Beer Industry News
A collection of Beer latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Botswana Agrees to Raise De Beers Stake, Easing Anglo's Exit
Botswana's President Duma Boko said his country will double its stake in De Beers to 30%, a move that potentially paves the way for Anglo American Plc to finally exit the iconic diamond miner. The company has long been the cornerstone of the…
JPMorgan turns bearish on Molson Coors amid weak beer trends (TAP:NYSE)
Molson Coors Beverage Company (TAP) swung lower in early trading after JPMorgan lowered its rating to Underweight after having the beer stock slotted at Neutral. Analyst Drew Levine pointed to ongoing softness in the U.S. beer category, a…
Botswana Plans to Double De Beers Stake, Backs Gareth Penny-Led Consortium
PARIS — De Beers on Monday said it welcomes “Botswana's continued commitment to De Beers ” as the Southern African nation plans to double its stake in De Beers Group to 30 percent, positioning itself as the diamond company's…
Wake Forest's Blackbird Brewing is bringing its beer to downtown Durham
Wake Forest's Blackbird Brewery is opening a taproom in downtown Durham's Unscripted hotel, taking over the space formerly occupied by Pour. Why it matters: The move introduces a new local spot for drinks and food downtown looking out onto CCB…
Bay Area beer startup Fathers Brewing gets $2M in funding for organic lager
Bay Area-based Fathers Brewing has secured $2 million in funding for its organic beer that includes an investment from a Food Network star. The Lafayette -based company said in a news release on Thursday that celebrity chef Robert Irvine, who is…
Beer no longer 'recession-proof' as slabs push past $65
The boss of Australia's third-largest beer group, Coopers Brewery, says beer is losing its supposed recession-proof status as drinkers struggle to swallow the high cost of the beverage in a tough economy. Michael Shearer, the managing director of…
The Boston Beer Company, Inc. (NYSE:SAM) Stock Has Average Price Target of $208.82 According to Brokerages
The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) has earned a consensus rating of 'Reduce' from the twelve analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a…
Charming market town has 'best pub in the universe' and thriving independent high street
Hebden Bridge in West Yorkshire has picture-postcard scenes This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more Every town in the UK offers something a little different, so it's certainly…
Revellers slam food and drink prices at Birmingham Christmas Market
Revellers have branded Britain's biggest Christmas market a 'rip-off'. The Frankfurt Christmas Market in Birmingham claims to be the largest authentic German market outside of Germany or Austria. But punters blasted it, saying it's a 'rip-off'…
We're adding a consumer stock to diversify beyond the volatile AI trade
We're initiating a position in Constellation Brands, buying 270 shares at roughly $145 each. Following Monday's trade, Jim Cramer's Charitable Trust will own roughly 270 shares of STZ, representing 1% of the portfolio. As discussed at Monday's…
Kent's Defined Wine Ltd turns to carbon capture technology
A Kent winemaker using carbon dioxide capture technology in a bid to be more sustainable says it is 'the right thing to do'. Defined Wine Ltd in Patrixbourne, near Canterbury, has installed a unit that captures CO2 produced during the grape…
There's more than a whiff of politics to the sudden call to slash Labor's green energy subsidies
As Jim Chalmers, the treasurer, comes under increasing pressure to fight inflation by slashing spending in the mid-year budget update, the drumbeat is loudest for cuts in one specific area: green energy subsidies for households. Receiving the most…
Pretty Yorkshire town has 'best pub in the universe' and a thriving high street
Charming towns aren't hard to come by in Yorkshire, with their quaint high streets lined with traditional shopfronts against ancient landmarks and historic market squares. Many are nestled within valleys and undulating landscapes, while others have…
Bingo is making a comeback with younger crowds. This Lafayette bar is part of the trend.
Wednesday nights at the Yard Goat in Lafayette have become a destination for bingo players looking for more than a traditional game. Xtreme Bar Bingo combines music, friendly competition and prizes ranging from electronics to cash jackpots. The…
New Foreign Office alert to anyone planning on drinking alcohol abroad
The UK Foreign, Commonwealth and Development Office (FCDO) has issued a new warning to winter holidaymakers regarding the severe dangers of contaminated alcohol abroad. In a social media alert published today (November 9) on X, the FCDO urged…
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