The world’s largest brewer reported a steeper decline in sales volumes than analysts had expected, sending shares sharply lower in European morning trade.
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AB InBev shares slide on concern over sales volumes
LONDON (Reuters) -Beer giant Anheuser-Busch InBev said on Thursday its second quarter sales volumes fell more than expected due to weak demand in Brazil and China, adding to investor worries over …
44 Killed, 9 Missing After Flash Flood In Beijing
Officials in Beijing have launched all-out disaster relief and rescue operations in the last four days after a fresh spell of intense rainstorms damaged roads, disrupted power supply, and prompted mass evacuations.
China’s star wars arms race with the West: Beijing scientists draw up list of ways to hunt and destroy Elon Musk’s armada of Starlink satellites amid mounting tensions with America
They see the system as a growing threat to national security, especially because of its potential to be used by the US in a military confrontation and for spying.
China Questions Nvidia’s AI Chip As US Export Controls Stoke Tensions
Nvidia faces scrutiny in China over security concerns for H20 chip. Chinese regulators worry about user data and privacy risks, despite recent US export ban lift.
Shenzhen–Hong Kong Join Forces for Tech Innovation Zone
HONG KONG SAR – Media OutReach Newswire – 30 July 2025 – The Greater Bay Area International Clinical Trial Institute of Hong Kong (“GBAICTI”), the Greater Bay Area International Clinical Trials Center …
Beijing officials admit ‘gaps’ in readiness after rain kills dozens
BEIJING: Beijing city officials admitted on Thursday (Jul 31) they had not been prepared for heavy rains that soaked swathes of the capital, killing 44 people and leaving nine still missing. Swathes of northern China…
Livestream event promotes significance of Beijing Central Axis
A livestream event centered on the Beijing Central Axis was hosted in Beijing on July 26, aimed at promoting the site’s historical and cultural significance. Organized by the Beijing Central Axis Protection Foundation, the livestream…
China calls on EU to practice restraint with trade restrictions, foster fair business environment for Chinese firms
China’s Ministry of Commerce (MOFCOM) has urged the EU to show restraint when using restrictive trade tools, and foster a fair, just and non-discriminatory business environment for Chinese companies.
AB InBev shares dive on poor volumes in Trump-targets China and Brazil
In Johannesburg, AB InBev shares were down 9.1% to ZAR1,087.41 on Thursday morning. They were down 9.5% to EUR52.58 in Brussels. First half revenue fell 4.2% to USD28.63 billion from USD29.88 billion …
44 dead, including 31 from a nursing home, 9 missing in heavy rainfall in Beijing: Beijing authority
The recent heavy rainfall in Beijing has resulted in 44 deaths and nine people missing, with death toll including 31 from a nursing home in Miyun district, Beijing authority revealed during the press conference on…
Satellite Imagery Shows China Upgrading Aircraft Carrier Base
AllSource Analysis—a Colorado-based geospatial intelligence provider—shared satellite imagery taken on July 17 that shows what it described as “ongoing construction activity” at Yulin Naval Base, located on the East Asian power’s southern island province of…
Nvidia’s China-bound H20 AI chips face Beijing scrutiny over ‘tracking’ and security concerns
Nvidia met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.