AB InBev Boosts Profit On Higher Prices, Latam Drinkers
Anheuser-Busch InBev, the world's largest brewer, reported higher than expected second-quarter earnings on Thursday as its Latin American consumers drank more and it pushed through higher prices globally.
EU Sues Britain Again As N. Ireland Bill Undermines Trust
The European Commission launched four new legal procedures against Britain on Friday after the British parliament's lower house cleared a bill to scrap some of the rules governing post-Brexit trading arrangements for Northern Ireland.
EU Sues Britain Again As N. Ireland Bill Erodes Trust
The European Commission launched four new legal procedures against Britain on Friday after the British parliament's lower house cleared a bill to scrap some of the rules governing post-Brexit trading arrangements for Northern Ireland.
'Amazing Journey': EU Accepts Croatia As 20th Euro Zone Member
European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023, a move hailed as the culmination of an "amazing journey" for a Balkan nation once at war.
Belgium Provisionally Clears Contentious Iran Prisoner Swap Treaty
Belgian lawmakers gave initial clearance on Wednesday to a prisoner exchange treaty with Iran that could lead to the release of an Iranian diplomat convicted of planning to bomb a rally of an exiled opposition group.
Belgium Debates Contentious Prisoner Swap Treaty With Iran
Belgian lawmakers on Tuesday debated a prisoner exchange treaty with Tehran that an exiled Iranian group opposes and says will release the mastermind behind a plan to bomb one of its rallies.
EU Seeks Open Talks On N.Ireland, Not Pre-set UK Outcome -official
The European Commission is willing to negotiate trading arrangements for Northern Ireland with Britain, but only if talks are constructive and do not resume with an outcome already set by London, a top EU official said on Wednesday.
G7: China Must Press Russia To Stop Ukraine Invasion
G7 leaders urged China on Tuesday to uphold the principle of peaceful settlement of disputes by pressing Russia to stop its invasion of Ukraine and dropping its "expansive maritime claims" in the South China Sea.
G7: China Must Press Russia To Stop Ukraine War
G7 leaders urged China on Tuesday to use its influence with Russia to stop its invasion of Ukraine and drop "expansive maritime claims" in the South China Sea, in unprecedentedly tough criticism of Beijing's policies and human rights record.
EU Seeks To Speed Up Trade Deals As Ukraine War Forces Rethink
The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine war and other challenges, EU trade commissioner Valdis Dombrovskis said on Friday.
Don't Forget Other Crises With Ukraine Focus, UN Warns
The United Nations High Commissioner for Refugees warned on Friday that countries focused on helping Ukraine should not ignore other crises, which were likely to worsen due to the war.
AB InBev Sells More Beer, Consumers Swallow Higher Prices
Anheuser-Busch InBev reported higher than expected earnings in the first quarter on Thursday, as consumers bought more of its beer and accepted higher prices, prompting it to repeat its outlook for growth this year.
Wizz Air Loses Court Challenge Against TAROM Rescue Aid
Hungarian low-cost airline Wizz Air on Wednesday lost its court challenge against 36.66 million euros ($38.60 million) of rescue aid Romanian carrier TAROM received during the COVID-19 pandemic which was cleared by EU competition regulators.
EU Lawmakers Back Reining In Subsidised Foreign Companies
EU lawmakers backed on Monday new rules to curb acquisitions or bids for public contracts by subsidised foreign companies, part of a general push to ensure an economic playing field that is level and not distorted by Chinese and other firms.
AB InBev To Sell Interest In Russia With $1.1 Billion Charge
Anheuser-Busch InBev plans to exit Russia by selling its interest in a joint venture with Turkish brewer Anadolu Efes that operates in Russia and Ukraine and expects to take a $1.1 billion charge as a result.
Euro Zone In Trade Deficit For Third Month As Energy Costs Surge
The euro zone's trade balance was in deficit for the third consecutive month in January as surging energy prices led to a sharp increase in the value of imports, even before the Russian invasion of Ukraine prompted further price spikes.
With Eye On China, EU Sets Rules To Force Open Tenders
The European Union agreed on Monday new rules to limit access to its 2 trillion euros ($2.2 trillion) worth of public tenders in a move designed to pressure countries such as China to open up their markets.
EU Bars 7 Russian Banks From SWIFT, But Spares Those In Energy
The European Union said on Wednesday it was excluding seven Russian banks from the SWIFT messaging system, but stopped short of including those handling energy payments, in the latest sanctions imposed on Russia over its invasion of Ukraine.
Russia Sanctions Must Be Expanded, Sustained To Work - Analysts
Western sanctions will not halt Russia's invasion of Ukraine and will need to be expanded and sustained for a long time to hurt the Russian economy, economists and analysts believe.
AB InBev Ends 2021 On Solid Note, Sees Steady Annual Growth
Anheuser-Busch InBev, the world's largest brewer, forecast on Thursday that its profit would increase in 2022, in line with its medium-term growth range, after ending 2021 with stronger results than expected.
AB InBev Sees Steady Growth As Consumers Venture Out
Anheuser-Busch InBev forecast on Thursday its profit would increase this year as consumers have more opportunities to drink outside of their homes after ending 2021 with stronger results than expected due to higher prices.
EU Launches WTO Dispute Against China Over Telecom Patents
The European Union launched a legal challenge against China at the World Trade Organization on Friday, arguing that Chinese courts were preventing European companies from protecting their telecom technology patents.
Heineken Casts Doubt On 2023 Margin Goal As Inflation Spikes
Heineken cast doubt on its mid-term profit margin target due to the uncertain impact of spiralling inflation on beer consumption, after reporting stronger than expected earnings in 2021 from higher prices and cost savings.
Heineken Casts Doubt On 2023 Margin Target As Inflation Spikes
Heineken cast doubt on its mid-term profit margin target due to the uncertain impact of spiralling inflation on beer consumption, after reporting stronger than expected earnings in 2021 from higher prices and cost savings.
European Economy 2018: Soft Patch Or Lasting Slowdown? Data May Tell
Is Europe’s economy merely encountering a soft spot or entering a more lasting decline?
Global Trade: EU Plans To Hit US Imports With Duties From July
The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminum.