Earnings improve at Molson Coors

Molson Coors Brewing reported a higher quarterly profit yesterday, largely because of the acquisition of the company’s Central Europe operations in June 2012. Coors, the maker of Coors Light and Blue Moon beers, said second-quarter net income rose to $278.4m (£181m), up from $105.1m a year earlier. Net sales rose to $1.18bn.