Top brewer AB InBev sees worse ahead, but hope in China

The world's biggest brewer, AB InBev, says it sees signs of a rebound in China, but warns the next quarter will still be worse overall. Julian Satterthwaite reports......»»

Anheuser-Busch InBev , the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery......»»

Anheuser-Busch InBev , the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China......»»

Danish brewer Carlsberg posted fourth-quarter sales above expectations on Wednesday, driven by a strong growth in China, but said it sees 2019 organic growth below last year's level......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A coronavirus-fueled shutdown of bars, nightclubs and other drinking venues around the world hammered sales for Anheuser-Busch InBev SA in the first quarter......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Flight bookings surged by up to 15 times after Beijing relaxed quarantine rules, raising hope that a release of pent-up demand ahead of a major holiday will breathe life into China's battered tourism industry. Emer McCarthy reports......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

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 during the Chinese New Year, sending its shares skidding......»»

Anheuser-Busch InBev ABI.BR, the world's largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast muted growth in 2020 due in part to the coronavirus outbreak in China......»»

Nike has been an outstanding Dow component so far in 2019, despite its exposure to China. Even though trade talks are ongoing and nothing has been fully resolved yet, one analyst sees Nike’s........»»

The two sides hope to have a deal ready to be signed at next month's APEC summit in Chile......»»

AP Donald Trump said there's a "really good chance" of a US-China trade deal ahead of high-level talks between the world's two biggest economies this week. Both sides have made gestures of goodwill this week, but the US government's b.....»»

Leading brewer AB InBev is making a big push in China and other parts of Asia — but seeking to topple local brewers could prove challenging......»»

U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy......»»

U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy......»»

For months, Wall Street banks were holding off on making major (downward) adjustments to their US GDP forecasts, waiting to see if trade war with China es.....»»

U.S. and Chinese negotia.....»»

Chinese and U.S. working teams will be in intensive contact this month to prepare "good groundwork" for the next round of face-to-face trade talks in September, the commerce ministry said on Thursday......»»