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Heineken profits slide as beer price hikes curb enthusiasm
Heineken profits slide as beer price hikes curb enthusiasm
Business and Economy
by  AFP

Dutch brewer Heineken on Monday lowered its earnings outlook for the full year after price hikes to counter soaring costs battered beer sales, pushing down profits in the first half. For the full year, it now expects a "stable to a mid-single-digit" operating profit growth on a like-for-like basis, after an 8.8 percent drop in the first half, to 1.9 billion euros.

Dutch authorities tow fire-struck cargo ship to new location
Dutch authorities tow fire-struck cargo ship to new location
Business and Economy
by  AFP

A cargo ship packed with electric cars ablaze off the Dutch coast has been towed to a new temporary position, authorities said Monday, racing to prevent an ecological disaster. Its new position is better suited "for the different scenarios and weather conditions expected", the authorities said, with Dutch broadcaster NOS adding that the ship is also now out of busy shipping lanes.