Foreign brewers wage push into China's beer market
Shanghai reports show Anheuser-Busch gaining control of Harbin Brewery with a 37.4 percent stake after persuading Chinese management and outbidding SABMiller by about 30 percent. The deal highlights surging foreign interest as China becomes the world’s largest beer market since 2002, with per capita beer consumption much lower than the United States.
MENTIONED IN THIS ARTICLE
Shanghai
China
Zhen Yanting
Lulun’s
New Zealand
Lion Nathan
Zhen
Anheuser-Busch
Sabmiller
Harbin Brewery Group Ltd
Harbin
Harbin Brewery
U.S
Anheuser- Busch
United States
Gas prices seen staying high despite ample storage
Washington AP report says growing demand this summer will keep natural gas prices above current levels. NGSA cites warmer weather, stronger economy, and flat production as main factors. inventories run near five year average and above last year. Prices expected to remain above $6 per thousand cubic feet with July trade around $6.24.
MENTIONED IN THIS ARTICLE
Washington
Natural Gas Supply Association
Joseph Blount
Blount
Energy Department
New York Mercantile Exchange
NGSA
Greenspan signals possible aggressive Fed rate moves
Fed Chairman Alan Greenspan said policy makers likely will raise rates gradually but will not rule out stronger action if needed, signaling the Fed is prepared to move this month. He noted ultralow 1 percent rates may become unnecessary as the economy firms, with FOMC favoring a measured pace unless risks demand faster action.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Alan Greenspan
Greenspan
International Monetary Conference
Federal Open Market Committee
United States
FOMC
London
Stuart Hoffman
PNC Financial Services Group
Wal-Mart Drops Greenwood Supercenter Plan
Wal-Mart announced at a Greenwood City Council meeting that it is dropping plans for a 212000 square foot Supercenter at the nearby site. The retailer will seek another Greenwood location while opponents warned of traffic issues. Wal-Mart aims to open up to 10 new stores in the Indianapolis area in three years.
MENTIONED IN THIS ARTICLE
Greenwood, Ind
Wal-Mart
Indianapolis
Steve Huddleston
Huddleston
Wal- Mart
Greerwood
Train maker Lionel to appeal ruling over misused designs
Lionel LLC said it would appeal a jury verdict that it must pay 40.8 million dollars to Mike's Train House Inc for misappropriating train designs. Mike's Train House, based in Columbia Maryland, alleged Lionel used designs stolen from a South Korean manufacturer hired by the plaintiff.
MENTIONED IN THIS ARTICLE
Chesterfield Township
Mich
Lionel LLC
Lionel
Mike’s Train House Inc
Mike’s Train House
Columbia
Mike's
Train House
Korea Brass Co. Ltd
Yoo Chan Yang
Pier 1 recalls candleholders over fire risk
Pier 1 Imports recalling 48 000 beaded fish tea light candleholders from China after 10 reports of catching fire or melting. No injuries. Sold February 2004 to May 14 2004 for about 10 dollars in red blue or pink. Return for refund or store credit. call 800 245 4595 for details.
MENTIONED IN THIS ARTICLE
Washington
Pier 1
Fort Worth Furniture Importing Company
US Consumer Product Safety Commission
China
Lea Fastow Ordered to Report for One Year Prison
Lea Fastow wife of former Enron finance chief Andrew Fastow must report to federal prison next month to serve a yearlong sentence for aiding her husband in concealing ill gained income. Her lawyers sought a minimum security prison camp for women but Judge David Hittner rejected the request and did not name a specific institution. The Bureau of Prisons will decide the placement.
Also Mentioned on This Page
Tsingtao
Grace Mak
Merrill Lynch
Hong Kong
Mak
Beijing
Stephen Goodman
Jones Day
Wen Wen
Hongfan
Wen
Juan Greenspan
Business News
Mike
Lea
NMOS
Cellular One
Odessa
Music City
42Nd St
W. Loop
Midland Park Mall
N. Midkiff
E. Holland
Andrews
N. Main
Cellular
Big Spring
Gregg
Mogaban
S. Main
Peco
S. Eddy
Stockton
W. Dickinson
Sominok
CellularOne.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!