Wine Industry News

February, 15, 2013 US: East Coast Faces Rising Seas From Slowing Gulf Stream

(ClimateCentral) - Experts on the sea level rise triggered by climate change have long known that it will proceed faster in some places than others. The mid-Atlantic coast of the U.S. is one of them, and the reason — in theory, anyway — is that global warming should slow the flow of the Gulf Str...

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February, 15, 2013 California Wine May Not Pair With French Cheese in Talks

(Bloomberg) - Europeans and Americans, linked by shared cultures and centuries of history, are about to face off over some of the toughest issues that divide them: cheese, wine, foie gras and steak. Farm products will be a central part of negotiations aimed at creating a trade agreement between t...

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February, 14, 2013 Coca-Cola CEO snubs wine for beer

(TheDrinksBusiness) - Coca-Cola Amatil chief executive Terry Davis has made it clear that the Sydney-based drinks company has no intention of making a bid for Treasury Wine Estates. Speaking to The Australian, Davis, who ran Foster’s wine business before joining CCA, said he has no interest in buy...

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February, 14, 2013 Wine Press: What is the best place to grow grapes and make wine?

(DailyPress) - Where is the best place to grow grapes and make wine? The answer to that question is simply: LOCATION, LOCATION , LOCATION! You will find that most if not all wine grapes are grown in temperate climates where it isn’t too hot or too cold. Most grape varietals prefer cool climate...

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February, 14, 2013 AUS: Strange case of the evaporating wine

(ABCNews) - A big shipment of wine from South Australia seems to have 'evaporated' while being transported east. Police are investigating after 60,000 bottles of wine from 12 McLaren Vale wineries failed to arrive at a depot in New South Wales. The trailers arrived with no stock on board. T...

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February, 14, 2013 AVA Boosts Profile for Southern Oregon

(Wines&Vines) - The designation of a new viticultural area in Oregon’s Umpqua Valley will help local wineries hone the story of winemaking in southern Oregon. The new Elkton Oregon AVA, which becomes effective March 7, was announced last week by the Alcohol and Tobacco Tax and Trade Bureau. It enc...

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February, 14, 2013 AB InBev revises Modelo deal to clear U.S. objections

(Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, has revised the terms of its $20.1 billion takeover of Mexican brewer Grupo Modelo (GMODELOC.MX) to overcome U.S. government objections that it would have restricted competition. The U.S. Department of Justice (DOJ) filed a la...

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February, 14, 2013 Iranian prince gets shafted by spendthrift Frenchman who bartered expensive wine for free meals and pilfered to pay rent: suit

(NYDailyNews) - Prince Kamran Abbas-Vahid claims Charles Moreau swindled $500,000 from their company Lions Wines to pay for daugther's daycare, cable bills, clothing and Financial District rent. An Iranian prince says he was royally shafted by his business partner in a New York wine company. In ...

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