Beam Suntory and Frucor Suntory have joined to form Suntory Oceania, a new AU$3bn partnership across the premium spirits and non-alcohol segments in both Australia and New Zealand.

In the 2021 World’s 50 Best Bars list, Athens claimed as many bars as Tokyo and Milan, and more than Paris, Madrid, and Seoul. For anyone who has kept an eye on global bar lists, this will come as no surprise, but the Greek capital’s rapid ascension to hospitality powerhouse has been remarkable.

Foster’s Group has announced a proposal to demerge Treasury Wine Estates at a cost of AU$151m.

Constellation Wines Australia and Europe has been renamed Accolade Wines following the completed acquisition of an 80% share in the company by Australian equity group Champ.