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...Carlsberg is gearing up for a legal fight with its Russian business Baltika over the subsidiary’s right to sell its international brands as the Danish brewer enters the next phase of its tortuous exit from...
...Baltika, which comprises eight breweries employing 8,000 staff, had not been nationalised but was still under state management and Carlsberg was looking for ways to engage with Russian authorities on the unit...
...Dolf van den Brink, who heads the Dutch brewer, said it was talking to potential buyers of its Russian arm, which employs 1,800 people, but signalled the transaction would take longer than previously indicated...
...This partly explains why the brewer’s Africa, Middle East and eastern Europe unit’s volumes (nearly a fifth of total) dropped nearly 9 per cent, much more than expected....
...Then companies raise preferred equity or debt against the unit, which brings in cash the parent can use to run its day-to-day business....
...Lucy Fato, the general counsel for US insurance company AIG, in 2020, for instance, brought the in-house government relations unit under her wing....
...Budweiser Apac, the Asia-Pacific unit of brewer Anheuser-Busch InBev, opened an earnings call last week saying “China is back”....
...“Fiscal 2023 will be a year of accelerating core growth and rapidly scaling our US healthcare business,” said chief executive Rosalind Brewer in a statement....
...The scandal was revealed just two weeks after Sérgio Rial, the former head of Santander’s Brazil unit, took the helm at Americanas....
...After Antony Jenkins took over as Barclays chief executive in 2012 following the Libor scandal, he moved quickly to axe the bank’s structured capital markets unit, responsible for controversial tax avoidance...
...That’s the equivalent of 77 units of alcohol, 63 above the recommended weekly intake. In Italy, these strong beers are called doppio malto or “double malt”....
...The Dutch brewer said revenues rose 37 per cent to €16.4bn in the six months to June 30, compared with the lockdown-marred year before....
...The FTC and Brussels opposed the deal on the basis that Illumina — the main supplier of gene sequencing technology to Grail rivals — could favour its new unit over competitors....
...Finance chief Felipe Dutra stepped down in February to be replaced by Fernando Tennenbaum, finance chief at the company’s Brazilian unit, less than a year after Olivier Goudet ceded the chairman’s role to...
...unit....
...Heineken’s chief executive has warned that “off the charts” cost inflation will further push up the price of a pint and said the risk of outright shortages was growing as brewers face persistent challenges...
...In the low evening sun of a bank holiday Monday it was quiet, except for the hum of the neighbouring air-con unit. My room was luxurious and spacious, amplified by the floor-to-ceiling windows....
...He attended a dinner at the home of Christopher Monckton, a former member of her policy unit, where the idea of a referendum on Europe was discussed....
...Young says some deals fix unit prices but not distribution charges. Some fixes even permit energy companies to review unit prices. “Fixed is not always fixed,” he says....
...The floating storage and regasification units (FSRUs) are liquefied natural gas tankers that use seawater to turn the fuel back into gas....
...Last month, President Joe Biden lamented the “pandemic of the unvaccinated” on account of the disproportionate pressure vaccine holdouts were putting on hospital wards and intensive care units....
...Dutra was replaced by Fernando Tennenbaum, chief financial officer at the company’s Brazilian unit, while Martin Barrington, former chief executive of tobacco group Altria, took over as chair....
...Military units, including combat divisions, own about a third of its shares. The human rights group said MEHL shareholders included high-ranking officials implicated in war crimes....
...US shale patch bankruptcies hurt its customer base, and Schlumberger sold its North American fracking unit....
...Daniel Michael, who recently stepped down as chief of the complex financial instruments unit of the Securities and Exchange Commission’s division of enforcement, is joining Skadden as a partner in the firm...
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