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Bubbling profits for AB InBev despite Bud Light boycott
Bubbling profits for AB InBev despite Bud Light boycott
Economy
by  AFP

The world's largest brewer AB InBev on Wednesday toasted a jump in profits in the first quarter, despite a drop in beer sales driven by a Bud Light boycott in the United States. AB InBev got caught in the US culture wars in 2023 after it teamed up with a transgender influencer to promote Bud Light, which sparked a boycott by conservative figures.

AstraZeneca withdraws Covid vaccine as demand dives
AstraZeneca withdraws Covid vaccine as demand dives
Economy
by  AFP

Anglo-Swedish drugmaker AstraZeneca on Wednesday said it was withdrawing Covid vaccine Vaxzevria, one of the first produced in the deadly pandemic, citing "commercial reasons" following a slump in demand. The company will work with other regulators globally to start market authorisation withdrawals for the Vaxzevria "where no future commercial demand for the vaccine is expected".