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News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
Japan’s biggest brewer Asahi goes teetotal as consumers abandon booze
...drinks would generate half of the company’s beverage sales by as early as 2040....
April 14, 2024
Special ReportFuture of Water
Brewers come under pressure to minimise water footprint
...The brewer had invested $1.4bn in the factory, which was already two-thirds complete....
March 22, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Heineken NV
Heineken to reopen closed UK pubs as cost of living pressures ease
...The move by the world’s second-largest brewer, which owns 2,400 pubs in the UK through its Star Pubs and Bars arm, will restore the number of operating outlets in its estate to pre-pandemic levels....
May 5, 2024
Asahi Group Holdings Ltd
Japan’s biggest brewer Asahi cuts down on the booze as consumers go teetotal
...drinks would generate half of the company’s beverage sales by as early as 2040....
April 14, 2024
Brewdog Plc
BrewDog co-founder steps down as chief executive after 17 years
...BrewDog, now the UK’s biggest craft beer brewer, was one of the greatest success stories of the sector’s boom, raising more than £80mn through an army of small crowdfunding investors — who the company called...
May 8, 2024
Heineken NV
Heineken beer sales beat expectations
...“Seeing it back in growth is very important for the company’s profitability,” he added....
April 24, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 4 September237 Park Avenue, New York, NY, USA
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Heineken reports first volume growth for a year as sales beat expectations
...The brewer said beer volume sales were up 4.7 per cent in the January-March period, compared with the 2.5 per cent growth expected by analysts in a company-provided poll....
April 24, 2024
Letter
Letter: China, Ireland and the state company economy
...The Irish state invested in state companies; for example in Érin Foods which was a food processing company under Lt General Michael J Costello. Micheál O’CathailDún Laoghaire, County Dublin, Ireland...
May 6, 2024
Heineken NV
Heineken says high prices have cut sales
...Heineken, the world’s second-biggest brewer, has tempered expectations for annual profit growth, saying higher prices hit demand last year....
February 14, 2024
News updates from November 16: Oil prices hit 4-month low, Wirecard hacker sentenced to 80 months in prison
Brewer Young’s buys City Pub Group for £162mn
...The stock-and-cash proposal, which was recommended by the board, will pay City Pub Group shareholders 108.75p per share and the remainder in Young’s shares....
November 16, 2023
News updates from May 8: US pauses weapons shipment to Israel, Uber’s earnings hit by legal costs
What to watch in Europe today
...Events: Chinese leader Xi Jinping is in Belgrade for talks with Serbian President Aleksandar Vučić as he seeks to strengthen ties in the Balkans....
May 8, 2024
Correction
Correction: Asahi
...Japanese brewer Asahi plans to increase the share of beverages with 3.5 per cent alcohol or less from about 10 per cent last year to 20 per cent of its product mix by 2030, not 30 per cent as wrongly...
April 16, 2024
News in-depthSouth Korean business & finance
A star producer takes on the K-pop patriarchy
...The turmoil at Hybe, the company behind boy band BTS, comes as the wider K-pop industry struggles with the question of how to replicate the past decade’s success....
May 5, 2024
Anheuser-Busch InBev SA
Turkish brewer to acquire AB InBev stake in Russian joint venture
...In April last year the brewer of Budweiser and Stella Artois announced it was in talks to sell its stake in AB InBev Efes, the Russian joint venture, as many Western companies looking to exit Russia scrambled...
December 19, 2023
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Marlboro maker Altria to sell more than $2.2bn of its AB InBev shares
...The cigarette manufacturer currently owns about 10 per cent of the brewer, with a holding of about 197mn shares....
March 13, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
Banco de Sabadell SA
Banco Sabadell rejects €12bn takeover bid by BBVA
...The latest bid had sent BBVA’s share price lower before the board of the smaller bank formally rejected the all-stock offer on Monday....
May 6, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Marlboro maker Altria to sell more than $2.2bn of its AB InBev shares
...The cigarette manufacturer currently owns about 10 per cent of the brewer, with a holding of about 197mn shares....
March 13, 2024
Your QuestionsLucy Warwick-Ching
Can I claim a bigger stake in the family business than I have inherited?
...I’ve been working as an employee for the family company that I was supposed to inherit. Despite dedicating my life to the company, that promise wasn’t followed through....
May 9, 2024
LexAnglo American PLC
Anglo American needs to switch on its defence against BHP Premium content
...The red metal has charged up the mining sector since BHP’s interest in buying Anglo American became public two weeks ago....
May 9, 2024
Work Watch
Could ketamine be the next fix for workplace depression?
...Kost initially sought more conventional psychotherapy, but after watching her company’s founder Mike Bronner talk about the new benefit, she decided to give it a go....
May 5, 2024
News updates from September 1: US jobs grow more than forecast, Walgreens Boots CEO steps down
Walgreens Boots chief executive Rosalind Brewer steps down
...Walgreens Boots and Brewer mutually agreed for her to step down as CEO and member of the board where she has served since 2010, the company said on Friday....
September 1, 2023
ReviewNon-Fiction
Volcanic by John Brewer — Vesuvius and its many visitors
...Brewer’s study of 18th-century English culture, The Pleasures of the Imagination, won the 1998 Wolfson Prize for history, an award celebrating the art of balancing research with readability — the author’...
November 2, 2023
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
What to watch in Europe today
...Heineken: The world’s second-largest brewer will publish results for the first quarter of 2024. It previously tempered expectations for its annual profit growth....
April 24, 2024
Lyft Inc
Lyft shares go on wild ride after earnings release error
...“This is actually a correction from the press release,” Brewer said. Lyft shares jumped 35.1 per cent on Wednesday....
February 14, 2024
LexElaine Moore
The Lex Newsletter: AI spending plans are spooking the market Premium content
...autonomy, I think they should not be an investor in the company.”...
April 26, 2024

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