Asia: Beverage maker F&N posts 37.3% increase in nine-months net profit

Beverage maker F&N posted a net profit of S$123 million for the nine months ended Jun 30, 2024, a 37.3 per cent increase from S$89.6 million in the same period ...
Publicado 07/08/2024 Más

Turkey & Russia: Government blocks sale of AB InBev stake in Russian JV to partner Anadolu Efes

A Russian government commission led by Finance Minister Anton Siluanov blocked the sale of Anheuser-Busch InBev NV’s stake in a Russian joint venture to its Turkish partner Anadolu Efes AS, ...
Publicado 07/08/2024 Más

Japan: Kirin’s first-half profit up 78.9%

Japan’s leading beer maker Kirin Holdings Co. Ltd. reported that its first half profit to owners of the company was 57.2 billion yen, up 78.9% from last year, RTTNews reported ...
Publicado 07/08/2024 Más

Germany: President of the Bavarian Brewers' Association advocates for higher beer prices

The President of the Bavarian Brewers' Association advocates for higher beer prices. In Germany, beer is the cheapest in Europe, Georg Schneider told the "Augsburger Allgemeinen" on August 6. To ...
Publicado 07/08/2024 Más

World: Molson Coors shares rise on second-quarter sales and profits that beat expectations

Molson Coors beat Wall Street expectations for second-quarter sales and profit on August 6, driven by strong demand for its premium Coors Light and Miller Lite beers in the European ...
Publicado 07/08/2024 Más

USA: January-June and June alone beer shipments see a decline in the US

The Beer Institute published on August 6 an unofficial estimate of domestic tax paid shipments by beer brewers for June 2024. The June 2024 estimate is 14,400,000 barrels, a decrease of ...
Publicado 07/08/2024 Más

USA, IA: Peace Tree Brewing Co. to close down on August 10

Peace Tree Brewing Co. continues the shutdown of its operations. The brewery based in Knoxville announced that it closes on Aug. 10, Des Moines Register reported on August 6. In July, ...
Publicado 07/08/2024 Más

Japan: Over 80% of consumers maintain or increase frequency of beer consumption, study finds

The notable consumer preference for beer makes it a key focus in the Japanese hospitality industry. Beer’s continued dominance emphasizes the importance of developing an in-depth understanding of consumer behavior ...
Publicado 06/08/2024 Más

Australia: Brewers and distillers calling for action from local government following new increase in alcohol duty rates

Australian distillers and brewers are calling for action from the local government following the introduction of a new increase in alcohol duty rates. The nation’s excise tax which came into play ...
Publicado 06/08/2024 Más

India: India set to tighten ad regulations for liquor makers

India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events, which could force firms such as Carlsberg, ...
Publicado 06/08/2024 Más