![With reports that Formula One race organisers are considering scrapping or relocating several Middle Eastern races this year due to heightened security concerns, the events industry is once again confronting the reality of operating in an unpredictable world (Image source: @ Scuderia Ferrari Club https://sfcriga.com/ Scuderia Ferrari Club]])](https://biz-file.com/c/2603/806699-64x64.jpg?1)
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SAB to buy USA Miller beer
Philip Morris is selling its 145-year-old Miller beer brand to South African Breweries for $5-billion to concentrate more on its core brands Marlboro cigarettes and Kraft Foods. Subject to approval by shareholders, the deal will make SAB the world's second largest brewer behind Budweiser's Anheuser-Busch.



