Latest News for: pernod-ricard

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From Samsung to BYD: Foreign companies and their tax tussles with India

The Times of India 25 Mar 2025
... Energy's $1.4 billion dispute, and Pernod Ricards $250 million claim.
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Daniel Olson and Josh McDonald: Liquor tax study a waste of money

The Spokesman-Review 21 Mar 2025
Global behemoths in the hard liquor industry, such as some of the world’s largest spirits producers Diageo and Pernod Ricard, as well as the biggest spirits distributors in our country, Southern ...
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CCI Raids Global Ad Giants GroupM, Dentsu, And Broadcasters` Body Over Price Collusion: Reports

Zeenews 18 Mar 2025
In December, the CCI conducted similar raids at the offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev over alleged price collusion with retailers in a southern state ... .
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India raids ad giants Publicis and GroupM over suspected price collusion

Business Day 18 Mar 2025
Omnicom did not respond to queries ... Top market ... In December, the commission raided some offices of alcohol giants Pernod Ricard and AB InBev as it investigated accusations of price collusion with retailers in a southern state ... Reuters  .
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Ad giants GroupM, Dentsu & broadcasters' body raided by CCI over price collusion: Report

Hindustan Times 18 Mar 2025
Also read ... 'It isn't sustainable' ... Also read ... Check details ... Also read ... In December, the CCI raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigated accusations of price collusion with retailers in a southern state.
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Pernod Ricard launches non-alcoholic aperitif

Yahoo Daily News 15 Mar 2025
The product will be sold in Germany and Austria from April ....
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China is ‘laughing’ at US trade wars, EU top diplomat says

Detroit news 14 Mar 2025
Supply Lines is a daily newsletter that tracks global trade. Sign up here ...It’s really benefiting from the US having a trade war with Europe.” ... Cognac producer Remy Cointreau SA dropped 4.5% and spirits maker Pernod Ricard declined 3.6% ... ___.
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Stock markets tumble as Trump targets booze

Hong Kong Standard 14 Mar 2025
sell-off in global stock indices," said analyst Axel Rudolph at online trading platform IG. The Standard Channel ... Shares in French drinks group Pernod Ricard, which owns two champagne houses and Jameson Irish Whiskey, tumbled about four percent ... .
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Stocks tumble again as Trump’s tariff threats push S&P 500 into correction territory

Invezz 14 Mar 2025
... the wider EU triggered a sharp sell-off in European alcohol stocks, with shares of French spirits makers Pernod Ricard and Rémy Cointreau, as well as Italy’s Davide Campari, all dropping around 4%.
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China sees US trade wars as a joke, as it pushes key allies away

Cryptopolitan 14 Mar 2025
China is watching as the United States battles its own allies over trade ... The impact was immediate ... LVMH, the parent company of Moët & Chandon and Veuve Clicquot, fell 2.2%, Rémy Cointreau SA lost 4.5%, and Pernod Ricard dropped 3.6%.
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China will benefit from US trade wars according to EU’s top diplomat

Cryptopolitan 14 Mar 2025
EU foreign policy chief Kaja Kallas said that China is “laughing on the side” and will likely benefit from the current trade issues between the US and its European trade partners ... X, kajakallas ... Moreover, Pernod Ricard fell by 3.6%.
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Trump threatens tariffs on EU wine and spirits

The Manila Times 14 Mar 2025
Trump's proposed 200-percent tax on European alcohol would create further headwinds for producers like Pernod Ricard, which has already cut its sales outlook due to Chinese duties imposed last year ... ....
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Trump threatens tariffs on European wine and spirits in escalating trade war

Korea Times 14 Mar 2025
AFP-Yonhap. U.S ... stocks is in a correction ... U.S ... World ... Trump's proposed 200 percent tax on European alcohol would create further headwinds for producers like Pernod Ricard, which has already cut its sales outlook due to Chinese duties imposed last year ... .
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Pernod Ricard, Remy, and other alcohol stocks fall as Trump threatens 200% tariff on European spirits

Invezz 13 Mar 2025
Following Trump’s announcement, shares of leading European alcohol producers saw a sharp decline. French spirits companies Pernod Ricard, Rémy Cointreau, and Italian drinks group Davide Campari all dropped more than 4% ... ....
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European stocks end lower as Trump threatens additional tariffs on EU

Anadolu Agency 13 Mar 2025
“If this Tariff is not removed immediately, the U.S ... Following these developments, wine and spirits firms Pernod Ricard, Remy Cointreau and Davide Campari all fell around 4% on Thursday ... "We are ready for whatever may happen ... .
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