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05/31/12 Analysis: SABMiller faces long haul to turn around... Source: Reuters World No.2 brewer SABMiller ( SAB.L ) is set for a tough battle to turnaround its Australian Foster's acquisition as its beer volumes sink and it loses key import contracts which will stretch management to meet new aggressive targets.
05/30/12 Carlsberg sees German brand a boost in Russia Source: Reuters Danish brewer Carlsberg has got the rights to the German brand Holsten in its important Russian market which will strengthen its range of more expensive beers, the company said on Wednesday.
05/30/12 EU approves Spanish aid for sale of CAM to Sabadell Source: Reuters EU regulators said on Wednesday they had approved Spanish state aid to regional savings bank Caja de Ahorros del Mediterraneo (CAM) under a restructuring plan in which its banking activities were sold to Banco Sabadell .
05/24/12 UPDATE 2-Africa and Latam thirst for beer drives... Source: Reuters Strong growth in Africa and Latin America helped global brewer SABMiller offset a fall in beer drinking in Europe and North America, as the Grolsch and Peroni maker beat forecasts with a 12 percent rise in full-year earnings.
05/23/12 Western Europe set to drink less beer this year-Plato Source: Reuters Western European beer consumption will fall faster this year due to tough markets in southern countries like Greece and Portugal and a likely fall in tourism numbers as the euro zone crisis continues to hit the pockets of Europe's consumers.