Brits, Americans drive bounceback in Bordeaux wine sales
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Exports of Bordeaux wine rose last year, making viticulturists in France optimistic about the prospect of a bounceback in the sector.
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Brewing giant Fosterâs today said that higher annual profits from sales of beer overseas had been eroded by a sharp drop in US wine trade.
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FOSTER&#39;S Group expressed renewed faith yesterday in its troubled US wine strategy despite an &quot;unacceptable&quot; one-third drop in earnings from the wine division and confirmation it would be another two years until profit growth picked up.
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European equity markets jumped on Thursday after Wall Street's sharp rally allowed the region's financial stocks to shake off news of a massive fraud at French bank Soci&eacute;t&eacute; G&eacute;n&eacute;rale.
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In Woody Allen's America, Bordeaux or Burgundy wine and other things French are always in vogue. But he admits his European sensibility makes his films less popular back home.
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Retail sales bounced back a bit in July, and new claims for jobless benefits fell last week, the government said Thursday, indicating the economy is improving from a midsummer slump.
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Brown-Forman Corp., which sells products ranging from Jack Daniel&#39;s whiskey to Lenox china, posted a better-than-expected 67 percent jump in earnings Thursday as aggressive marketing boosted sales of premium spirits and new wines.
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American consumers, who substantially slowed down their spending in late summer, roared back to life in September, boosting their purchases by 0.6 per cent.
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NEW YORK (Reuters Life!) - Nearly half of Americans are expected to celebrate Valentine's Day with a special night out. If money is no object and the finest wines are available which vintage should you select?
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Embattled French winemakers on Thursday  welcomed an easing of tough alcohol advertising laws, hoping  new rules allowing adverts with a splash of color and  imagination will cure the sector of its chronic sales headache.
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The FTSE rallied on Friday as buyers returned to the market seeking bargains after Thursday's 150-point fall.
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Brown-Forman&#39;s whiskey sales are strong but Wall Street sees cracks in the company&#39;s china sales. By Parija Bhatnagar, CNN/Money staff writer.
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Polish wine and spirits importer Racke International is banking on the wine market to boost future sales.
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After New World producers Australia and Chile, French winegrowers could soon face new competition from Britain, as global warming helps grapes take root in milder cross-Channel climes, scientists say.
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Alex Jordan thought he had found a real bargain at his local wine store: a 2003 Chateau Haut-Surget Lalande-de-Pomerol for $25. "Aromas of blackberry and light chocolate follow through to a medium-bodied palate, with soft tannins and a fresh finish," read a small sign, known as a "shelf talker," ...
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- Wine and spirits company Constellation Brands Inc.  said quarterly profit fell sharply, hurt by a plan to cut the amount of wine it ships to U.S. distributors and lower results from its UK business.
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The Indian United Breweries group has bought a major French wine producer in the west-central Loire region, the US investment company Starwood Capital said.