Heres what was making the drinks news on this day in years gone by

Here's what was making the drinks news on this day in years gone by

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

Oaktree Capital Management has relinquished its entire stake in French drinks group Belvédère.

The emerging BRIC markets' complexities - such as taxes and ad-hoc legislation- mean wine producers must approach each one separately, according to a collection of new reports.

The Coca-Cola Co has launched its global campaign for the London 2012 Olympic Games.

PepsiCo has discontinued its Pepsi Raw beverage in the UK, citing a poor performance in supermarkets.

Fomento Economico Mexicano has confirmed that it is in discussions to "explore opportunities" involving its beer business.

The Olympic Games in China, which took place earlier this summer, is expected to have a "profound effect" on spirits companies in the country, according to recent research.

Coca-Cola Amatil has ended its discussions with Golden Circle Limited (GCL) about the potential acquisition of GCL after the fruit processor rejected its revised offer in favour of another bid.

The strong rand has had a devastating effect on South Africa's wine exports to the UK, with sales tumbling by over 1m cases in the last year, according to industry stats obtained by just-drinks.

The head of Carlsberg has told the Danish press that the company could make some big purchases in the coming years. The comments come in the same week that Carlsberg has confirmed it is looking to close some of its western European breweries.

The Canadian brewer Molson announced today a profit warning, blaming lower profitablity in Brazil and lower volumes in Canada.

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