The Dutch group is due to update investors on its first-quarter trading and analysts are concerned that fresh costs could impact profits profit margins. The update comes after the brewer recently announced plans to cut some 8,000 jobs including up to 100 in the UK. That represent nearly 10 per cent of its global workforce. William Ryder, equity analyst at
Read more
Hyderabad: A pandemic may not be the right time to start a business, but for some home brewers of probiotic drink Kombucha, it has turned out to be the perfect time to tweak a few recipes. Picking up off the trend of the fermented drink that owes its origin to China, a few enterprising individuals took to brewing their own
Read more
BITTER TASTE. Spirits maker and brewer Thai Beverage (TBEV.SI) dropped plans for a $2 billion spinout of its beer business, citing market uncertainty and Covid-19 outbreaks. Dealing with a record caseload, Thailand shut bars read more at the weekend even though Vietnam, Thai Bev’s crown jewel growth market, is coping well. Most market valuations also have changed little since the initial public offering was
Read more