Red Bull plans drinks sales in China: report
VIENNA (Reuters) – Red Bull is planning to launch its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, Austria’s Kronen Zeitung reported.
Barrick laying off 1,500 Pascua-Lama workers in Argentina: government
BUENOS AIRES (Reuters) – Barrick Gold Corp is laying off roughly 1,500 of its approximately 5,000 workers on the Argentine side of its suspended Pascua-Lama gold mine project, a local government spokesman said on Saturday.
Five Total refineries in France stay open despite strike
PARIS (Reuters) – Workers at five oil refineries run by Total in France voted to stay open on Saturday, operating near minimum levels on the second day of a strike over wages.
China widens access to over-the-counter exchanges
SHANGHAI (Reuters) – China will expand and liberalize access to its over-the-counter (OTC) market to all qualified small and medium-sized enterprises (SMEs), the Chinese State Council announced Saturday.
China to remove price, turnover guidelines for IPOs, details investor participation
SHANGHAI (Reuters) – China’s securities regulators issued fresh details on their plans for the resumption of initial public offerings (IPOs) early next year, eliminating pricing and turnover controls for IPOs while detailing how investor participation …
Lockheed aims to deliver all 36 F-35 jets in 2013, sees progress on program
FORT WORTH, Texas (Reuters) – Lockheed Martin Corp still expects to deliver the final seven of 36 F-35 fighter jets to the U.S. government from its Fort Worth, Texas facility, before year-end despite a five-day halt in test flights due to bad weather o…
Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk
SAN FRANCISCO (Reuters) – Qualcomm Inc, the world’s biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp.
Procter & Gamble planning overseas reorganization: report
NEW YORK (Reuters) – Procter & Gamble plans to reorganize its overseas business as part of Chief Executive A.G. Lafley’s plans to cut costs, according to a Bloomberg report that cited three unidentified people briefed on the matter.
U.S. judge approves retail credit card fee settlement
NEW YORK (Reuters) – A U.S. federal judge on Friday approved an estimated $5.7 billion class action settlement between merchants and Visa Inc and MasterCard Inc over credit card fees despite objections from thousands of retailers who complained it was …
Will Fed end 2013 with bang or whimper?
NEW YORK (Reuters) – The Federal Reserve holds the wild card for the U.S. stock market next week.
