSmithKline drug that mimics a health-boosting compound found in red wine has been suspended due to safety issues.A company spokeswoman said on Tuesday that the trial of SRT501 in patients with multiple myeloma had been suspended after a numbe...