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The Latest Breaking News from Carlsberg

Are These 3 Beverage Stocks Worth Watching for Stability?

Despite macroeconomic concerns, beverage demand is expected to remain steady. Therefore, I believe Monster Beverage (MNST), Coca-Cola Europacific Partners (CCEP), and Carlsberg (CABGY), which are fundamentally robust, could be worth watching for stability. Read on.

StockNews.com

It wasn't just you—beers have had a challenging 2023 as well, from consumer boycotts and sobering volumes to 'stolen' breweries

The beer business was impacted by softer consumer demand and other unexpected tumult—but an up-and-coming beer category has offered some solace.

Fortune

The best football shirt sponsors of the 90s

Ranking the most iconic brands on footy kits during the final decade of the 20th century

FourFourTwo

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Carlsberg CEO plans to continue hiking beer prices and expand in Asia as the brewer tries to offset the loss of its ‘stolen’ Russian business

Carlsberg chief Jacob Aarup-Andersen said consumers can expect "price increases from us again next year.”

Fortune

3 Beverage Stocks Brewing Profits in November

The beverage industry’s outlook appears optimistic owing to consistent demand and high-growth opportunities to meet shifting consumer preferences amid growing health awareness worldwide. Amid this backdrop, it could be wise to invest in quality beverage stocks Carlsberg (CABGY), Coca-Cola (COKE), and Primo Water (PRMW) this month for substantial gains. Read…

StockNews.com

European brewing giant's CEO on Russia stealing its flagship beer business: 'A very, very sad and unfortunate turn of events'

Jacob Aarup-Andersen says the loss will be reflected in year-end results: "We have taken the full hit of losing the ownership of the Russian business."

Fortune

Russia-Ukraine war: List of key events, day 588

As the war enters its 588th day, these are the main development.

Al Jazeera

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Carlsberg's new CEO bought $1.6 million shares in the company just days into the job—it's his tactic to battle slumping share prices

CEOs have bought shares in their companies before—the practice is seen as a vote of confidence by investors.

Fortune

Heineken exits Russia with €1 sale of operations

Dutch multinational brewer takes €300m loss from transfer of assets to Russia’s Arnest Group

The Guardian - UK

Putin sets sights on re-election but cost of war can only grow

With defence spending booming, China onside and murky deals filling gaps left by sanctions, the Kremlin believes it can weather a damaged rouble, but will Russians stomach welfare cuts if they come?

The Guardian - UK

Carlsberg's Russian beer empire faces nationalization, CEO fears

Cees ’t Hart, Carlsberg’s CEO, admits he was “shocked” at how the Danish brewer’s Russian operations were seized by authorities.

Fortune

Carlsberg boss ‘shocked’ after Putin seizes beer business

On Wednesday Carlsberg reported that it had sold 5.24 billion litres of beer during the first six months of the financial year

The Independent UK

‘Carlsberg discriminated against us on a national basis’: Bosniak staffer

In 2014, a staffer asked that a photo of a convicted war criminal was removed from the premises. The legal saga goes on.

Al Jazeera

Russia seizes local assets of Danone and Carlsberg, increasing fears for remaining foreign brands

The Russian government has seized the local subsidiaries of both French dairy group Danone and Danish brewer Carlsberg using a decree signed by President Vladimir Putin on Sunday. This follows the introduction of new rules in April that allow the state to take over the assets of firms from "unfriendly"…

France 24

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The Guardian - AU

Putin says Russia preparing response to Crimea bridge attack; US condemns Moscow grain deal exit – as it happened

Russian president calls attack ‘cruel and senseless’ after Kerch Bridge hit by latest strike; Antony Blinken says Russia exit from deal ‘unconscionable’

Al Jazeera

Russia-Ukraine war: List of key events, day 509

These are the main developments as the Russian invasion of Ukraine enters its 509th day.

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 509 of the invasion

‘Fierce battles’ in eastern Ukraine as fighting intensifies, Kyiv says; Russia seizes control of shares in Danone and Carlsberg subsidiaries

The Guardian - AU

Drones shot down over Crimea, Moscow claims; Putin says Russia has stockpile of cluster bombs – as it happened

Russia says air defence forces intercepted attacks over port city of Sevastopol; Putin says Russia will take ‘reciprocal’ action if devices used on his troops

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Daily Record

TRNSMT bar prices 2023 released before Scotland's biggest festival - full list

Music fans will be paying up to £6.50 for a pint during the three-day TRNSMT festival.

The Independent UK

Companies find it's not so simple to leave Russia; some quietly stay put

When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately

The Guardian - UK

Essex pub that displayed racist dolls closes after boycott by suppliers

Heineken, Carlsberg and Innserve cut ties with White Hart Inn, which had golly dolls confiscated as part of police investigation

The Independent UK

How racist golliwog doll display led to a police raid, boycotts and pub’s eventual closure

Police raided the White Hart Inn in Gray’s Essex in April to investigate an allegation of hate crime – a month later the landlords were cut off by suppliers and shut up shop, as Jane Dalton reports

The Independent UK

Pub closes after row sparked by seizure of golliwog dolls by police

A collection of the dolls were removed from the White Hart Inn in Grays, Essex.

Wales Online

Carlsberg explains why it has had to put up prices

The company, which also brews Tuborg and Brooklyn beer, said it is “uncertain” how recent increases will affect the amount of its beer bought by customers

Daily Mirror

Mum left furious after buying ‘probably’ world’s worst crate of Carlsberg for £15

Mum Anne-Maria Elsbury and husband Wayne Morgan paid £15 for a crate of 144 cans of Carlsberg but said the batch was just "beerwater" that could have made them ill

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