Friday, 7 Aug 2020

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Diageo to launch Johnnie Walker whisky in paper bottles in 2021

(Reuters) – Johnnie Walker scotch whisky will be available in plastic-free bottles from early 2021, Diageo Plc said on Monday, as the world’s biggest spirits maker ramps up efforts to tackle plastic waste. The new bottle, developed in partnership with venture management company Pilot Lite, will be made from wood pulp that meets food grade […]

U.S. bank shares drop as Fed sets limits following stress tests

NEW YORK (Reuters) – Shares of U.S. banks dropped on Friday, with Wells Fargo’s (WFC.N) stock falling more than 6% and Goldman Sachs Group Inc (GS.N) down 7%, after the Federal Reserve capped dividend payments and barred share buybacks until at least the fourth quarter after its annual stress test. The S&P 500 banks index […]