European stocks posted their longest losing streak in eight weeks amid speculation that the minutes of the Federal Reserve’s July meeting will give further details of when the central bank will slow its monthly bond purchases.
Heineken NV, the world’s third- biggest brewer, said poor spring weather in Europe led to weak second-quarter revenue and predicted that earnings this year won’t grow as consumers in the region curb spending.
Heineken NV, the world’s third- biggest brewer, will sell its Finnish drinks business Oy Hartwall AB to Danish Royal Unibrew A/S for an enterprise value of about 470 million euros ($614 million), it said today.
Heineken NV, the world’s third- biggest brewer, more than doubled Chief Executive Officer Jean- Francois Van Boxmeer’s remuneration in 2012 as it awarded him one-time share bonuses worth 4 million euros ($5.2 million).
Heineken NV, the brewer that got approval to buy control of its Asian business for S$5.6 billion ($4.6 billion) today, said the region will represent a larger chunk of profit as more consumers drink its beer.
Heineken NV, the world’s third- biggest brewer by volume, and partner Asia Pacific Breweries Ltd. plan to boost profitability in China by focusing on premium beer in the world’s fastest-growing major economy.
Heineken NV , the world’s third- largest brewer, doesn’t have any intention of a “big merger” and wants to stay an independent group, Chief Executive Officer Jean-Francois van Boxmeer told Trends-Tendances magazine.