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Brewer Sabeco profits up 75% in 9 months

Brewer Sabeco profits up 75% in 9 months

Vietnam’s biggest brewer Sabeco gained after-tax profits exceeding VND4.42 trillion ($1=VND24,800) in the first nine months of 2022, a year-on-year surge of 75%. Sabeco’s revenues surpassed VND25.1 trillion, up 44% on-year, according to its latest financial statements. Meanwhile, the firm spent over VND1.8 trillion on advertisements and promotions. In the …

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Thousands protest in Germany demanding solidarity in energy relief

Thousands protest in Germany demanding solidarity in energy relief

Tens of thousands of protesters in six German cities gathered on Saturday to demand a more just distribution of government funds to deal with rising energy prices and living costs. Protesters marched in Berlin, Duesseldorf, Hannover, Stuttgart, Dresden and Frankfurt-am-Main, holding signs bearing slogans on everything from lowering inflation to …

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Red Bull owner Dietrich Mateschitz dies aged 78

Red Bull owner Dietrich Mateschitz dies aged 78

Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at the age 78 after a serious illness with cancer. His death was confirmed by the championship-leading Red Bull Formula One team. The Styrian-born entrepreneur built a global empire around the energy drink …

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