Beer

Corona Maker Sees Retail Beer Volumes Increase 30% In Last Four Weeks

Far from shunning the beverage, Corona beer fans in the US are purchasing increased volumes of the brand through retail channels, according to its parent,...

Brazil's Ambev To Invest $430m In New Beer Plants

Ambev SA plans to invest R$2 billion ($432 million) opening new plants in Brazil, where it faces tougher competition as Heineken NV has expanded aggressive...

Molson Coors Says It Is Not Associated With 'Mini Tender' Offer By TRC Capital

Molson Coors has announced that it does not endorse TRC Capital's 'mini tender' offer and is in no way associated with the investment firm. The brewer a...

Corona Beer Boss Slams 'Unfounded' Claims Over Impact Of COVID-19 On Its Business

The chief executive of Constellation Brands, which owns the Corona Extra beer brand, has criticised claims in the media that the COVID-19 outbreak has impa...

Molson Coors Sees Fourth-Quarter Revenue Up, Despite Volume Decrease

Brewer Molson Coors has posted a 3.0% increase in net sales in the fourth quarter of its financial year, to $2.49 billion (€2.29 billion), despite see...

Heineken Sees 2020 Profit Growth As Some Commodity Costs Ease

Heineken, the world's second largest brewer, expects to benefit from lower barley and aluminium costs this year after 2019 earnings rose exactly in line wi...

Anheuser-Busch InBev Announces Leadership Changes

Anheuser-Busch InBev has announced that its chief financial and technology officer, Felipe Dutra, is to step down from his position. The group has...

AB InBev Gets Relief Against New Delhi Sales Ban

A tribunal in New Delhi has put on hold a sales ban imposed last year on Anheuser-Busch InBev, an order seen by Reuters showed, allowing the world's larges...