Grupo Modelo SAB de CV (Grupo Modelo) is a Mexico-based company primarily engaged in the production and sale of beer in Mexico and abroad. It markets trough 13 beer brands such as Corona Extra ...
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Constellation Brands' stock falls as Trump tariff plan threatens to make Modelo and Corona more expensiveThanks to an antitrust settlement between Anheuser-Busch InBev, Grupo Modelo and the Department of Justice in 2013, AB InBev had to sell Modelo's U.S. business to Constellation. That agreement ...
Nvidia shares have lost more than $330 billion in value since their recent closing high on Jan. 6.
Tariffs are paid by US businesses to the government on purchases from abroad and the economic weight can fall on importers, foreign suppliers or consumers.
Tariff shock ahead? This is the trade to make before the weekend headlines hit. Aerial view of the Mexican Grupo Modelo beer factory in Mexico City, taken on January 30, 2025. Donald Trump may slap 25 ...
Grupo Modelo is a large brewery in Mexico, It has 63% of the Mexican beer market, and exports beer to the United Kingdom, United States and Canada (via a joint venture with Molson Coors Brewing ...
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