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Advertising sign depicting a PepsiCo bottle cap and blue letters saying: “Have a Pepsi” (Photo by Tim Mossholder on Unsplash)

Russia | Looks like PepsiCo and Coke are taking the slow boat out of Russia. In March, PepsiCo had vowed to suspend production and sales of its products after Russia invaded Ukraine. It also said it would continue to sell daily essentials, such as milk and baby formula, for humanitarian reasons.

A can of beer in the sand (Photo: Jakub Pabis on Unsplash)

United Kingdom | In early September, Heineken bought the 51 percent of craft brewer Beavertown it did not already own, for an undisclosed sum. The deal likely netted its founder Logan Plant, the son of the Led Zeppelin frontman, Robert, tens of millions of pounds.

Glass of beer (Photo: monica de loxley on Unsplash)

Italy | Galloping prices for gas, bottles, and CO2, as well as the erosion of consumers' purchasing power: If the recovery of tourism has supported beer consumption up until now, the end of summer will be the real test.

BrewDog’s Waterloo bar, its largest yet (Photo: courtesy of BrewDog)

United Kingdom | Scottish craft brewer and bar operator BrewDog announced the permanent closure of six pubs due to spiralling operational costs and a lack of help from a “clueless government”.

View of the Kremlin in Moscow (Photo by Daniil Zameshaev on Unsplash)

Russia | On 24 February, Russia invaded Ukraine. The West has since responded with a barrage of sanctions and appeals to boycotts, which aim to cripple the world’s 11th-biggest economy, stall the war effort, prod ordinary Russians to protest, and deter other foes (namely China) from similar escapades. What are the results?

Angel statue in Kyiv, Ukraine (Photo by Gleb Albovsky on Unsplash)

Ukraine | Domestic beer production (until end of July 2022) declined by 32 percent over the same period last year to 7.1 million hl, according to industry body “Ukrpivo”. Beer production recovered during the second quarter, after a massive drop of 50 percent in the first quarter.

Red neon sign saying, “Craft is King!!” (Photo by Samuel Regan-Asante on Unsplash)

United Kingdom | Although craft beer has entered its second decade, there are no signs that the segment has reached a peak. Research from accountancy firm UHY Hacker Young shows that hopefuls are still entering the brewing industry. About 200 new brewing licenses were issued in the UK in the year up to 31 March 2022, bringing the total number to 2,426.

Taps in a London Pub (Photo: Ben Black on Unsplash)

United Kingdom | It was not to be. Australian brewer Lion announced the sale of its UK-based operations, including the Magic Rock and Fourpure breweries to the newly launched venture Odyssey Inns, effective 8 August 2022. The sale marks Lion’s retreat from the UK.

Two people drinking beer in the sunset (Photo: Rashid Khreiss on Unsplash)

United Kingdom | It is a big worry. Gen-Zers, also known as post-millennials, because they will come of age this decade, do not take to beer in such a big way as previous generations did. Beer marketers are confounded: How to attract them to the category? Heineken thinks it got the answer: Heineken Silver.

Pub in London (Photo: Montse Monmo on Unsplash)

United Kingdom | The UK pub chain Wetherspoon is charging its customers as much as GBP 6.29 (USD 7.70) per pint at some London pubs – more than twice that it charges outside the capital.

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