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The Latest Breaking News from AB InBev

Qatar just spat in the face of Budweiser's $75 million World Cup sponsorship

Qatar says it will now ban alcohol sales within World Cup stadiums, something it had initially agreed to allow.

Fortune

The World Cup beer sales controversy in Qatar, explained

What's going on here with beer at the World Cup in Qatar? We explain.

USA Today Sports Media Group

Beer banned from Qatar World Cup stadiums as FIFA release statement after U-turn

FIFA have released a statement after pressure from the Qatari royal family confirming alcohol will no longer be in sale inside stadiums at games during the World Cup

Daily Mirror

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World Cup organizers to ban alcoholic beer sales at stadiums

A person with knowledge of the decision tells The Associated Press that World Cup organizers will ban the sale of all beer with alcohol at the eight stadiums used for the soccer tournament

The Independent UK

Qatar World Cup bans alcohol around stadiums in last-ditch U-turn

Budweiser’s parent company AB InBev pays Fifa for exclusive rights to sell beer at the World Cup

The Independent UK

World Cup organisers in Qatar finalize policy to allow beer sales to fans

Organizers of the World Cup in Qatar have finalized a policy to serve beer with alcohol to soccer fans at stadiums and fan zones in the Muslim-majority country.

France 24

Czech brewer Budvar again increases net profit amid pandemic

Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the Budweiser brand, increased its net profit by some 10% for the second straight year

The Independent UK

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Inflation Hits Anheuser-Busch, CFO Says Price Increase On Cards

Anheuser-Busch InBev SA/NV (NYSE: BUD) mulls raising prices for some of its beverages in an effort to manage inflation.

Benzinga

In Davos, Karnataka succeeded in attracting ₹60,000 crore investment: Bommai

Many MNCs have assured of investment in the State in the coming days, says CM

The Hindu

Cold beer to your door: brewers in Latin America go direct

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format - delivering cold beer on demand to consumers still gathering at home with friends even as bars reopen.

Reuters

Alcohol marketing has crossed borders and entered the metaverse – how do we regulate the new digital risk?

The World Health Organization’s newly released report on regulating cross-border alcohol marketing raises the alarm for countries like Australia and New Zealand, given their light touch towards alcohol advertising.

The Conversation

Belgian brewer starts global roll-out of Ukraine beer for relief effort

The world's largest brewer launched production of a popular Ukrainian beer in Belgium on Friday and said all profits made from its global sales would go to humanitarian relief in Ukraine following Russia's invasion.

Reuters

Costly beer and cars? Consumers, and profits, fine with that

Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch InBev NV and BMW AG boost profits despite economic threats ranging from inflation to war to China’s Covid flare-up.

Tribune News Service

Budweiser and Corona brewer AB InBev to take $1.1 billion hit as it pulls out of Russia

Brewer will sell interest in Turkish brewer Anadolu Efes in response to Ukraine invasion

Evening Standard

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news in one place.

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Benzinga

Budweiser Parent Mulls Brewing Pause In Russia

Anheuser-Busch InBev (NYSE:BUD) has asked its partner in Russia, Anadolu Efes, to suspend its license to brew Budweiser in Russia, the Wall Street Journal reported. The company also plans to forfeit its profits from the joint venture in the wake of Russia’s invasion of Ukraine. The report cited a spokeswoman for AB InBev…

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