Corona

AB InBev Sees Sales Recovery From June

Anheuser-Busch InBev suffered a sharp slide in earnings in the second quarter and took a $2.5 billion impairment charge reflecting risks in Africa from the...

Budweiser To Invest More In E-Commerce As Virus Hits Offline Demand

Budweiser APAC, the Asia-Pacific arm of beer giant AB InBev, plans to invest more in e-commerce as the coronavirus changes consumer habits and hits demand...

Constellation Brands Names New EVP, Communications Chief And CSR Officer

Constellation Brands has appointed Mike McGrew as its new executive vice president, chief communications and corporate social responsibility officer. Mc...

Corona Owner Halves Final Dividend And Pushes Back AGM

Anheuser-Busch InBev , the world's largest brewer, proposes to halve its final dividend and has postponed its annual shareholder meeting owing to uncertain...

Corona Beer Owner Sees Sales Up 3% In 2019

Corona beer owner Constellation Brands saw its full year sales, up 3% €7.67 billion ($8.34 billion), to end of February 2020. The drinks giant...

Mexico Without Corona: Brewers Suspend Production During Pandemic

Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with cor...

AB InBev Scraps 2020 Outlook As Coronavirus Crisis Expands

Anheuser-Busch InBev, the world's largest brewer, said on Tuesday it was scrapping its 2020 outlook as the scale of the coronavirus increased. The Belgi...

AB InBev Sees 10% Hit To First-Quarter Profit From Coronavirus

The world's largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales du...