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Friday, February 15, 2013

Business Today: Buffett, Brazil's 3G team up for $23 billion Heinz buyout

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02/15/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Buffett, Brazil's 3G team up for $23 billion Heinz buyout
(Reuters) - Warren Buffett and Brazilian financier Jorge Paulo Lemann are teaming up to buy ketchup maker H.J. Heinz Co for $23.2 billion, in what could be the first step of a wave of mergers for the food and beverage industry.
Finmeccanica chairman resigns after arrest in corruption scandal
MILAN (Reuters) - Giuseppe Orsi, the chairman of Italian air defense group Finmeccanica who was arrested this week over his alleged involvement in a corruption scandal, has resigned his position, Orsi's lawyer said on Friday.
Stock futures dip ahead of production, consumer data
NEW YORK (Reuters) - Stock index futures dipped on Friday, continuing a trend this week of thin volume and tight moves, with the S&P 500 seen struggling to extend its streak of weekly gains to seven.
Airbus drops lithium-ion batteries for A350
PARIS (Reuters) - Airbus has dropped lithium-ion batteries of the type that forced the grounding of Boeing's 787 Dreamliner and will use traditional nickel-cadmium batteries in its crucially important next passenger jet, the A350.
The matchmakers behind the AMR-US Airways marriage
NEW YORK (Reuters) - After sitting out the industry's last round of mega-mergers, airline giants AMR Corp , parent of American Airlines, and US Airways Group are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors' committee in bankruptcy.
Peugeot unions agree early exit from French car plant
PARIS (Reuters) - PSA Peugeot Citroen unions agreed to the start of worker transfers from the French carmaker's Aulnay plant, due to close next year, effectively beginning the wind-down of the site ahead of schedule.
U.S. agriculture wary as Monsanto heads to Supreme Court
(Reuters) - A 75-year-old Indiana grain farmer will take on global seed giant Monsanto Co at the U.S. Supreme Court next week in a patent battle that could have ramifications for the biotechnology industry and possibly the future of food production.
De Beers sees glimmer of hope for hard-pressed diamond market
(Reuters) - A more positive outlook in China and India will help boost diamond sales this year, says De Beers, the world's biggest diamond producer, in a further sign the world economy is on a slow path to recovery.
Samsung Techwin, Doosan Heavy mull bids for Italy's AnsaldoEnergia
SEOUL (Reuters) - Two affiliates of South Korean conglomerates Samsung and Doosan said on Friday that they may make bids for AnsaldoEnergia, the power engineering unit of Italy's indebted defense firm, Finmeccanica SpA .
Horsemeat scandal boss says French government too quick to point finger
CASTELNAUDARY, France/PARIS (Reuters) - The president of French meat processor Spanghero promised on Friday to disprove allegations that his firm knowingly sold horsemeat labeled as beef, and accused the government of being too quick to point the finger.
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