COPENHAGEN/ SHANGHAI, Dec 5- Danish brewer Carlsberg upped its stake in China's Chongqing Brewery to 60 percent, strengthening its foothold in the world's largest beer market by volume, and hopes to further increase its holding, the latter said.» Read More
MEXICO CITY, Oct 31- Shares of Mexico's biggest bottling company fell on Thursday as Congress approved a 1 peso- per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul. The plan, which was passed by lawmakers after markets closed, aims to curb rising obesity levels as well as lift Mexico's poor tax take.
Flavien Desoblin, owner of Brandy Library in Manhattan, says "you don't have to spend a lot of money," in sharing some of the best spirits to sip on Halloween.
A new Morgan Stanley report says the world is running out of wine. John Kapon, Acker Merrall and Condit, and Andre Mack, Mouton Noir Wines owner, provide perspective.
MEXICO CITY, Oct 31- Shares of Mexico's food and drink companies fell on Thursday as Congress was poised to approve a 1 peso- per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul.
BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest brewer, beat third-quarter profit forecasts as rapid cost savings in Mexico and higher prices helped offset sagging beer sales in its giant Brazilian market.
SYDNEY, Oct 31- Australia's competition regulator said on Thursday it would not block a bid for Warrnambool Cheese and Butter Factory Company Holdings Ltd by domestic rival Bega Cheese Ltd, enabling Bega to re-enter the international battle for the dairy company.
Starbucks CEO Howard Schultz urges President Obama to work with Congress to refine the Affordable Care Act.
Starbucks CEO Howard Schultz feels his latest quarter is a "significant accomplishment." He provides insight into the company's earnings data, its new Teavana bars in New York and how the political debate is impacting business.
SAN FRANCISCO, Oct 29- San Francisco may become the latest U.S. city to try to curb the consumption of sugary drinks with a proposed ballot measure to impose a tax on beverages seen as a culprit in rising rates of childhood obesity and diabetes.
Oct 29- The Coca-Cola Co, rated Aa3, AA-/A+, announced a new five-part benchmark US dollar bond on Tuesday, sources on the deal told IFR. It is Coca-Cola's first appearance in the US dollar bond market since February, when it raised USD2.5 billion in a three-part transaction.
*Lion, Bega, Murray Goulburn can block Saputo- analyst. SYDNEY, Oct 29- Kirin Holdings Co Ltd bought a 10 percent stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd on Tuesday, in a move that could block a takeover of the Australian dairy company by Canada's Saputo Inc..
AB InBev, SABMiller merger would combine Latam, Africa growth markets. *SABMiller price tag would likely be more than $100 bln. BRUSSELS/ LONDON, Oct 28- With half the world's beer produced by four big firms and few markets left for them to tap, the time may be right for a $100 billion merger between the two largest, Anheuser-Busch InBev and SABMiller.
DUBAI, Oct 28- Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end to large-scale retrenchments by global lenders as financial markets improve, senior executives at the bank told Reuters.
Trendy chains like Starbucks Corp, brands like Juan Valdez that represents Colombian growers and in-home espresso machines marketed by Nestle SA are some of the pioneers transforming the coffee consumption habits of the two countries' combined populations of nearly a quarter billion people.
After building a business over years, many craft brewers wonder whether it's time to plan for the next generation to take over.
COPENHAGEN, Oct 25- Carlsberg's main owner, the Carlsberg Foundation, wants to drop a rule in its charter that it must own at least 25 percent of the brewer, a move that could open the door for a share issue and perhaps further acquisitions in Asia.
SYDNEY, Oct 25- Saputo Inc, Canada's largest dairy producer, looked likely to triumph in the battle for Australia's Warrnambool Cheese and Butter Factory Company Holdings Ltd after hiking its bid by 14 percent to A $449 million.
Dunkin' Brands is citing strong sandwich and beverage sales, with the "Street Signs" crew. Herb Greenberg, weighs in.
MEXICO CITY, Oct 24- Latin America's biggest Coke bottler, Coca-Cola Femsa, said on Thursday third-quarter profit fell 17 percent despite higher revenue as it spent more on marketing as well as labor and freight costs.
Brewers from Boston and St. Louis are putting local beer and food on the line in a friendly wager as their teams head to the Fall Classic.