Treasury Wine Estates CEO Michael Clarke. Supplied image

Business

Penfolds owner posts healthy profit lift

Treasury Wine Estates has raised a glass to shareholders, upping its interim dividend following a 15.1 per cent lift in first-half profit to $201.1 million.

Wine

Penfolds to produce wine in overseas regions

Winemaker Penfolds is poised to produce wine for the first time overseas, turning out bottles of Shiraz and Cabernet sauvignon in California’s famous Napa Valley.

Wine

Trade wars and the tricky business of wine exports

With the threat of trade wars in the air, Philip White ponders the nature of Australian wine’s increasing dependence on China.

News

Treasury Wine shares sink after over-supply reports

Shares in Penfolds maker Treasury Wine Estates have sunk to a four-month low amid reports it is facing an over-supply of its wine in China.

News

California wildfires hit Treasury Wines

Deadly wildfires raging across northern California have caused what Treasury Wine Estates calls “limited damage” to its assets in the region.