Singapore: ThaiBev revives IPO plans for beer unit

Thai Beverage Pcl is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock markets, besides weighing the induction of ...
Published 01/10/2024 Outros

World: Citi upgrades AB InBev stock, sees margin growth and potential $1bn buyback

On Tuesday, October 1, Anheuser-Busch InBev received an upgrade from Citi, with the firm changing its stock rating from Neutral to Buy. The new price target has been set at ...
Published 01/10/2024 Outros

Ireland: Barley to supply planned Malting Company of Ireland’s expansion to be needed as soon as next season

Barley to supply the planned expansion of the Malting Company of Ireland’s (MCI) facilities in Co Cork will be needed as soon as next season, provided the project moves on ...
Published 01/10/2024 Outros

Europe: Japan’s Asahi now one of the biggest European beer producers

Asahi has achieved what many international beer brands could only dream of—taking on much-loved local brands and winning, Fortune reported on October 1. A decade ago, when legendary Japanese brand Asahi ...
Published 01/10/2024 Outros

Namibia: Namibia Breweries Limited reports 19.8% revenue increase in past financial year

Namibia Breweries Limited (NBL) reported a 19.8% revenue increase driven by its diverse beverage portfolio in the past financial year, the Namibian reported on October 1. According to a statement on ...
Published 01/10/2024 Outros

USA, OK: Oklahoma’s Vanessa House Beer Company confirms permanent closure

The latest Oklahoma brewery to close shuttered quietly following months of scaling back production and limiting hours of operation at its Oklahoma City taproom, AOL.com reported on September 30. Vanessa House ...
Published 01/10/2024 Outros

USA, CA: Karl Strauss Brewing Company announces opening of its newest brewpub in Corona

Karl Strauss Brewing Company, San Diego’s first post-Prohibition craft brewery, is excited to announce the opening of its newest brewpub at The Shops at Dos Lagos in Corona on Tuesday, ...
Published 01/10/2024 Outros

USA, MD: Watchtower Brewing Company coming to downtown Aberdeen

A new brewery is coming to downtown Aberdeen, as there's a renewed push to revitalize the city's historic center just off of Route 40 in Harford County, WMAR reported on ...
Published 01/10/2024 Outros

UK: AB InBev’s UK branch continues to suffer significant losses

The UK branch of AB InBev, the brewer behind Budweiser, Stella Artois and Corona, has continued to suffer significant losses during its latest financial year despite hiking prices. The London-based ...
Published 30/09/2024 Outros

South Africa: Beer industry calling for excise tax in line with inflation or lower as current tax could lead to destruction of sector

South Africa’s beer industry is calling for an excise tax that is in line with inflation or lower, with major producer South African Breweries (SAB) saying the current tax of ...
Published 30/09/2024 Outros