Ambev, a subsidiary of Belgian multinational Anheuser-Busch InBev, buys corn syrup primarily from Ingredion and Cargill. According to its own estimates, Ambev was the Brazilian market leader in 2020 in terms of beer sales volumes, especially through its three main brand families: Skol, Brahma and Antarctica. However, Ambrev’s
The United States International Trade Commission (USITC) reported on Friday that it determined to impose countervailing and anti-dumping duties on imports of non-refillable steel cylinders from China. This was authorized after conducting an investigation that concluded that a US industry suffers material damage due to subsidies and sales
Investment flows to the European Union remained strong in the first quarter of 2021, highlighted the European Central Bank. As a preamble, business investment (represented by non-construction capital) remains relatively resilient, increasing further in Q4 2020. On the one hand, non-construction investment has been supported by strong capital
Germany‘s exports (goods and services) were 2.1% lower in February 2021 than in the same month of the previous year, according to provisional data from the Federal Statistical Office (Destatis). Conversely, German imports increased 0.2% in calendar and seasonally adjusted terms in February 2020. For Germany, international trade
Kansas City Southern (KCS) posted a 4% drop in revenue in the first quarter of 2021, to $ 706 million. Among other causes, the result is due to lower volumes, lower fuel surcharge and fluctuations in foreign currency. Chemicals and petroleum As part of that income, it obtained
The Mexican peso closed the week with an appreciation of 1.15% or 23.2 cents, trading around 19.93 pesos per dollar, being the third consecutive week that it gained ground against the dollar, in which it accumulated an advance of 3.18 percent. The exchange rate touched a weekly maximum