Afternoon Brief, Jan. 29

Trending Story:

Demand for wine investments in California has never been higher says M&A specialists
Demand for wine properties and investments in the Californian wine industry have never been higher, according to International Wine Associates, merger and acquisition specialists in the American wine industry…

Today’s News

Owens-Illinois reports flat earnings in 2013
ngoing economic weakness in Europe and economic volatility in South America caused Owens-Illinois Inc. on Tuesday to post flat sales and flat earnings for 2013…

Wine additive is adding up
Nelson husband and wife Miles and Christina Clifford say they have been “blown away” by the success of an alcohol additive they have been selling for the last seven months and are about to distribute it internationally. The pair sell UBFree, an additive for wine. It eliminates free sulphites, a preservative in wine, allowing those with an allergy to have a glass without ill-effects…

New twist in stopper war
THE CORK industry has come up with a new-style stopper to halt the wine industry’s search for alternatives. Called the Helix, it twists to open and uses a special glass bottle with an internal threaded neck with a corresponding cork so no corkscrew needed…

Drought threatening Bay Area wine industry

Wine grape diversity is decreasing in Australia

Wine Sales Drop for Second Year as Bordeaux Demand Wanes

Giant boulder rips through vineyard

Vinexpo chief: ‘We need to modernise’

Wine-in-groceries bill starts to roll in Tennessee

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Napa Valley vintners prepare for drought

Sutter Home owner Trinchero plans to ‘get back in black’