Zut alors: World’s oldest wine club The Wine Society provokes backlash from cancelling “booze cruises” as it closes down French showroom October 6, 2016 The Wine Society has been caught in a storm of backlash after closing its showroom in France without proper consultation with members, who will now not be able to go on cross-Channel "booze cruises". Members of the world's oldest wine club were left fuming after the society announced earlier this year that it would be [...]
Leading economist Lord Nicholas Stern has the world economy could “self destruct” if we don’t stop doing this October 6, 2016 Leading economist and climate change researcher Lord Nicholas Stern has said the global economy could "self destruct" if humans do not stop using fossil fuels. However, Stern added that "strong investment" in green, renewable technologies could revive world growth. The professor and author of the watershed Stern Review on the economic effects of climate change issued [...]
What we learned from baking a new Candy Crush-inspired cake with Great British Bake Off series four winner Frances Quinn October 6, 2016 For most of the country, the 10 weeks of the Great British Bake Off has a similar effect on our hobbies as Wimbledon does each year. Instead of a spike in tennis lessons, GBBO inspires us to all take up part-time baking, become people that would never dream of making a creation with a soggy [...]
Japan’s Asahi to bid for SABMiller’s European beers once Megabrew deal closes next week October 5, 2016 Japanese drinks giant Asahi is brewing a more than 500bn yen (£3.8bn) offer for SABMiller's Eastern and Central European beers, according to reports. Local newspaper Nikkei said yesterday Asahi is interested in SABMiller's beer businesses in the Czech Republic, Poland, Slovakia, Romania and Hungary, which include beer brands such as Pilsner Urquell and Lech. Read more: SABMiller [...]
Constellation Brands lifts full-year guidance after “winning” the 4 July holiday and profit boost from acquisitions October 5, 2016 Shares in the US owner of Corona Extra, Constellation Brands, were up in morning trading New York time after the beer and spirits maker posted better-than-expected second quarter revenues. The figures Net sales grew 17 per cent to $2.02bn (£1.6bn) in the second quarter, while operating income rose 27 per cent to $611m. Constellation's beer brands, [...]
British scientist Sir J Fraser Stoddart among three 2016 Nobel Prize for Chemistry laureates for making the world’s “smallest machines” October 5, 2016 A British professor was among this year's laureates for the Nobel Prize in Chemistry, which was awarded to a trio of scientists for making the world's "smallest machines". The 8m Swedish krona (£724,000) prize money was split equally between the three winners, French Jean-Pierre Sauvage, Scottish Sir J Fraser Stoddart and Dutch Bernard L Feringa. In each of their research, [...]
Megabrew merger between AB InBev and SABMiller inches closer as SAB shares suspend trading on London Stock Exchange October 5, 2016 Shares in British drinks giant SABMiller suspended trading on the London Stock Exchange this morning as the Megabrew merger between SAB and Belgian beer giant Anheuser-Busch InBev inches closer. Yesterday, the UK's High Court gave its approval to AB InBev's £79bn takeover and the holding company for the combined company, Newbelco, listed 1.7bn shares on the Johannesburg [...]
Brent crude gets comfortable above $50 and WTI rises two per cent on fifth consecutive fall in US crude stocks October 5, 2016 Oil prices rose around two per cent yesterday, hitting their highest level since June, after the fifth weekly fall in US crude inventories. Crude stockpiles in the US fell three million barrels last week, according to data released by the Energy Information Administration (EIA), overturning a Reuters forecast of analysts that expected an increase of [...]
Bookies think Steven Woolfe is most likely to be the next leader of Ukip though they aren’t ruling out a third comeback for Nigel Farage October 5, 2016 The UK's biggest high street bookmakers haven't ruled out Nigel Farage returning to the helm of Ukip for a third time, though the party's migration spokesman Steven Woolfe is being tipped to take the top spot. Ukip was plunged into another search for a leader yesterday after Diane James stepped down, having spent just 18 days [...]
Raise a dram to this 50-year-old whisky… If you have £20,000 to spare, that is October 5, 2016 A new whisky has been launched today that would leave Don Draper scrabbling for a dram – and his wallet. The world's number two whisky brand, Scotch giant Glenlivet, has unveiled the second release from its luxury Winchester collection, a 50-year-old Vintage 1966 worth an eye-watering £20,000 a bottle and created by then-master distiller Robert Arthur. [...]
