Exclusive: Oligarch Swoops For Vodka Giant
A Russian billionaire-backed fund is in exclusive talks to buy Poland's top spirits firm for nearly £600m, Sky News understands. A fund backed by one of the Russian businessmen who netted billions of dollars from the sale of a joint venture with BP is in talks to buy...
Putting Some Fizz into the Wine Market
When talking about Bordeaux, many Chinese people know it is the most famous luxury wine production and trading base in France. However, when talking about the Champagne region in France, many are unaware that it is the only production region for champagne in the world...
Caricom rum producers in talks with US officials
BRIDGETOWN—Caribbean Community (Caricom) rum producing countries are holding high-level talks with the United States on resolving issues surrounding the rum industry in the region, Prime Minister Freundel Stuart announced. A government statement said that Prime...
Sunday liquor sales battle brewing in Indiana
An effort is afoot to change Indiana's law, but owners of liquor stores say the move would be devastating Indiana is the toughest place in the nation to buy take-home beer or liquor on Sundays. While most states limit Sunday alcohol sales in some ways, Hoosiers face...
Private group to advocate for privatizing Pennsylvania liquor stores
HARRISBURG — A new coalition of citizens, businesses and groups supporting liquor privatization will announce next week a push for the state store divestiture plan Republican Gov. Tom Corbett soon will announce, a leading advocate said Friday. What’s been missing in...
The ice cubes that know when you’re drunk
A high-tech way to maintain a healthy buzz and avoid a massive blackout. We've all had nights when we drank too much, and mornings when we woke up wishing someone had stopped us after our second drink, rather than our fifth. Dhairya Dand, an inventive MIT Media Labs...
Finally, a wine that has medicinal properties!
A biochemist-turned-winemaker in Queensland, Australia has claimed to have created what drinkers had only dreamed of - wine that is beneficial to your health. Greg Jardine, founder of Mt Nebo-based company Dr Red Nutraceuticals, filed a patent for Modified Polyphenol...
Ohio’s Booze-backed Bond Deal Could Be Trend Setter
In what could be one of the largest mixes of taxable and tax-exempt bond deals of its kind, Ohio officials are moving forward with a roughly $1.5 billion offering that will be secured with profits from the sale of liquor. The deal has been mired in controversy since...
Grape prices expected to remain strong in 2013
North Coast grape growers and the wineries that buy their fruit have achieved a rare state of balance. After a strong year for grape prices in 2012, Sonoma County's largest crop should hold its value in 2013, said Glenn Proctor, partner with San Rafael grape brokerage...