The European Union opened a formal antitrust probe into Anheuser-Busch InBev’s practices on the Belgian beer market, citing concerns it may be hindering imports of its beer from less expensive markets in neighboring countries.
Exxon is ramping up its lobbying of other energy companies to support a carbon tax, marking a shift in the oil giant’s approach to climate change as the industry faces growing pressure to address the politically charged issue.
Anheuser-Busch InBev’s roughly $108 billion deal to buy SABMiller PLC has been cleared by regulators in South Africa, with the world’s largest brewer saying it is “well on track” to close the acquisition in the second half of this year.
Current anti-immigration rhetoric blames the foreign-born for job losses and low wages. But evidence for a link between economic circumstances and public acceptance of immigrants is weak, suggesting ways to counter populist opposition, Greg Ip writes.