Kenya: Investors sell Sh285.8 mln worth of EABL shares since Diageo’s offer to raise stake in beer maker

Investors have sold Sh285.8 million worth of East African Breweries Plc (EABL) shares in profit-taking trades since Diageo Plc made an offer to raise its stake in the Nairobi Securities ...
Published 31/10/2022 More

India: United Breweries planning R350 crore capex

Beer maker United Breweries Ltd, controlled by Dutch multinational brewing company Heineken, plans to infuse around ₹350 crore as capital expenditure in 2023 to meet the expected volume growth in ...
Published 31/10/2022 More

Romania: The first locally-produced single malt whisky launched in Romania

Carpathian Single Malt, the first single malt whisky produced in Romania, was launched on the Romanian market on October 27 through a large-scale event held in Bucharest. The whisky made ...
Published 31/10/2022 More

World: Economic slowdowns haven’t yet led to flat beer sales – AB InBev CEO

Economic slowdowns around the world hasn't yet led to beer sales going flat for mega-brewer AB InBev, the Yahoo News reported on October 31. "I think that demand is holding," AB ...
Published 31/10/2022 More

USA, NY: New Lockport brewery plans move forward albeit with name change

Matthew Martin and his brother CJ are continuing with their plans for opening a brewery at 13 W. Main St in the City of Lockport. Once completed, the brewery will ...
Published 31/10/2022 More

Mexico: Bottler and retailer Femsa posts drop in third-quarter net profit

Mexican bottler and retailer Femsa posted a drop in third-quarter net profit on October 28 to 10.75 billion pesos ($534.10 million), down 23.8% from a year ago as operating costs ...
Published 29/10/2022 More

China: Chongqing Brewery records dramatic growth in nine-month sales volume and operating revenue

Chongqing Brewery Company, a brewery whose headquarters is in Chongqing, Southwest China, recorded dramatic growth both in sales volume and operating revenue in the first three quarters of this year, ...
Published 29/10/2022 More

UK: Beer delivery drivers suspend plans to take strike action

About 1,000 British beer delivery drivers have suspended plans to take strike action at the end of this month after receiving a better pay offer from logistics company GXO, the ...
Published 29/10/2022 More

Kazakhstan: Wheat and barley production to rebound significantly in 2022-23

Kazakhstan’s wheat and barley production is expected to rebound significantly in 2022-23 and regain its market share lost due to lower production last season, according to a report from the ...
Published 28/10/2022 More

World: AB InBev reports higher-than-expected quarterly earnings, raises 2022 outlook

Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected quarterly earnings on October 27 as beer sales accelerated, and raised its 2022 outlook to the top-end of its previous forecast range. AB ...
Published 28/10/2022 More