Brazil's Vale loads first ore from new S11D mine
BRASILIA, Jan 16 Brazilian miner Vale SA said on Monday it has loaded the first commercial shipment of iron ore from its giant new mine in the Amazon known as S11D.
LONDON May 24 The Western European beer market fell 2.5 percent in volume terms in 2009, with nearly all markets falling, while the Heineken brand held on to its top spot for the 22nd year, said independent researcher Plato Logic.
The world's four biggest brewer -- Anheuser-Busch InBev (ABI.BR), SABMiller SAB.L, Heineken (HEIN.AS) and Carlsberg (CARLb.CO) -- are all based in Western Europe and have relied on growth from the emerging markets of Latin America and Asia rather than recession-hit western Europe.
"Nearly all markets were lower in what was clearly a difficult year, with volumes in the on-trade channel falling by around 6 percent," said Plato director Ian Pressnell said in a report on Monday.
The premium beer market declined by more than 3 percent, showing it had suffered more as beer drinkers traded down to cheaper brews in tough economic times, he said.
The Heineken brand sold over 11 million hectolitres of beer in 2009 to retain its top spot while Carlsberg with nearly 8 million hectolitres leapfrogged Molson Coors' (TAP.N) Carling beer into second place.
Heineken brews Foster's and Amstel filled fourth and fifth spots, while Carlsberg's Kronenbourg came sixth and AB InBev's Stella Artois seventh. (Reporting by David Jones; Editing by Dan Lalor)
MEXICO CITY, Jan 16 Mexico's central bank cannot rule out further intervention in the foreign exchange market, deputy governor Javier Guzman said on Monday.
Jan 16 American Apparel LLC started to lay off staff on Monday, after Canada's Gildan Activewear Inc withdrew its initial plan to buy some of the bankrupt U.S. fashion retailer's manufacturing operations, people familiar with the matter said.