Diageo shares rise on CEO Lewis's $1bn savings

Diageo's shares rose after CEO Dave Lewis announced a $1 billion, two-year restructuring plan aimed at boosting the company's performance. The plan includes cost-cutting and potential job losses, with the company expecting to achieve savings without eroding profits. Despite recent challenges, including a 2% decline in net sales and profit drops, the company remains focused on revitalizing its operations and brands.

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