CARL-B Carlsberg A/S

Russian President Vladimir Putin has ordered that the assets of German retailer Metro AG be placed under temporary administration. The move comes amid escalating tensions between Germany and Russia over the Ukraine war.View on euronews

The Kremlin has ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, procedure that previously has led to the forced sale of Western businesses to Russian owners at knockdown prices. The local assets of the two multinationals were put under what the Kremlin says is temporary control by another company under an order issued late Thursday by Russian President Vladimir Putin. A 2023 law allows the Kremlin to place businesses from “unfriendly countries” under temporary administration.

Russia also placed the local businesses of French retailers Auchan and Leroy Merlin under temporary external administration, according to a presidential decree.

Nestlé said it is assessing its options after Vladimir Putin ordered the seizure of its Russian business.

The companies set out the plan in a letter to the UK government, agreeing to “voluntarily” disclose the data from next year.

The companies set out the plan in a letter to the UK government, agreeing to “voluntarily” disclose the data from next year.

The latest analyst work on Carlsberg resets the fair value anchor from DKK 1,045 to about DKK 1,068, providing an updated reference point for where models currently cluster. Commentators describe this as a modest recalibration, with the small change in the headline figure reflecting fine tuning of assumptions rather than a shift in the overall story. Read on to see what is driving this update and how you can track the evolving Carlsberg narrative from here. Analyst Price Targets don't always...

Carlsberg AS (CABGY) raises full-year guidance on robust Britvic synergies and margin expansion, while navigating a challenging Chinese beer market.

Soft drinks and alcohol-free brews helped the Danish brewer lift profits and guidance, even as China poured cold water on the party.

The Danish beer giant said it has been supported by earlier-than-expected benefits from its £3.3 billion takeover of J2O maker Britvic last year.

↗️ SK Hynix (SKHY, KR:000660): The chip giant announced plans for a $28 billion buyback. Its U.S.-listed shares jumped in premarket trading. Earlier, its Korean shares closed nearly 10% lower amid a selloff in Asia.

Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly.

Alphabet headlines a pivotal earnings week as investors watch AI spending plans, while central bank decisions and global events shape market sentiment.

By Vibhuti Sharma and Yantoultra Ngui MUMBAI, July 20 (Reuters) - Coca-Cola has appointed JPMorgan and Citi as bankers for a planned 2027 initial public offering of one of its majority-owned bottling