After repeatedly criticising China's anti-monopoly regulator for its slowness in approving global M&A, I finally have to congratulate the Chinese Commerce Ministry for improving its record...
Warren Buffett's Berkshire Hathaway and Jorge Paulo Lemann's 3G Capital said Bernardo Hees would become chief executive of HJ Heinz, the ketchup maker being bought by the billionaire investors.
Happy days are here again for equity investors. That's the message from a growing number of folk in the investment business, and they are putting their money where their mouths are.
Former Los Angeles policeman Christopher Dorner, who launched a reign of terror against former colleagues and their families, died from a single gunshot wound to the head, a coroner said.
Buffett's Berkshire Hathaway conglomerate and Lemann's buyout firm 3G Capital, will pay US$72.50 a share, a 20 per cent premium over Wednesday's closing price of US$60.48.