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[ Wed, Feb 05th 2025 ]: CNET
Homeowners, Don't File Your Taxes Till You Check All These Tax Breaks for Your House
[ Wed, Feb 05th 2025 ]: MSN
MGIC Investment Corporation (NYSE:MTG) Q4 2024 Earnings Call Transcript
[ Wed, Feb 05th 2025 ]: AOL
Alphabet, Meta, Microsoft set to spend $230 billi .. n this year as hefty AI bills come under scrutiny
[ Wed, Feb 05th 2025 ]: MSN
Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports
[ Wed, Feb 05th 2025 ]: CNET
Worried About Data Breaches? Here's How to Freeze Your Credit Right Now
[ Wed, Feb 05th 2025 ]: indepthnh
U.S. Rep. Goodlander Demands Answers About Musk Access to SBA Systems
[ Wed, Feb 05th 2025 ]: Kiplinger
Is Disney Stock Still a Buy After Earnings?
[ Wed, Feb 05th 2025 ]: Kiplinger
AMD Stock Falls Despite Earnings Beat: What to Know
[ Wed, Feb 05th 2025 ]: MSN
Disney price hikes help fuel earnings growth as streaming business posts profit
[ Wed, Feb 05th 2025 ]: AOL
Polestar's CEO: 'Serious' tariff obstacles will limit product choice
[ Wed, Feb 05th 2025 ]: MoneyWeek
MPs launch inquiry into AI and financial services - is it time to regulate the robots?
[ Wed, Feb 05th 2025 ]: Kiplinger
The Two Reasons Alphabet Stock Is Sinking After Earnings
[ Wed, Feb 05th 2025 ]: Forbes
Trump Tariffs Live Updates: USPS Does A U-Turn An .. ys It Will Continue Accepting Packages From China
[ Wed, Feb 05th 2025 ]: Forbes
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[ Wed, Feb 05th 2025 ]: MSN
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[ Wed, Feb 05th 2025 ]: Tuko
List of Taxes, Levies CS Mbadi Could Spare from Rate Hikes in Finance Bill 2025
[ Wed, Feb 05th 2025 ]: businessday
Tech, finance, governance on focus at 2025 Omniverse Africa Summit
[ Wed, Feb 05th 2025 ]: Forbes
The Smartest Businesses For 2025: Where The Money Is Now
[ Wed, Feb 05th 2025 ]: Tuko
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[ Wed, Feb 05th 2025 ]: Reuters
Exclusive: India accuses Kia of evading taxes of $155 mln in VW-like dispute
[ Wed, Feb 05th 2025 ]: AOL
AMD posts Q4 earnings beat, strong Q1 forecast
[ Wed, Feb 05th 2025 ]: Reuters
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[ Wed, Feb 05th 2025 ]: Mint
ITC, IndiGo to Bajaj Finance: SBI Securities picks 5 stocks to buy after Budget 2025
[ Wed, Feb 05th 2025 ]: Reuters
Japanese brokerage Nomura doubles third-quarter profit
[ Wed, Feb 05th 2025 ]: Reuters
Sweden's Handelsbanken Q4 net profit beats forecast
Tue, February 4, 2025
[ Tue, Feb 04th 2025 ]: cnbctv18
Aye Finance partners with Credgenics to enhance debt collection processes
[ Tue, Feb 04th 2025 ]: AOL
DeepSeek has tilted the balance towards open source AI, but big security issues remain
[ Tue, Feb 04th 2025 ]: Fortune
Home News Tech Finance Leadership Well Education Fortune 500
[ Tue, Feb 04th 2025 ]: CNET
Will You Owe Taxes With the New IRS Rule for Venmo, PayPal and Cash App Payments?
[ Tue, Feb 04th 2025 ]: Forbes
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[ Tue, Feb 04th 2025 ]: Forbes
Future-Proofing Treasury: Three Key Strategies For Staying Ahead
[ Tue, Feb 04th 2025 ]: ABC
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
[ Tue, Feb 04th 2025 ]: Kiplinger
PayPal Stock Falls Despite Earnings Beat, Strong Outlook
[ Tue, Feb 04th 2025 ]: Kiplinger
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[ Tue, Feb 04th 2025 ]: AOL
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[ Tue, Feb 04th 2025 ]: Forbes
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[ Tue, Feb 04th 2025 ]: AOL
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[ Tue, Feb 04th 2025 ]: cnbctv18
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[ Tue, Feb 04th 2025 ]: MSN
Trump wrong, U.S. banks can and do operate in Canada, association and professor say
[ Tue, Feb 04th 2025 ]: MSN
China imposes retaliatory tariffs on US goods including coal, crude oil, and some vehicles
[ Tue, Feb 04th 2025 ]: Reuters
Singapore's GIC appoints Bryan Yeo as group chief investment officer
[ Tue, Feb 04th 2025 ]: Reuters
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[ Tue, Feb 04th 2025 ]: Tuko
NCBA Bank Announces Several Jobs for Kenyans in February 2025
[ Tue, Feb 04th 2025 ]: Reuters
ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO
[ Tue, Feb 04th 2025 ]: cryptonews
Bitcoin Miners Consider Hashrate Derivatives as BTC Price Rises
[ Tue, Feb 04th 2025 ]: decrypt
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[ Tue, Feb 04th 2025 ]: Malaysiakini
Brace for impact: Guan Eng proposes six shields against Trump's tariffs
[ Tue, Feb 04th 2025 ]: MSN
Trump's tariff critics are trading on overblown and unfounded fears

Companies start counting potential costs of Trump's tariffs

Diageo, the world's largest spirits company, has withdrawn its medium-term sales forecast due to a significant slowdown in Latin America and the Caribbean, which was more severe than anticipated. The company, known for brands like Johnnie Walker whisky and Tanqueray gin, reported a 1.4% drop in organic net sales for the first half of its fiscal year, with a particularly sharp decline in the second quarter. This region, accounting for about 11% of Diageo's sales, experienced a 23% drop in sales due to reduced consumer spending and inventory destocking. Despite this, Diageo's CEO Debra Crew expressed confidence in the company's long-term growth prospects, supported by its diverse portfolio and strong market positions in other regions. The company also announced a share buyback program of up to $1 billion, signaling its commitment to returning value to shareholders.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/retail-consumer/diageo-withdraws-medium-term-sales-forecast-2025-02-04/ ]