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EU Commission searches food retailers in France

24-May-2019

The EU Commission has had two French grocers search buildings on suspicion of cartels. This was confirmed by the Brussels authority on Wednesday. There was concern that the two companies might have violated EU competition rules. These rules are intended to prevent price fixing so that consumers ...

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EU fines AB Inbev for restricting cross-border beer sales

14-May-2019

European Union anti-trust regulators are fining AB Inbev, the world's biggest brewer, more than 200 million euros ($225 million) for abusing its dominant position in the Belgian beer market. The EU's executive commission said Monday that the Belgium-based brewer is selling its popular Jupiler ...

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No lamb and no cheddar? A No-Deal-Brexit would have many consequences

09-Apr-2019

Better postponement than chaos-brexit: That's how it looked on Friday in the endless saga about the British withdrawal from the EU. But nothing is certain before the EU special summit on Wednesday and the danger of an unregulated departure of the British in a week's time has still not been ...

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AB InBev announces proposed changes to its board of directors

21-Mar-2019

On Tuesday, 19 March 2019,Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) (“AB InBev” or the “Company”) is announcing changes to its Board of Directors,subject to approval at itsannual ordinary and extraordinary shareholders’ meeting to be held on 24 April 2019 (the ...

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Scientists identify compounds in coffee which may inhibit prostate cancer

19-Mar-2019

For the first time, scientists have identified compounds found in coffee which may inhibit the growth of prostate cancer. This is a pilot study, carried out on drug-resistant cancer cells in cell culture and in a mouse model; it has not yet been tested in humans. This work is presented at the ...

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EU Court of Auditors: weaknesses in organic food controls

18-Mar-2019

The European Court of Auditors still sees weaknesses in the control of food with the EU organic label. Improvements were needed. "This is essential to maintain consumer confidence in the EU organic label," said Nikolaos Milionis, the responsible inspector, in Brussels on Thursday. The label with ...

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AB InBev Chairman Olivier Goudet To Resign To Focus On JAB Roles

07-Mar-2019

Anheuser-Busch InBev NV (AHBIF.PK) Chairman Olivier Goudet is stepping down from the company to focus on his roles as managing partner and chief executive officer at JAB Holding Co. Goudet will resign at AB InBev's shareholder meeting on April 24. "The board's succession plan has been developed ...

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EU Commission targets possible salmon cartel

20-Feb-2019

Consumers in Europe may have paid excessive prices for Atlantic salmon in the past. The EU competition authorities announced in Brussels on Tuesday evening that companies had been searched unannounced in several EU countries on suspicion of illegal agreements. The employees of the EU Commission ...

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AB InBev Reportedly Considers IPO For Its Asian Beer Business

06-Feb-2019

Anheuser-Busch InBev SA (AHBIF.PK) is looking to slim down and exploring a stock-market listing of its Asia business, according to the reports citing people familiar with the matter. The company has appointed JPMorgan Chase & Co. and Morgan Stanley to work on a potential initial public offering. ...

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Poland says no sick cows slaughtered

EU begins inspection

05-Feb-2019

Polish government officials denied that sick cows were slaughtered for meat in Poland as European Union investigators began a weeklong inspection Monday based on a media report that beef from unfit animals was exported to more than a dozen countries. Poland's top veterinarian, Pawel Niemczuk, ...

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