World: Diageo launces $2.5 bln bond offering

Diageo, the world’s largest spirits maker, launched a $2.5 billion bond offering on April 28, weeks after suspending its share buyback programme in response to the coronavirus crisis, Reuters reported. The ...
Δημοσίευση 28/04/2020 Περισσότερα

UK: UK supermarket Tesco gives beer range a significant makeover

Tesco has given its beer range a significant makover, drafting in a slew of new brews, The Grocer reported on April 29. The supermarket added some 70 new SKUs this week, ...
Δημοσίευση 28/04/2020 Περισσότερα

World: Heineken places EUR1.5 bln Notes

Heineken N.V. announced on April 29 that it has successfully placed €650 million of 13-year Notes with a coupon of 1.25% and €850 million of 20-year Notes with a coupon ...
Δημοσίευση 28/04/2020 Περισσότερα

The Czech Republic: State to refund excises on unsold beer

The Czech Republic parliament passed a bill on April 29 that would refund breweries their excise duties on beer that goes unsold because of the coronavirus pandemic, Bloomberg Tax reported. The ...
Δημοσίευση 28/04/2020 Περισσότερα

UK: Downturn in whisky production could impact demand for malting barley

Farming leaders have raised fears with the Scottish Government that a downturn in whisky production as a result of Covid-19 restrictions will have an impact on demand for malting barley ...
Δημοσίευση 28/04/2020 Περισσότερα

India: Brewers seek partial resumption of operations and propose sale of beer through e-commerce

Leading beer companies United Breweries, Bira, Molson Coors, and Carlsberg, led by industry body All India Brewers’ Association (AIBA), have written fresh letters to chief minsters of eight states this ...
Δημοσίευση 28/04/2020 Περισσότερα

Russia: Russia suspends grain exports until July 1

Russia, the world's largest wheat exporter, is suspending grain exports, including wheat, rye, barley and corn until July 1, the ministry of agriculture said on April 26. In early April, the ...
Δημοσίευση 28/04/2020 Περισσότερα

Uganda: Nile Breweries warns of possible drop in tax contributions

Nile Breweries Limited-Uganda says its contribution to the national tax purse could fall significantly as the coronavirus lockdown disrupts alcohol transportation and sales. The company paid 394 billion shillings in ...
Δημοσίευση 28/04/2020 Περισσότερα

USA & Canada: AB InBev, Molson Coors Brewing dodge antitrust suit over imports to Canada

AB InBev and Molson Coors Brewing don’t have to face revived claims over their alleged scheme to corner the market for high-volume US beer imports to Ontario, a Wisconsin federal ...
Δημοσίευση 28/04/2020 Περισσότερα

USA: Boston Beer’s Q1 earnings miss analysts’ estimates by wide margin

Boston Beer missed analysts' earnings estimates by a wide margin in the first quarter as the fallout from the coronavirus pandemic upended the alcoholic beverages market, Nasdaq reported on April ...
Δημοσίευση 28/04/2020 Περισσότερα