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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Golden ale sales soar as lager drinkers turn their backs on the fizz

Category : Business

Tesco reports that sales of pale malt beer seen as ‘stepping stone’ from lager to ale have risen by 40% on last year

Golden ale is the UK’s fastest growing beer variety, having lured increasing numbers of drinkers away from the dominant and heavily promoted lager brands.

Retail analyst Nielsen reports that sales of golden ale have soared by 26% in the last year across all retailers, while sales of lager fell by 3% over the same period.

At Tesco, the UK’s biggest beer retailer, the trend is even more marked with year-on-year growth of 40%, far larger than for any other type of beer.

Industry experts say golden ale has become the stepping stone for younger drinkers as they switch from lager to ale.

Among the most popular golden ales are Thwaites Wainwright, Greene King Old Golden Hen, Greene King IPA, St Austell Tribute, Badger Fursty Ferret, and Harviestoun Bitter & Twisted.

Roger Protz, editor of the Good Beer Guide called the trend “a remarkable turnaround. A few small brewers in the 1980s launched golden ales because they didn’t have the right equipment to make lager but wanted to introduce younger drinkers to the delights of paler beers.

“The beauty of golden ales is that they’re made only with pale malt, so there are no roasted, darker malts to impede the hops. The result is a beer style that positively bursts with tangy, zesty and citrus hop flavours.”

Tesco ale buyer Chiara Nesbitt added: “Over the last five years ale has made a resounding revival as a flavoursome beer that is now appealing to a younger generation of beer drinkers. Golden ale with its light and refreshing taste is playing a major role in this revival as it is the beer lager drinkers first generally try if they want to switch to ale.”

Pakistan and India start new era of trade co-operation with a beer

Category : Business

Murree Brewery’s lager returns to market lost since 1947 partition as politicians turn tap to increase trickle of business

Amid rising hopes for an unprecedented opening up of trade between south Asia’s two nuclear rivals, Indian drinkers are soon to enjoy Pakistani beer for the first time since the two countries gained independence.

Murree Brewery, a Raj-era oddity in an increasingly conservative Islamic country, says it will shortly start selling its lager in India, the historic market it lost access to when the subcontinent was partitioned in 1947.

The joint venture with an Indian beer maker represents a remarkable step as the countries try to overcome decades of hostility to increase the tiny amount of trade that trickles across their border.

“This is a huge opportunity for us, given the size of the Indian market,” said Sabih-ur-Rehman, a former major who helps run the brewery and dreams of Murree beer becoming as internationally recognised as other Asian brands – such as Kingfisher (India), San Miguel (Philippines) and Singha (Thailand).

Despite the common history shared by the two billion people of Pakistan and India, business between the countries is pitiful. In 2009, only 1% of India’s total trade was with Pakistan, which itself only sold 1.7% of its exports to its neighbour.

Pakistan’s leaders believe trade could help to revive the country’s failing economy, though it remains unpopular with some religious parties.

Optimists even claim better economic ties could ultimately help the two overcome their entrenched disputes over issues such as the control of Kashmir and the future of Afghanistan.

“Improvement in trade will mean greater interaction across the borders and great interaction inevitably leads to greater understanding,” said Kamran

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Carling brewer buys Staropramen

Category : World News

The brewer that owns Carling lager agrees to buy Eastern European rival StarBev, which owns Staropramen, for $3.5bn (£2.2bn).

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The Beer Dance: The Championship Of Our Craft Beer March Madness Bracket

Category : Stocks

NEW YORK — (MainStreet) — Our craft beer bracket is down to two brews and two fervent fan bases. Let the final beer battle begin.

Just a few weeks ago, we had a full 14-pack of craft beers from NCAA tournament host cities. Much as the NCAA’s field of 64 winnowed down to the University of Kansas Jayhawks and University of Kentucky Wildcats, our case is down to just two beers sharing the top shelf of our fridge: Samuel Adams Boston Lager and Schlafly Dry Hopped APA.

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See the rest here: The Beer Dance: The Championship Of Our Craft Beer March Madness Bracket

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Asahi eyes 60% China beer sales boost

Category : World News

Asahi Breweries Ltd. hopes to boost its beer sales in China this year by 60 percent from the previous year to 1.2 million cases and to improve efficiency to make its Chinese operations profitable for the first time since its 1994 foray into the market, company officials said Thursday.
With its beer sales in China expanding 16 percent last year to 750,000 cases, the brewer is planning to further increase sales of its mainstay Super Dry lager, mainly in the coastal zone, including Shanghai, they said. One case contains 20 633-milliliter bottles.

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Global brewers including Anheuser-Busch Inbev ([[BUD]] +0.1%) are lining up to make a run for Starbev – owner of the Czech lager Staropramen – according to the WSJ. Sources say talks are only in the early stages on a deal that could fetch as much as…

Category : Stocks, World News

Global brewers including Anheuser-Busch Inbev (BUD +0.1%) are lining up to make a run for Starbev – owner of the Czech lager Staropramen – according to the WSJ. Sources say talks are only in the early stages on a deal that could fetch as much as $3B for the company. Post your comment!

See the rest here: Global brewers including Anheuser-Busch Inbev ([[BUD]] +0.1%) are lining up to make a run for Starbev – owner of the Czech lager Staropramen – according to the WSJ. Sources say talks are only in the early stages on a deal that could fetch as much as…

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