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  • Dec 18- U.S. airlines, set to resume scheduled service to Cuba for the first time in decades, will be allowed just 20 round-trip flights a day to Havana. The carrier and larger rivals such as American Airlines Group Inc are betting that the modest beginning in Cuba will let them gain traction in a market with potential far beyond the typical Caribbean vacation...

  • WASHINGTON, Dec 14- The U.S. Supreme Court on Monday declined to revive a human rights lawsuit against Occidental Petroleum Corp and a security contractor that had accused them of complicity in a deadly 1998 bombing by Colombia's military of a village in the South American country. The court left intact a November 2014 ruling by the 9th U.S. Circuit Court of...

  • *Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...

  • UPDATE 6-AB InBev, SABMiller brew up $100 bln deal Tuesday, 13 Oct 2015 | 3:32 PM ET

    *SABMiller shares up 9 pct. BRUSSELS/ LONDON, Oct 13- The world's top two brewers, Anheuser-Busch InBev and SABMiller, have agreed in principle to one of the biggest mergers in corporate history after a near month-long courtship resulted in SABMiller accepting an offer worth more than $100 billion. For AB InBev the SABMiller deal will give it more breweries in...

  • *SABMiller shares up 9 pct. BRUSSELS/ LONDON, Oct 13- The world's two biggest brewers agreed on Tuesday to create a company making almost a third of the world's beer after SABMiller received an improved offer worth more than $100 billion from larger rival Anheuser-Busch InBev. The new group would bring together AB InBev's Budweiser, Stella Artois and Corona...

  • LONDON/ BRUSSELS, Oct 12- Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world's largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world's beer. The maker of Budweiser and Stella Artois said it would offer 43.50 pounds per share in cash to most SABMiller...

  • UPDATE 5-AB InBev raises takeover offer for SABMiller Monday, 12 Oct 2015 | 10:15 AM ET

    LONDON, Oct 12- Anheuser-Busch InBev raised its takeover offer for SABMiller on Monday, as the world's largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world's beer. AB InBev has until 1600 GMT on Wednesday to launch a formal bid for SABMiller, in what would be the biggest UK company takeover ever.

  • JOHANNESBURG/ LONDON, Oct 12- Anheuser-Busch InBev made a fresh approach to SABMiller on Monday with an improved offer, Sky News said, as the world's largest brewer tries to win over its smaller rival to the idea of creating a global brewing giant. The maker of Budweiser and Stella Artois "made a renewed overture" to SABMiller's board, the report said, citing people...

  • "Stars aligned" for AB InBev's megabrew merger plan Monday, 12 Oct 2015 | 3:39 AM ET

    *SABMiller says approach is opportunistic, based on share decline. BRUSSELS, Oct 12- Anheuser-Busch InBev's CEO says a study of SABMiller's African beer markets and talks with top shareholders led to an "alignment of stars" that drew it to its nearest rival. But observers say the real catalysts for the $100 billion takeover proposal made public on Oct. 7 are a steep...

  • *SABMiller board says proposal substantially undervalue company. BRUSSELS/ LONDON, Oct 8- Anheuser-Busch InBev Chief Executive Carlos Brito repeated his appeal to SABMiller shareholders on Thursday, again urging them to push the brewer's board into more serious takeover discussions. AB InBev said it was surprised the SABMiller board said its takeover...

  • *SABMiller says proposal "substantially undervalues" it. BRUSSELS, Oct 7- SABMiller, the world's second largest brewer, has promptly rejected an improved offer from bigger rival Anheuser-Busch InBev, saying on Wednesday that its 68 billion-pound valuation was insufficient. AB InBev is offering an alternative to the cash offer of partial payment in shares,...

  • BRUSSELS, Oct 7- Anheuser-Busch InBev, the world's largest brewer, launched an improved offer for SABMiller on Wednesday, offering just over 68 billion pounds for its largest rival to extend its reach into Africa and other markets. AB InBev said it believed the offer would be attractive to SABMiller shareholders, adding it was disappointed the UK- based...

  • JOHANNESBURG/ LONDON, Oct 1- South African shareholders of SABMiller are prepared to fight for a continued Johannesburg stock market listing if the brewer gets taken over by Anheuser-Busch InBev so they can benefit from the future growth of a new global drinks giant. Whether or not the merged entity will stay listed on the Johannesburg Stock Exchange, as...

  • BRUSSELS/ LONDON, Sept 30- A $70 billion debt package being arranged to fund Anheuser-Busch InBev's takeover of SABMiller still leaves the world's largest brewer with a tricky balancing act in satisfying a range of shareholder camps with different needs. SABMiller's two major shareholders face potential capital gains taxes, so may want to get paid in shares-...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's dominance in Africa, both...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus which makes around a third of the beer consumed globally. Belgium's AB InBev- the world's biggest brewer- makes Budweiser, Stella Artois and Corona, while Britain- based SABMiller- the No. 2 player- owns Peroni, Grolsch and Pilsner...

  • MIAMI, Aug 28- Tropical Storm Erika lashed Puerto Rico and the Virgin Islands with heavy rain and fierce winds on Friday, moving across the Caribbean and apparently heading for the Dominican Republic, northern Haiti and eventually South Florida, the U.S. National Hurricane Center said. The greatest risk was heavy rainfall over northern Haiti and the Dominican...

  • Carnival's new brand caters to do-good travelers Thursday, 4 Jun 2015 | 4:46 PM ET
    Carnival’s Adonia ship is being turned into a new brand called Fathom.

    Carnival us adding a new cruise line, one that caters to travelers with social consciences.

  • Venezuela is 'desperately looking for funds' Monday, 8 Dec 2014 | 11:54 AM ET
    A worker walks past a mural with a PDVSA logo at its gas station in Caracas, Venezuela, August 29, 2014.

    Days after OPEC decided not to give into Venezuela's plea to cut oil production, Caracas is on a cash-searching mission.