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Beer giants allowed to advertise in Russia

  • Russia will allow beer advertising until after the 2018 World Cup, reports Reuters.
  • The development is significant for Anheuser-Busch InBev (BUD +0.5%), Heineken (HINKY), Carlsberg (CABGY), and SABMiller (SBMRY) which have seen beer sales decline in the nation due in part to marketing restrictions.
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