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AB InBev Beats Profit Expectations Despite Selling Less Beer In Q4

Anheuser-Busch InBev, the world's largest brewer, expanded its profit by slightly more than expected in the fourth-quarter despite selling less beer, notab...

Scotland’s Proposed Blanket Ban On Alcohol Advertising And Promotion Meets Resistance

The Scottish Government’s proposals for a blanket ban on alcohol advertising and promotion has been slammed by a number of UK trade associations repr...

Bill Gates Buys Heineken Stake, Despite Saying He's 'Not A Big Beer Drinker'

Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder of Microsoft has previously said he was "...

Heineken Says It Still Plans To Exit Russia, Take €300m Loss

Brewer Heineken still plans to exit Russia and sell its business there at a loss this year, it said on Wednesday, after a Dutch media report questioned whe...

British Craft Beer Firm BrewDog In JV Deal For China Expansion

British craft beer firm BrewDog said it will start to brew its Punk IPA, Hazy Jane and Elvis Juice products in China through a joint venture with Budweiser...

All Major Premium Drinks Categories Saw Growth In US In 2022: IWSR

All major drinks categories – beer, wine, cider, spirits and ready-to-drink (RTDs) saw growth in the premium segment in the United States last y...

Belgian Beer Billionaires To Invest €400m In France's Tikehau

An investment firm linked to the two founding families behind Anheuser Busch InBev is set to invest €400 million in France's Tikehau, the private equi...

Heineken Posts Higher Than Expected Profit After Asia Rebound

Heineken, the world's second-largest brewer, reported a higher-than-expected profit in 2022 thanks to growth in all markets and a sharp rebound in Asia, an...