Germany: Development of hops in the fields currently delayed by frost periods until this month

Most of the winter 2016/2017 was very dry and warmer than long-term average in Germany, HVG reported on May 10. Only in January 2017 there were some severe ground frosts. ...
Publié 08/05/2017 Plus d`info

UK: Diageo ordered to pay £107 mln in extra tax as part of profit moving investigation

Diageo has been ordered to pay £107 mln by the UK tax authority as part of a long-running investigation into moving profit between its global businesses, BBC News reported on ...
Publié 08/05/2017 Plus d`info

France: Projected barley ending stocks to total 993 thousand tonnes this season

FranceAgriMer has trimmed slightly the country’s projected barley ending stocks at the close of the 2016/17 season to 993,000 tonnes, mostly due to an increase in expected barley shipments within ...
Publié 08/05/2017 Plus d`info

Philippines: San Miguel Brewery's net profit rises 12% in Q1

San Miguel, the Philippines' largest company by sales, said on May 10 its net income grew by only 2% in the first quarter, dampened by the strong dollar. Excluding foreign exchange ...
Publié 08/05/2017 Plus d`info

Ethiopia: Habesha Brewery makes net profit of 32 mln birr last year

Habesha Brewery S.C., one of the beer brewing companies in Ethiopia, disclosed it made a net profit of 32 million birr last year. This is unique for a brewery operating ...
Publié 08/05/2017 Plus d`info

Kenya: Brewers of beer made from sorghum, cassava, and millet to benefit from excise duty reductions

Kenya’s manufacturers of beer made from sorghum, cassava, millet and any other agricultural product will soon benefit from excise duty reductions, KDR TV reported on May 10. This was made possible ...
Publié 08/05/2017 Plus d`info

Mexico: Grupo Modelo opens its eighth brewery in Mexico

AB InBev’s Grupo Modelo officially opened its eighth plant in Mexico on May 9, where it will produce 7 million hectolitres of beer annually, the Mexico News Daily reported. The brewery, ...
Publié 08/05/2017 Plus d`info

World: Diageo stands by medium-term sales and profit targets

Diageo, the world's largest spirits company, stood by its medium-term sales and profit targets on May 8, saying the year has progressed well, Reuters reported. The maker of Smirnoff vodka and ...
Publié 08/05/2017 Plus d`info

Brazil: Brazil’s antitrust authorities approve Heineken’s purchase of Brasil Kirin

Brazil’s Administrative Council of Economic Defense (CADE) has approved the purchase of Brasil Kirin by Heineken, ESM reported on May 8. The Brazilian antitrust authority ruled that the operation, announced in ...
Publié 08/05/2017 Plus d`info

Vietnam: Carlsberg’s negotiations over additional Habeco stake ‘hot, complicated, and cumbersome’ - CEO

Carlsberg CEO Mr. Cees’t Hart said during the brewer’s first quarter 2017 trading statement’s conference call on May 4 that negotiations with the Ministry of Industry and Trade over an ...
Publié 08/05/2017 Plus d`info