Brussels — Anheuser-Busch InBev (AB InBev), the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa.

The maker of Budweiser, Corona and Stella Artois said on Thursday that beer volumes rose 2.1% year on year in the April-June period, a rate unmatched for five years and in keeping with its strategy to focus on the top line...

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