London (CNN Business) — Food and drink giants Danone (DANOY) and Diageo (DEO) are the latest companies to warn that the coronavirus outbreak will cost them millions of dollars in sales and hurt profits.
LONDON (Reuters) - Diageo (DGE.L), the world’s biggest spirits company, said on Wednesday the spread of coronavirus in greater China and the Asia Pacific region could knock up to 200 million poundsoff
Coronavirus shocks have rippled through the corporate world after a large airline imposed a hiring freeze, the world’s biggest whisky maker warned on profits and a factory shutdown in Italy threatened
You’d think Banking Competition Remedies (BCR), the body in charge of dishing out £775m of subsidies to “challenger” banks, would be embarrassed. Its top pick for a handout a year ago was Metro Bank, was
(Reuters) - London’s mid-cap index slid to its lowest in more than three months on Wednesday amid worries that Britain’s upcoming budget may disappoint investors, while the FTSE 100 snapped a four-day
After adding $1.5 billion to its top line between 2016 and 2018, Diageo (NYSE: DEO), the alcoholic beverages giant, saw its revenue base shrink by about $300 million in FY 2019 (financial year ends in
So far, 2020 has not seen the most optimistic of starts, as the Coronavirus (COVID-19) spreads across the globe. While the virus began spreading in Wuhan, China, it is now in most major cities and many
Diageo, the world’s biggest spirits maker, has warned the coronavirus outbreak will knock its profits this year by up to £200m — around 5 per cent of last year’s total — as much of its Asian market goes