Spirits Not So High at Diageo - Presented by: The Aol. On Network

Almost half its business is with emerging markets. And it's weakness there that's hit sales growth at Diageo over the past six months. Demand in China fell by a fifth and there was a 10% drop in Nigeria. Overall, second quarter sales were around 1.6% compared to a previous rise of 2.2%. Diageo's shares dived 6% as a result. Edward Hadas is from Reuters BreakingViews



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