logo
  

Carlsberg Group CEO Cees 't Hart To Retire - Quick Facts

Carlsberg Group (CABGY.PK) announced Cees 't Hart has decided to retire and has informed the Supervisory Board of his intention to leave Carlsberg by the end of third quarter, 2023 at the latest.

The Group also announced it plans expanded regenerative barley usage across brands in the UK, Finland and France. It is committed to sourcing 30% of all agricultural raw materials from regenerative practices and sustainable sources globally by 2030, reaching 100% by 2040.

In the UK, Carlsberg Marston's Brewing Company has committed to 100% regenerative barley for Carlsberg Danish Pilsner by 2027, and for all UK brands by 2031. In Finland, partner farmers are supplying regenerative barley to Sinebrychoff, a Group company, for its annual KOFF Christmas Beer. In France, Kronenbourg SAS has 45 partner farmers supplying traceable 'Responsible Barley', and the 1664 brand has committed to use this for 100% of the barley in its Blonde brews by 2026.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Billionaire Elon Musk announced that his social media platform, formerly known as Twitter, has completed its rebranding as X. In a post on his social media account, Musk said, "All core systems are now on http://X.com." At the bottom of the X login page, a message reads as "We are letting you know that we are changing our URL, but your privacy and data protection settings remain the same." Shares of Reddit Inc. were gaining around 14 percent in the pre-market activity on the New York Stock Exchange after the social media company announced a deal with artificial intelligence or AI startup OpenAI, the developer of highly popular generative AI chatbot ChatGPT. The deal will bring Reddit's content to ChatGPT and its products. OpenAI will also become a Reddit advertising partner. Consumer electronics major Electrolux Group has reannounced its previous recall of Frigidaire and Kenmore electric ranges following multiple reports of fires and injuries. The recall involves about 203,000 units of Frigidaire and Kenmore Smooth-top Freestanding Electric Ranges, which were previously recalled in August 2009.

Comments from the Fed Chair Jerome Powell were in focus this week that also saw the release of latest inflation figures for the U.S. economy. Find out what Powell said and why those remarks underpinned investor sentiment. In Asia, Japan released first quarter GDP figures. Explore how that served to cloud the outlook for Bank of Japan interest rates. In Europe, some key figures for the U.K. labor market were released.

View More Videos
RELATED NEWS
Follow RTT