Budweiser’s Asia Unit Posts Loss

May.06 — The Asia-Pacific beer unit of Anheuser-Busch InBev NV posted a quarterly loss as strict lockdown measures kept restaurants and bars shut through February and March in China. Bloomberg’s Daniela Wei reports on “Bloomberg Markets: China Open.”


In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

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In This Story: Lockdown

During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.

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In This Story: Pacific

The Pacific Ocean is the largest and deepest of Earth’s oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean in the south and is bounded by the continents of Asia and Australia in the west and the Americas in the east

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