- Carlsberg Says It Will Forgo Major Acquisitions in Focus on Russia, China Carlsberg A/S will pursue Asian expansion and growth in the Russian beer market rather than chasing major acquisitions to catch larger brewing rivals, Chief Executive Officer Jorgen Buhl Rasmussen said.
- Pfizer's Failures Clear Path for Cholesterol Drug Push by Canadian Upstart Resverlogix Corp., without a marketed product, may accomplish what Pfizer Inc., the world’s biggest drugmaker, couldn’t: Creating a new medicine that fights heart disease by raising so-called good cholesterol.
- Verizon Said to Be Aiming to Release Microsoft Phones for Teens by June Verizon Wireless, the largest U.S. wireless carrier, will introduce two phones from Microsoft Corp. in about May or June that are targeted at teenagers, two people with knowledge of the companies’ plans said.
- Portugal Telecom Should Buy Telefonica's Stake in Vivo, Top Investor Says Portugal Telecom SGPS SA’s biggest individual investor said Brazil is “a must” for future growth and that the phone company should try to buy Telefonica SA’s stake in Vivo Participacoes SA.
- State-Controlled RBS, Lloyds Asked to Back Ineos Tax Move to Switzerland Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc, recipients of 66 billion pounds ($99 billion) of taxpayer-funded bailouts, are being asked to endorse plans to move the headquarters of Britain’s biggest closely held company to Switzerland to save on tax.
Bloomberg Daily News 10th March 2010
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