Reading Time: < 1 minute Sydney | Reuters –– Australia’s Treasury Wine Estates, the world’s biggest standalone wine maker, said Wednesday it had agreed to buy most of Diageo Plc’s U.S. and British wine operations for US$552 million (C$716 million). Treasury also announced a fully underwritten rights issue to raise around A$486 million (C$460 million) to fund the acquisition. The […] Read more
Treasury Wine to buy Diageo U.K., U.S. wine assets
EU lawmakers urge calorie content labels to cover alcohol
Reading Time: < 1 minute Brussels | Reuters — European beer, wine and spirits makers should inform consumers about the amount of calories in their drinks via clear labelling, EU lawmakers said Wednesday. Most foods and drinks are subject to legislation mandating labels with nutritional and ingredient information, but alcoholic drinks are exempt. The European Parliament voted in favour of […] Read more
China’s wine growers beat France into second place
Reading Time: 2 minutes Paris | Reuters — China overtook France last year as the world’s second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand. The world’s second largest economy, which since 2013 consumes more red wine than any other country, has more than […] Read more
The olive groves and vineyards of Liguria
Italy’s tiny farms are clinging to life as tenaciously as they cling to their hillsides. Now it appears they may have found their road to success
Reading Time: 7 minutes The road to the farm called I Cianelli runs out of the seaside resort of Andora, Italy, through the basil fields behind it. Narrow at first, the road curves up the stony hillside to a ledge overlooking the Mediterranean Sea, for it is here, from an impressive limestone house surrounded by native brush and olive […] Read more
That’s the spirit
Farm smarts, an incredible dose of dedication, and intense passion for their products are driving these two ventures into consumerism
Reading Time: 9 minutes Maybe these two startup agribusinesses are riding the coattails of B.C.’s wine industry. Or, maybe they’re on to something unique and innovative. Either way, they’re succeeding in farm-based ventures based on the passions of their customers, and they are thriving on the essential passion of their owners. With the summer tourist season barely six weeks […] Read more
A message from April Stewart, Country Guide's Associate Editor
