Was this email forwarded to you? Sign up here. (Smart Brevity count: 1,161 words / ~4 minutes.)

Situational awareness:

  • Budweiser Brewing APAC, the Asia-Pacific business of Anheuser-Busch InBev, will not price its Hong Kong IPO of up to $9.8 billion by Friday as planned. (Reuters)
  • Shares of Daimler fell 4.5% after it issued its 4th profit warning in just over a year, blaming higher costs to deal with an expanded recall for faulty airbags and additional funds set aside to address emissions-tampering in diesel cars. (Bloomberg)