Drinks

AB InBev Needing Megabrew Tonic as Shares Plunge on Profit Miss

Anheuser-Busch InBev NV shares plummeted as the brewer missed profit estimates for the sixth straight quarter, illustrating clearly why the Budweiser maker...

Coca-Cola Working to Make War on Sugar a Profitable Venture

The push to reduce the amount of sugar in soft drinks -- long seen as a threat to the beverage industry -- has been more profitable for Coca-Cola Co. than...

Heineken’s Currency Headwinds Offset Volume Gains in Vietnam

Heineken NV failed to satisfy its most optimistic investors by leaving its full-year profitability forecast unchanged, taking the shine off beer shipments...

Heineken Sees Beer Volumes Up Marginally In Europe In Third Quarter

Drinks giant Heineken said that its organic consolidated beer volumes increased by 0.6% in Europe in the third quarter of the year, "despite tough com...

Hennessy Releases A New Spirit To Win Over Whiskey Lovers

“We don't tell Yann what to do. Yann tells us what to do.” Jordan Bushell, Hennessy’s head of mixology and education, is sitting in a...

Coca-Cola To End Bottling Deal With Zimbabwe’s Biggest Company

Coca-Cola Co. plans to end a bottling deal with brewer Delta Corp. as Anheuser-Busch InBev NV becomes the biggest shareholder in Zimbabwe’s largest c...

Rémy Cointreau Sales Beat Estimates On China Cognac Rebound

Rémy Cointreau SA reported second-quarter revenue that beat analysts’ estimates, led by growth in the US and improving Rémy Martin cogn...

Coca-Cola May Need Regulatory Nod To Buy Out AB Inbev In Africa

Coca-Cola Co.’s plan to buy out brewer Anheuser-Busch InBev NV from an African bottling joint venture originally agreed to with SABMiller Plc may hav...