News
Chairman Michael Turner poses with a beer, after brewer Fuller, Smith & Turner announced their results in London June 6, 2008. REUTERS/Luke MacGregor

Fuller's profit down in "challenging" conditions

Pubs operator and brewer Fuller, Smith & Turner reported a decline in underlying interim profit on Friday as trading conditions remained challenging.

Bud Light and Budweiser beer is shown in a cooler at the Toluca Mart liquor store in Los Angeles, California June 16, 2008. REUTERS/Fred Prouser

InBev closes Bud deal to become No. 1 brewer

InBev NV closed its purchase of U.S. brewer Anheuser-Busch Cos Inc to create the world's largest brewer in the biggest cash acquisition in history, despite a global financial crisis that has stymied other deals.

Premier Foods scraps dividend

Premier Foods, the country's biggest food manufacturer, said Tuesday it will not pay an interim dividend in 2008 as it looks to reduce its debt.

Cranswick profit up 5 percent

Premium pork supplier and pet food maker Cranswick on Monday beat analyst expectations with a 5 percent increase in first-half profit and said it believes cost pressures have peaked.