The stable outlook for the global beverage industry is based on the view that most beverage companies will be able to sustain current cash-flow levels by continuing to cut costs and by increasing retail prices over the next year, according to Moody's Investors Service. "The ability to pass through price increases to customers without hurting

Anheuser-Busch Cos. Inc. announced that it achieved good U.S. beer volume growth in the third quarter. Driven by the successful national introduction of Bud Light Lime, U.S. beer shipments-to-wholesalers increased 2.3% for the third quarter, with sales-to- retailers for the quarter up 3.6%. In addition, the pricing environment in the U.S. beer market continues to

Extraordinary actions by central banks, finance ministries, and governments in the last few days have failed to contain, let alone diminish, the financial crisis, note Citigroup analysts. In particular, trust among banks is so depleted that the interbank market remains virtually paralyzed, as highlighted the persistent high level of three-month LIBOR rates, even after the

SYDNEY (Reuters) – The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street Journal reported on Friday. The New York Times reported that U.S. and British officials were converging

Monetary easing in Asia and massive U.S. bank borrowing from the Federal Reserve did little to calm the panic in credit markets at the epicentre of the global financial crisis. Overnight interbank borrowing rates eased after central banks around the world cut interest rates earlier this week, but they held well above target rates in