Beer consumption drops in China – outage due to virus – reports the world’s biggest beer brewer

Anheuser-Busch InBev warned on Thursday that its first-quarter earnings could be down 10 percent due to the coronavirus. The announcement was particularly badly received by investors, the stock price fell to an eight-year low – portfolio.hu wrote.

The world’s largest brewer also suffers from the coronavirus, Anheuser-Busch InBev announced on Thursday that its first quarter loss could be 10 percent due to the coronavirus. According to the company, the demand for coronavirus has dropped significantly in Chinese demand, including in bars and home consumption, especially during the Chinese New Year. (portfolio.hu)