InBev plans £1bn deal September 3, 2008 Belgian brewer InBev is planning to put its South Korean beer business up for sale, sources said yesterday. The move is an effort to shed a noncore asset and raise what could be roughly £1bn for its purchase of US brewer Anheuser-Busch. Deutsche Bank and JPMorgan Chase will run the auction for the business, called [...]
Diageo bullish as profits rise August 29, 2008 With two world wars and a few revolutions under its belt, alcoholic drinks giant Diageo is well placed to weather the economic downturn, its chief executive Paul Walsh said yesterday when announcing the group’s results – despite warning of slowing growth ahead. The maker of Guinness and Smirnoff posted a 2 per cent increase in [...]
Working women have never had it so bad: discuss August 28, 2008 Mothers have a tough time juggling everything, but should we feel sorry for them? For decades, feminists have talked about working women’s “second shift”, the extra work they do in the home after they have finished their day’s work in the office. It seems that things are much the same now as they were in [...]
Summer is the time to drink yourself cool August 14, 2008 Never mind the weather, you can get a bit of sunshine in your glass with fresh and seasonal cocktails, says Zoe Strimpel The past week may have been dodgy weather-wise, but we’ve still got a month till summer’s officially over. Rain or shine, there’s no better way to grasp that summer feeling than a good [...]
Crazy in lobe August 13, 2008 In the world of earrings, bigger and bolder is definitely better, says Zoe Strimpel Times are changing; we’re not quite the over-mortgaging, champagne slugging society we once were. And, odd as it may sound, earrings are as good a sign of the times as any. New figures from John Lewis show sales of jewellery are [...]
High Altitude Health August 12, 2008 Zoe Strimpel tells you how to keep sharp when you’re flying At this time of year, people are flying more than ever. If you are lucky, that’s because you are getting away on a well-earned holiday. If you are still taking business trips right now, well, you probably need to make sure you are arriving [...]
RUM at the top August 8, 2008 The Caribbean spirit is entering the ranks of the premium tipples, writes Timothy Barber What do you think about when you think about rum? For lots of folk, the answer is one of two things: a glass of Bacardi and coke, or pirates. Okay, so a few people know that it forms the basis for [...]
The buck stops here: the pressure is on for the US coffee shop giant August 6, 2008 With Starbucks posting its first ever losses, is our love affair with Americanos finally over? Starbuck is weird. It comes from Seattle, which means it is only the third thing ever to come out of that city that anybody has heard of, after Microsoft founder Bill Gates and Nirvana frontman Kurt Cobain. It also takes [...]
City crisis takes its toll on marriage August 6, 2008 Job-losses mean divorce rates are rocketing, finds Anusha Bradley When the credit crunch bit, it was clear that banks were going to suffer and that things would look grim for many businesses. What was less predictable was the effect that it would have on divorce rates. According to a survey commissioned by law firm Mishcon [...]
Waving goodbye to another British summer – among the wettest ever August 1, 2008 As this weekend marked the last few official days of summer, Sunday’s storms sealed one of the “wettest summers in 52 years”. Despite highs of 27 degrees celsius in the south and east, there was little sign of sunshine and the forecast remained dull and thundery. Sun lovers had a little more luck on Saturday, [...]