The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

Norway’s newly-elected centre-right Government is about to herald a major shake-up of the country’s drinks sector.

Surging sales in Asia-Pacific and Latin American drove global volumes of flavoured and functional waters up by 7.4% to 11bn litres last year, with Europe the only region seeing a fall, according to latest figures.

The Coca-Cola Co has reported a single-digit drop in nine-month net profits and sales, but profits decreases slowed as third-quarter results improved.

Italian drinks firm Illva Saronno has put its weight behind the Irish whiskey category by acquiring a 50% stake in the producer of The Irishman brand.

Carlsberg has started construction on a major new brewery in southern China as it targets an annual 15m-hectolitre capacity in the country by 2015.

PepsiCo has posted a strong jump in year-to-date group profits, but North American beverages dragged on the Q3 performance as CSD volumes dropped by mid-single digits.

Diageo has posted a weaker-than-expected sales lift in its fiscal first quarter, blaming the end of its Jose Cuervo agreement for the performance.

A strong performance in Africa and signs of improvement in Europe and North America has seen SABMiller deliver a single-digit rise in first-half sales.

A tough second quarter has sent Remy Cointreau's half-year sales further into the red.

New Zealand winery Highfield Estate has been put up for sale following the death of its co-owner.