The worldÔÇÖs second-largest brewer, SABMiller has reported a 9 percent fall in annual profits to $2.96 billion, despite putting up the prices of its beers in response to rising commodity costs, and said it plans to scale back investment. ┬á The company's beer brands include Peroni, Grolsch, Pilsner Urquell and Miller Lite. ┬á London-based SABMiller said it is looking to trim expenses ÔÇ£country by countryÔÇØ as it stops price increases in weaker markets such as South Africa and Colombia.

The worldÔÇÖs second-largest brewer, SABMiller has reported a 9 percent fall in annual profits to $2.96 billion, despite putting up the prices of its beers in response to rising commodity costs, and said it plans to scale back investment. ┬á The company's beer brands include Peroni, Grolsch, Pilsner Urquell and Miller Lite. ┬á London-based SABMiller said it is looking to trim expenses ÔÇ£country by countryÔÇØ as it stops price increases in weaker markets such as South Africa and Colombia.

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Europe's largest energy firm, E.On, has reported an 18 percent increase in quarterly profits thanks to a revenue growth in Italy and Spain, offsetting a recent decline in the UK. ┬á E.OnÔÇÖs net profit of 2.5 billion euros in January to March is up from 2.1 billion euros last year. ┬á The German firm said that the recession had hit UK electricity usage, with sales falling 8 percent compared to the same period last year, but revenue was still boosted by the opening of new power stations in Italy and Spain.

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Banking on oil┬áAbby Badwi of Bankers Petroleum talks to Ruari McCallion about names, exploration and being a Canadian company with the biggest stake in EuropeÔÇÖs largest onshore oilfield. The rapid rise in oil prices during 2007ÔÇô08 brought a lot of marginal fields into play and raised hopes for the profitability of hard-to-extract oil resources.

Getting better everyday┬áWork is well under way on the rebuilding, expansion and refurbishment of Kingston General Hospital, Ruari McCallion learns from Krista Wells. The heart of Kingston General Hospital (KGH) in Kingston, Ontario, has quite a historical legacy. From 1841 to 1884 it was the home of CanadaÔÇÖs original Parliament, when the Province of Canada was created under the Act of Union (1840).