Anheuser-Busch InBev (AB InBev), the world’s largest brewer, reported a 7.9% increase in first-quarter operating profit, far exceeding analysts’ expectations of a 3.1% gain. The profit surge was driven primarily by improved margins, even as global beer sales…
South Korea’s discount chains and convenience stores said Thursday they will raise prices of beer and soju, a popular Korean distilled beverage, beginning next week. CU, a major South Korean convenience store chain, is set to raise prices of two brands of 360…
Anheuser-Busch InBev’s $107bn acquisition of SABMiller is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. Approvals for both transactions could…