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Corona Beer Maker Constellation Brands Forecasts Annual Profit Above Estimates

Constellation Brands forecast annual profit above Wall Street expectations, banking on resilient demand for its core beer brands despite sticky inflation.

European Championship Won't Save German Economy, Study Shows

The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for the euro zone's largest economy as it struggles...

Budweiser Teams Up With Artist Peter Blake On New 'Pop Art' Can

Beer brand Budweiser has teamed up with Sir Peter Blake, the artist behind the cover of The Beatles' Sgt. Pepper's Lonely Hearts Club Band, on a new series...

Luxembourg Brewery Deal Needs EU Antitrust Approval, Regulator Says

Luxembourg's largest brewery Brasserie Nationale must seek EU approval to acquire Luxembourg wholesale drinks distributor Boissons Heintz following a reque...

Brewer AB InBev's Shares Slip On Altria's Stake Sale

Anheuser-Busch InBev's shares fell over 4% after a trading suspension was lifted following more details on tobacco giant Altria's stake sale in the brewer.

Alcohol Sales In Norway Declined 2.4% In 2023

Volume sales of alcoholic beverages declined by 2.4% in Norway in 2023, to 392 million litres, compared to the preceding year.

AB InBev Hikes Dividend, But No New Share Buyback

Anheuser-Busch InBev has raised its annual dividend by 9%, though analysts warned investors may be disappointed by the absence of a new share buyback and w...

Japan's Asahi Eyes Overseas M&A To Quadruple Sales Of Super Dry Beer

Japan's Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dr...