Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently has outshone that of key liquor labels like Johnnie Walker whisky.

Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing to refine its operating model in Africa.

Diageo’s shares spiked to the top of the FTSE 100 today amid a rumour the company is looking to spin off or sell its most famous brand, Guinness, for up to £8bn. The transaction was first reported in ...

The Year of the Snake doesn’t begin until Jan. 29, but Guinness Open Gate’s Lunar New Year-themed beer will debut Friday. With Midnight Harmony, a 4.8% alcohol-by-volume black rice lager with ...