The brewer behind Corona beer has warned of the steepest decline in quarterly profit for at least a decade after the coronavirus outbreak cost it $170 million (£132 million) in lost profit.
Anheuser-Busch InBev is the world’s biggest brewing giant and is also behind the Budweiser and Stella Artois brands.
It forecast that its first quarter earnings will tumble by about 10 per cent after the virus saw demand slump in China.
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