BRUSSELS/LONDON, Oct 28 (Reuters) – With half the world’s
beer produced by four big firms and few markets left for them to
tap, the time may be right for a $100 billion merger between the
two largest, Anheuser-Busch InBev and SABMiller
This mega-deal is tipped by analysts as the most likely
tie-up because of the other two, Heineken is family
controlled and Carlsberg is protected by a trust.
BRUSSELS (Reuters) – Heineken (HEIN.AS: Quote, Profile, Research, Stock Buzz), the world’s third largest brewer, reduced its full-year profit guidance on Wednesday after beer sales in eastern European dropped sharply and slipped in Brazil and in large African markets.
The group, which brews Europe’s best-selling Heineken lager, Sol, Tiger and Stongbow cider, said it now expected its net profit before one-offs to fall by a low single-digit percentage this year on a like-for-like basis.
LUXEMBOURG (Reuters) – European Union governments agreed on Friday to start talks with China to remove restrictions on foreign investment and set clearer rules on doing business after months of trade disputes over Chinese solar panels and EU wine.
The decision by trade ministers from the EU’s 28 member states means negotiations with China can start at a summit in Beijing on November 21, with the aim of sealing an investment agreement in the following two-and-a-half years.
BRUSSELS/LUXEMBOURG (Reuters) – The European Union and Canada agreed a multi-billion-dollar trade pact on Friday that will integrate two of the world’s largest economies and paves the way for Europe to clinch an even bigger deal with the United States.
Canadian Prime Minister Stephen Harper and European Commission President Jose Manuel Barroso sealed the pact – the EU’s first with a member of the Group of Eight biggest world economies – by resolving outstanding issues in Brussels.
BRUSSELS, Oct 17 (Reuters) – The European Union and Canada
are expected to close negotiations on a multi-billion-dollar
trade deal on Friday if they can overcome final disagreements
ranging from medicine patents to feta cheese and integrate two
of the world’s biggest economies.
Canadian Prime Minister Stephen Harper and European
Commission President Jose Manuel Barroso will meet at around
midday (1000 GMT) in Brussels to wrap up talks that were
launched in 2009 but which stalled early this year over demands
for greater access to each other’s markets.
BRUSSELS (Reuters) – Belgium ended their campaign on a muted note on Tuesday as a late strike by Aaron Ramsey secured a 1-1 draw for Wales, slightly dampening home celebrations to mark the country’s qualification for a first World Cup in 12 years.
Having already booked their ticket to Brazil with Friday’s 2-1 win in Croatia, the Group A winners threatened only sporadically for the first hour against a well-organized Welsh defense.
BRUSSELS, Oct 15 (Reuters) – Belgium ended their campaign on a muted note on Tuesday as a late strike by Aaron Ramsey secured a 1-1 draw for Wales, slightly dampening home celebrations to mark the country’s qualification for a first World Cup in 12 years.
Having already booked their ticket to Brazil with Friday’s 2-1 win in Croatia, the Group A winners threatened only sporadically for the first hour against a well-organised Welsh defence.
BRUSSELS (Reuters) – Belgium is “in” and, suddenly, so may be Belgitude.
French- and Dutch-speaking Belgians have come together to celebrate their national football team, whose 2-1 win over Croatia on Friday secured the Red Devils a place at the 2014 World Cup, their first major international tournament in 12 years.
BRUSSELS, Oct 7 (Reuters) – Belgian chemicals and plastics
maker Solvay has agreed to buy privately held
Chemlogics for $1.345 billion, bringing its share of the $8
billion-a-year U.S. market for chemicals used by the oil and gas
industry to 10 percent.
The market is forecast to grow 6 percent a year to 2017,
driven by fracking or horizontal drilling for shale oil and
shale gas as well as deepwater drilling, Solvay said.
BRUSSELS, Sept 29 (Reuters) – Dutch preference shares, once
a device to share the benefits of a family business, have become
an unbreachable barrier to hostile takeovers in the Netherlands,
most recently forcing Mexico’s America Movil to the
America Movil, Latin America’s biggest telecoms group,
quickly learned that it could not simply muscle in on its
target, Dutch peer KPN, after a foundation charged with
protecting the group exercised a call option on preference
shares that gave it half the company’s voting rights.