{
  "id": 257669,
  "title": "Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth",
  "url": "https://urgent.news/2026/08/07/drinks-giant-diageo-unveils-1bn-in-cost-cuts-to-tackle-slowing-growth-257669",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-08-07T07:15:33.000Z",
  "source": {
    "name": "Euronews Business",
    "slug": "euronews-business",
    "url": "http://www.euronews.com/business/2026/08/07/drinks-giant-diageo-unveils-1bn-in-cost-cuts-to-tackle-slowing-growth"
  },
  "original_language": "en",
  "account": null,
  "summary": "The world's largest spirits maker has scrapped its medium-term growth target as new CEO Dave Lewis moves to reset performance after years of stagnant sales.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Euronews",
        "title": "Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth",
        "url": "https://urgent.news/2026/08/07/drinks-giant-diageo-unveils-1bn-in-cost-cuts-to-tackle-slowing-growth",
        "published": "2026-08-07T07:15:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}