Heres a look at what was happening on this day in...

Here's a look at what was happening on this day in...

Here's a look at what was happening on this day in...

Diageo has provided some more detail behind its plans to make substantial savings going forward, but declined to detail any possible job losses.

The US Department of Justice has moved to block Anheuser-Busch InBev's proposed takeover of Mexico's Grupo Modelo.

PepsiCo's Diet Mountain Dew, Brisk and Starbucks soft drinks brands have broken the US$1bn annual sales barrier.

PepsiCo has received approval from the Russian competition regulator to acquire Wimm-Bill-Dann.

The US government is planning to introduce voluntary guidelines governing the advertising of food and drink to children, while the First Lady will soon be heading her own campaign to fight childhood obesity. The next few months are therefore likely to be more than a little interesting for representatives of the soft drinks industry stateside.

SABMiller has acquired a 71% stake in Romanian brewer Bere Azuga, as it looks to expand in the country's fast-growing beer market.

The head of Vin & Sprit's spirits division has said that the current global economic uncertainty should not affect the unit in 2008.

The Coca-Cola Co. has bolstered its non-carbonates portfolio with the acquisition of US firm Fuze Beverage.

Workers at Heineken's flagship Russian brewery in St. Petersburg have created their first trade union - and could table demands for a 50% pay hike next week.

The French water group Danone has not yet reached an agreement with Coca-Cola over new terms for its US bottled water joint venture with the soft drinks giant.

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