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Thirsty Czechs return to beer gardens as COVID rules relaxed

By Reuters Staff 2 Min Read PRAGUE (Reuters) - The world’s thirstiest beer drinkers finally clinked their pilsner mugs in the drizzle on Monday, as beer gardens opened despite unseasonably cold grey weather in the Czech Republic, a landmark event after five months of COVID-19 lockdown. FILE PHOTO: People cheer with beers at an outdoor seating section of a pub, as the Czech government lifted more restrictions allowing restaurants with outdoor areas to re-open amid the coronavirus disease (COVID-19) outbreak, in Prague, Czech Republic, May 11, 2020. REUTERS/David W Cerny “Finally I am sitting here as a human,” said Martin Krisko, savouring his cold beer with a meal served hot, on a plate, rather than lukewarm in a plastic takeaway container, at the Beer Time pub in Prague’s former industrial quarter Smichov.

Financials, industrials boost Sri Lanka stocks

By Reuters Staff 2 Min Read May 12 (Reuters) - Sri Lankan shares closed higher for a second consecutive day on Wednesday, helped by gains in financials, industrials and consumer staples stocks. The CSE All-Share Index rose 0.26% to end at 7,161.77. It has climbed 5.72% this year. Conglomerate John Keells Holding and food retailer Cargills (Ceylon) Plc were among the top boosts to the index, gaining 1.30% and 3.77%, respectively. Separately, Sri Lanka, which is battling a third wave of the coronavirus infections, said it had imposed an island-wide total lockdown from Thursday night to Monday morning. Sri Lanka is now reporting more than 1,900 new infections each day. The South Asian island nation last month had imposed curbs on public gatherings.

UPDATE 1-Heineken s European beer sales fall offset by rise in Africa, Asia

Africa division up 9.9%, Asia +5.4%, Europe -9.7% Outlook maintained for gradual improvement in second half (Updates with regional split) BRUSSELS, April 21 (Reuters) - Heineken NV, the world’s second-largest brewer, fared better than expected at the start of 2021 as increased beer sales in Africa and Asia offset a sharp decline in Europe. The maker of Europe’s top-selling lager Heineken, Tiger and Sol, retained its outlook that the impact of the COVID-19 pandemic was significant and markets should gradually improve in the second half of 2021, depending on vaccine roll-outs. The Dutch brewer sold 50.3 million hectolitres of beer in the first quarter, unchanged from a year earlier on a like-for-like basis. The average forecast in a company-compiled poll was for a 5% decline

ABinBEV opens $180 million brewery plant in Mozambique

By Reuters Staff 2 Min Read Bottles of non-alcoholic Leffe beer are seen on the bottling line at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. REUTERS/Francois Lenoir MAPUTO (Reuters) - Anheuser-Busch InBev (ABinBEV), the world’s largest beer producer, has opened a new $180 million brewery in Mozambique, the firm said on Thursday. The new site has a capacity of 2.4 million hectolitres per year, with potential to expand that to 6.7 million. Located in Marracuene, 30 km north of the capital Maputo, it represents the biggest investment in the sector in Mozambique. The Heineken group began producing beer in Mozambique in 2019 at a $100 million factory, also in Marracuene, with a production capacity of 800,000 hectolitres per year.

CORRECTED-UPDATE 1-Tech, Asia-tilted Dutch AEX index hits all-time high

Amsterdam's blue chip AEX index hit an all-time high of 703.29 on Wednesday, surpassing its September 2000 peak, as technology and Asia-oriented shares gained after a long retreat of bank and insurer valuations.

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