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World: World barley trade forecast lowered on smaller than expected export from the EU and Russia
World barley trade is forecast to total 27.205 mln tonnes in 2016/17 versus 27.475 mln in 2015/16, the USDA said in its April report. Last month, the forecast for the ...
Published 10/04/2017
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Malaysia: Heineken Malaysias net profit down 3.7% in Q1
Heineken Malaysia Bhd saw its net profit fall 3.7% to RM48 million in the first quarter ended March 31, 2017 (1QFY17) from RM50 million a year ago, on lower revenue, ...
Published 10/04/2017
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Africa: AB InBev to export its African beers to markets around the world
Anheuser-Busch InBev NV will export African beer brands to its markets around the world as the Budweiser maker seeks to maximize the potential of a continent that was key to ...
Published 10/04/2017
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South Africa: AB InBev completes sale of shareholding in Distell Group Limited
Anheuser-Busch InBev SA/NV on April 12 announced completion of the sale of its entire indirect shareholding in Distell Group Limited to the Public Investment Corporation Limited, acting on behalf of ...
Published 10/04/2017
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Romania: Beer market stays flat in 2016
Romania's beer market stayed flat in terms of volume in 2016 as compared to the previous year, at 15.8 million hectolitres, the Brewers of Romania association said on April 12.
Beer ...
Published 10/04/2017
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India: Carlsberg India launching Tuborg Classic
Carlsberg India is launching a new version of its Tuborg beer - Tuborg Classic - to further strengthen its strong beer portfolio to compete with rivals United Breweries (UB) and ...
Published 10/04/2017
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UK & Ireland: Diageo to manage through Brexit without disruptions of Guinness supplies
Drinks giant Diageo has moved to dismiss suggestions it could close its east Belfast Guinness packaging facility if a hard border is introduced post Brexit, The Irish News reported.
Just last ...
Published 10/04/2017
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China: Chinese brewers poised for further consolidation faced with a shrinking domestic market
Faced with a shrinking domestic market for the third straight year, China Resources Beer and Tsingtao Brewery have struggled to turn around their fortunes, fueling speculation that China's two biggest ...
Published 10/04/2017
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UK: BrewDog sells 22% stake to private equity house
Early investors in punk beer firm BrewDog will be able to bank a hefty profit this week. An injection of cash from a private equity house valued the company at ...
Published 10/04/2017
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World: Chinas Kweichow Moutai overcomes Diageo and becomes worlds most valuable liquor company
Chinese alcohol brand Kweichow Moutai, best known for brewing the fiery grain-based drink baijiu, has overtaken Johnnie Walker-brand owner Diageo Plc. to become the worlds most valuable liquor-company, The Financial ...
Published 10/04/2017
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