Meantime beer: SAB Miller, the world’s second-biggest brewer, has announced its purchase of Meantime brewery to give it a foothold in craft brewing. Photograph: Justin Tallis/AFP/Getty Images

SABMiller is buying Britain’s Meantime Brewing Company, swallowing up one of the pioneers of the country’s craft brewing movement to give the owner of(...)

A worker monitors beer bottles as they move along a conveyor belt on the automated beer bottling plant at SABMiller’s  brewery in Cape Town, South Africa. Photo: Bloomberg

SABMiller reported full-year profit above analyst expectations as performance picked up in the latter half of the year, but said trading would continu(...)

Cans of Anheuser-Busch Bud Light brand beer sits in a warehouse at Brewers Distributing  in Peoria, Illinois. Photographer: Daniel Acker/Bloomberg

Anheuser-Busch InBev, the maker of Beck’s and Corona beer, reported third-quarter profit growth that fell short of analysts’ expectations, weighed d(...)

SABMiller is a target for its rival Heineken

Poor summer weather in China hit SABMiller’s lager sales in the second quarter, though higher prices and a jump in soft drink sales helped boost reven(...)

Diageo, the world’s biggest spirits company as well as the maker of Guinness and Red Stripe beers, posted a 3.1 per cent rise in sales for its first quarter to September 30th

China’s crackdown on corruption, and with it luxury gift-giving, has again hit quarterly sales of spirits, European drinks groups Diageo and Remy Coin(...)

Italian airline Alitalia is currently losing close to €2 million a day.  photograph: max rossi/reuters

And now for something completely different – Italian airline Alitalia is in crisis...again. Given that this former state run, now privatised flag carr(...)