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  • US: Finger Lakes wine a boon to economy

    July, 31, 2011
    With much of New York's economy in slow decline, the wine industry is providing a bright spot, especially in the Finger Lakes, the state's largest wine-producing region. The industry generates $3.75 billion in annual economic activity, including employment, tourism, new investment and sales reven...

  • DRINKING WINE COULD CUT THE RISK OF SUNBURN

    July, 29, 2011
    SCIENTISTS reckon a glass of wine could help prevent sunburn and skin cancers. The scientists say special compounds in the grapes used to make the tipple can protect skin. The breakthrough is good news for those who like a glass of vino or Sangria on their summer holidays. Experts say the disc...

  • Chilean wine giant sells in 136 countries

    July, 29, 2011
    At Concha y Toro, they definitely are not turning water into wine. In fact, this biggest wine producer in Latin America is using about 40 per cent less water than the global average in getting those grapes into your glass.Earlier this month, Concha y Toro became the first winery in the world to offi...

  • Leaders Give Russia No Reason to Sober Up

    July, 29, 2011
    The other day, Russian President Dmitry Medvedev signed a law equating beer with alcoholic beverages, a move that restricts its advertisement and limits its sale and distribution. Unfortunately, the decision can mean only one thing: The vodka lobby trumped the beer lobby. People's health won’t im...

  • AUS: Foster's does not rule out takeover talks with SABMiller

    July, 29, 2011
    (Reuters) - Australian brewer and takeover target Foster's (FGL.AX) on Friday did not rule out takeover talks with suitor world No.2 SABMiller (SAB.L), but said the spurned $10.4 billion offer was so low it was not worth discussing. Foster's new Chief Executive John Pollaers, facing a barrage of ...

  • AUS: Penfolds Grange denies setting minimum retail price

    July, 29, 2011
    Treasury Wine Estates CEO David Dearie has strongly denied Penfolds will set a minimum price for Grange, and that he had been quoted out of context. In an interview with The Drinks Business, Dearie was quoted as saying ‘Next year we will set a minimum price [for Grange] and you must hit that minim...

  • US: Domestic Wine Sales Up 9%

    July, 29, 2011
    an Rafael, Calif.—Domestic wine sales in July grew nearly as fast as the economy of China, reaching $440 million, according to check stand scan data from major U.S. food and drug stores. The four-week growth rate for wine was 9.1% higher than the same period last year, nearly matching China’s 9....

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