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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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US billionaire wins fake wine case

Category : World News

US billionaire William Koch wins damages in a legal case he brought against a businessman who sold him two dozen bottles of fake wine.

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SA farm workers get 52% pay rise

Category : World News

South Africa increases the basic daily wage of farm workers by 52% following a violent strike in the wine-producing Western Cape region.

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Naples Winter Wine Festival Raises More Than $8.5 Million for Children’s Charities

Category : World News

World’s Most Successful Charity Wine Auction’s Grand Total Reaches $116 Million

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China’s top 10 brands

Category : Business, Stocks

WPP and Millward Brown’s ranking of the top brands in China features tech companies, oil and gas pioneers and a rice wine maker.

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Investor worries over wine firm

Category : Business, World News

People who invested thousands of pounds in fine wine are facing an anxious wait after the collapse of a major wine investment firm.

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Telling the truth turns out tricky for Washington Post editor

Category : Business

After four years – and editorial cuts of 40% – Marcus Brauchli is leaving the Washington Post

So farewell then, lost in a valedictory welter of sickly adjectives about “world-class journalism”, Marcus Brauchli, editor of the Washington Post. He steps down/aside/somewhere else to help explore “new media opportunities” at the Post. Not too long ago, the Daily Watergate’s circulation stood at about 800,000 and the paper seemed to be hovering on the brink of national greatness. Now it’s down and down again to just over 450,000 and losing pots of money – while remaining adamantly opposed to building a paywall that might staunch some of the losses.

Ben Bradlee lasted 23 years at the top of the Post; Len Downie, his successor, 17 years; Brauchli only four. The new boss, called in to redevelop local Washington coverage, is Marty Baron from the Boston Globe. He’s 58. Brauchli is 51. Maybe a third-quarter $21.8m (£13.7m) loss did for him. Maybe more enforced cuts triggered revolt. But for Baron, already, the old days of wine and roses grow short when you reach November.

Harper Government Helps Bring Sparkle to Nova Scotia Wines

Category : Stocks, World News

WOLFVILLE, NOVA SCOTIA–(Marketwire – Oct. 6, 2012) - Member of Parliament Greg Kerr (West Nova), on behalf of Agriculture Minister Gerry Ritz, announced today an investment to help the Nova Scotia wine industry explore the market potential for producing sparkling wine using the traditional French method for champagne.

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Great Train, Great Taste, Private Label Wines Now at Verde Canyon Railroad

Category : Stocks

CLARKDALE, AZ–(Marketwire – Oct 5, 2012) – Pop the cork! We’ve stocked the shelves of our new boutique, Whistlestop at Milepost 38, with Verde Canyon Railroad’s collection of private wines, with labels depicting different facets of our railroad. Railroad names such as All Aboard Chardonnay, Locomotive 1512 Cabernet, Engine, Engine Merlot, Route Red Pinot Noir and Escape Champagne make them the perfect souvenir or gift. If you’re not a wine drinker, our private-label beers are worth a trip to the depot.

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British wine snobs learning to love screw tops and boxes

Category : Business

Four in 10 wine drinkers now agree the quality of wine in a box or a pouch is as good as the bottled option

British wine buffs have ditched their snooty attitude towards screw tops, boxes and pouches, according to research which shows that alternatives to the traditional cork and glass bottle are increasingly popular options for consumers.

As many as four in 10 (39%) wine drinkers now agree that wine in a box or a pouch is as good quality as bottled wine, while just 26% think that boxed is inferior, according to the study by the research company Mintel. Meanwhile, screw tops are seen as even less of an issue for wine lovers, with just 17% claiming not to trust screw-cap quality wine.

Chris Wisson, senior drinks analyst at Mintel, said: “Recent years have seen many wine drinkers reappraising their perceptions and use of wine in differing formats and packaging styles. Boxed wine has the added advantage of the wine keeping for a longer period of time than in a bottle, facilitating more flexible usage and encouraging moderate drinking. Reducing wastage, boxed wine provides an ideal solution in a market which is both environmentally and cost conscious.”

Globally, an estimated 10% of still wines are sold in cartons but wine producers have recognised growing consumer enthusiasm for wines packaged in more convenient, lightweight formats. Red and white wines in 75cl Tetra Pak cartons (from reputed South African producers Namaqua Wines and Du Toitskloof) have this month been launched in three UK supermarkets.

Guy Woodward, editor of Decanter magazine, said: “We’ve long been supporters of screw cap wines, which are undoubtedly the most reliable – and practical – closures for wines that are intended to be drunk young. Some very fine wines are now being bottled under screw cap, and it should in no way be taken as an indicator of lesser quality. I’m still a little sceptical about boxed or bagged wine though, and I’m yet to encounter a truly serious wine presented in this format.”

The UK wine market was valued at £10.4bn last year with a predicted sales rise of 2.4% set to boost it to £10.4bn this year, the report reveals. But the recession has had a clear impact, with sales by volume falling from 1.26bn litres in 2007 to 1.14bn litres last year. And with pressure on household budgets, two in five (39%) wine buyers are now rethinking their regular purchases.

VIDEO: Thailand’s taste for wine industry

Category : World News

Thailand is determined to overcome its tropical climate to grow grapes in vineyards that will form the backbone of a wine producing industry

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