Wine Industry News

  • Wine is for drinking, not for raking in a profit

    Investing in wine for profit is a chancy business. I have said it here in this space a number of times, and intend to stick to my guns, even as the stock market continues in turmoil, property prices stagnate and interest rates on savings remain at an historic low. There is, I concede, the odd exc...
  • SA wine industry struggles

    It seems the wine export industry may be running dry. Wines of South Africa (Wosa) on Friday said exports to the United Kingdom alone have dropped by more than 40 percent in 2010. The drop is attributed to the strong rand and the tough economic conditions worldwide. Wosa’s André Morgenth...
  • Moscato madness grips U.S. wine industry

    (MarketWatch) — They call it “moscato madness” around the headquarters of E. & J. Gallo Winery. And for good reason. Gallo is selling at least six times the amount of sweet-tasting Moscato wine than just three years ago. Moscato, a take on its Muscat origins, is the fastest-growing varietal...
  • French harvest bigger than 2010, says ministry

    The French grape harvest is predicted to exceed 47 million hectolitres (hl) this year – an increase of 6% compared to 2010. According to figures published by the French ministry of agriculture and fishing, the nation's vineyards will bear 47.9m hl of fruit, an increase on last year's small crop. ...
  • Canadian natives try hand at wine-making

    An aboriginal tribe in western Canada's arid Okanogan Valley is on the cusp of realizing a decades-old dream: becoming North America's first native winemakers. On the shores of Lake Osoyoos, near the border between British Columbia and the US state of Washington, the sun is scorching hot, the nig...
  • Drink Wine To Beat Dementia Risk, But Find The Balance Study Reports

    For over thirty years research has been done and much debate has carried on about the benefits or risks associated with drinking alcohol and wine in particular. After an analysis of research since 1977, it has been determined that drinking moderate amounts of alcohol, especially wine, may lower the ...
  • Red wine wonder pill to cure obesity, cancer

    Now, you can eat as much as you like without putting on extra pounds. And you can even receive all the benefits of exercise without leaving the sofa. An all-in-one tablet is being developed to treat obesity, diabetes, heart disease and cancer. The drug, which is being made by the biotech firm Sir...
  • UK: Wine scam trial reaches final verdict

    A long-running trial involving a series of frauds, including wine investments, running into millions of pounds has concluded with the acquittal of the final defendant.A jury could not reach a verdict on 52-year old Robin Grove’s role in Vintage Hallmark, which defrauded mainly Canadian and America...

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