Headlines

Beverage World presents the latest news from across the worldwide beverage market.

Anheuser-Busch Waters Down Beer, Lawsuits Claim

Beer drinkers, in several lawsuits filed across the U.S., are accusing Anheuser-Busch InBev of watering down its top brands, but the global brewing giant says the claims are all wet. Lawyers representing consumers in California, Pennsylvania and New Jersey filed the lawsuits in the past week, alleging that the brewer’s St. Louis-based U.S. unit, Anheuser-Busch, dilutes some of its most popular beers and lists a higher alcohol content than the beers actually contain. (St. Louis Post-Dispatch)

Read more...

Coke Femsa Reports Higher 4th-qtr Profit

Mexico's Coca-Cola Femsa on Wednesday said its fourth-quarter profit rose 35 percent. The company, a joint venture of Coca-Cola Co and Mexican firm Femsa, said fourth-quarter profit increased to 4.324 billion pesos ($336 million) from 3.212 billion pesos in the year-earlier period. (CNBC)

Read more...

AB InBev Sees U.S. Improvement

Anheuser-Busch InBev NV, the beermaker seeking control of Mexico’s Grupo Modelo SAB, anticipates improved profitability in the U.S. after growing share in the country for the first time since 2009. The brewer feels “much better about the U.S. trends” after three years of “very soft markets” there, Chief Financial Officer Felipe Dutra said today on a conference call. (Bloomberg)

Read more...

Coke: Russia On Par With Nigeria for Business Risks

The risks of doing business in Russia are on par with those in Nigeria and Romania and can negatively affect sales, Coca-Cola said in a report issued to its investors. Complex regulation, inconsistent state policy and conflicting decisions between national, regional and municipal authorities increase business costs, Vedomosti cited the company as saying in its report on Wednesday. (The Moscow Times)

Read more...

U.S. Farmers Using Robots to Milk Cows

Milking cows is a messy, menial and low-paid job that few US workers want to do.For years, dairy farmers - like much of America's agricultural sector - have therefore relied on immigrants. But visas are often only available for migrants doing seasonal work such as fruit picking. And a crackdown on undocumented workers, which has led to a record number of deportations, has made it even harder for farmers to find the staff they need. (BBC)

Read more...

Brooklyn's Bed-Stuy Getting Its Own Brewer

Bedstuy Brewing Co., a new brewery from the owner of Alewife in Long Island City, is coming to a bar near you. Patrick Donagher, who owns Alewife and founded craft beer organization Get Real NY, joined with friend Manny Calderon to launch the brewery, something Donagher said the two have wanted to do for years. (DNAinfo.com)

Read more...