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Asahi Super Dry beer

Japan's Asahi To Buy Calpis For $1.5 Billion

Asahi Group Holdings (Tokyo: 2502), the Japanese beer company, said Tuesday it would buy milk producer Calpis for 120 billion yen ($1.5 billion) in its largest acquisition to date as it seeks more revenue outside of beer sales.
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Russia

Russia's Putin Orders Investment, Labor Shake-Up

Vladimir Putin ordered Russia's government to boost investment and shake up state-run industries in a flurry of decrees issued after he returned to the presidency on Monday with a call for a new economy.
Carl C. Icahn

Icahn Sells LightSquared Debt, Creditors Extend Talks

Billionaire investor Carl Icahn has sold his $250 million debt holdings in Philip Falcone's telecom start-up LightSquared MOSAV.UL, while Falcone continues to negotiate with creditors to avoid a debt default, according to sources familiar with the matter.
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Chinese Cities Major Contributors To Carbon Footprint: World Bank

China must follow a low-carbon growth path to reduce carbon emissions, which are believed to be highest among several cities in the country, the World Bank said on Thursday.Shanghai, Beijin and Tianjin are amongst the cities accounting for around 70 percent of the world's greenhouse gas emissions which is set to increase as china's population climbs to another 350 million in the next couple of decades, the international financial group said in a report.
Carlyle Group co-founder and Managing Director David Rubenstein

Carlyle Group IPO Appears To Be A Disappointment

The initial public offering of private equity firm The Carlyle Group LP (Nasdaq: CG) opened slightly below the IPO price of $22 on Thursday before climbing as high as $22.39. Shortly before the closing bell, shares were trading at $22.02.
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Computer Security: IBM Finds Too Many Companies Not Prepared

Despite publicity about hackers, intrusions into company databases and even the insertion of computer viruses into Iran?s nuclear program, most companies simply aren?t prepared to handle them, a new study from International Business Machines Corp. (NYSE: IBM) determined.

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