Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • FTSE 100 Live
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Macquarie ups stake in Argentex founder’s fintech as it clinches licence

      Tenora staff members in a professional meeting discussing business strategies and developments in a modern office setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Sawe and Adidas London Marathon record could see athletes jump from Nike

      A bustling city street with diverse pedestrians and iconic skyscrapers under a clear blue sky, reflecting urban vibrancy.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Why awe-inspiring Anguilla is the Caribbean’s best-kept secret

      Scenic view of Anguillas pristine Caribbean beaches with turquoise waters and clear blue skies, highlighting island paradise.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide
  • Sign In
  • Sign Out
  • My Account

Spirits Industry

  • Diageo shares slide on profit warning after weak Chinese demand

    Business

    Shares in FTSE 100 drinks giant Diageo have fallen after weak demand in China and the US hurt sales and profit expectations. The group said its operating profit growth was set to be in the low to mid single-digit range for the year to June 2026, down from its previous guidance of mid single digits. [...]

    As well as Guinness, Diageo also owns Johnnie Walker, the world's best-selling Scotch Whisky

Trending Articles

  • Bank of England dissenters expected to back interest rate hikes

  • WH Smith successor delays ‘aggressive’ restructuring which will shut stores

  • Big Four carnage as KPMG swings the jobs axe on both sides of the Pond

  • Banks brace for potential tax raid if Starmer is ousted

  • Does Life Coaching work? We booked a session to find out

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited