AB InBev Suffers First Core Profit Decline On Brazil Slump
Anheuser-Busch InBev, the world’s largest brewer, suffered its first decline in core earnings since its formation over a decade ago as recession-hit Brazil depressed beer sales by even more than expected. The brewer of Budweiser, Stella Artois and Corona, which makes more than a quarter of the world’s beer, highlighted difficulties it faces in Brazil, … Read more