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  Diageo Nears Deal With Mey Içki

  Diageo is close to buying Turkish spirits company Mey Içki for between $2 billion and $2.5 billion, a deal that would give the U.K. alcohol giant access to a vast distribution network Turkey.

• G-20 Deal Reached

  Negotiators from the world's leading economies haggled all night over seemingly technical details regarding how to measure global economic imbalances. They eventually produced a 53-word sentence intended to appease all sides—and open to interpretation by all sides.

  • Italy Claims G-20 Support on Debt
  • Video: G20 Compromise on Measuring Imbalances
  • G-20 Move Toward Early-Warning System
  • Trichet: Deal Won't Undercut Central Banks
  • German Minister: No Targets on Indicators
  • China Agrees to Scrutiny of Yuan Policy
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  Groupon Gears Up for Chinese Market

  Online deals website Groupon appears to be making preparations to launch operations in China, a move that could shake up the market for group buying.

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  Irish Banks Behind ECB Lending Surge

  An unusual surge in ECB overnight lending last week was connected to Ireland's effort to wind down nationalized lenders Anglo Irish Bank and Irish Nationwide Building Society, a person familiar with the matter said.

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  Sapporo to Expand in North America

  Sapporo Holdings is mapping out strategies that could involve acquisitions or creating a new plant to meet rising demand for premium beer in North America. In Asia, meanwhile, the Japanese company is expanding its beer and soft-drink business.

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  Hyundai Motor Seeks a Discount

  South Korean conglomerate Hyundai Motor Group made a reduced offer of $4.47 billion for a controlling stake in Hyundai Engineering & Construction, an official at one of the seller companies said, bringing the drawn-out sale closer to completion.

• Anglo American's Profit Triples

  Miner Anglo American reported a near tripling in full-year net profit owing to strong performance across all its divisions, particularly in its iron ore, copper and platinum divisions.

  • Commodities Watch

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  Hopu's Ong Plans His Own $2 Billion Fund

  Richard Ong, one of Hopu Investment Management's founding partners, is leaving the China-focused private-equity firm to set up his own $2 billion fund, according to people familiar with the situation.

• Clariant's Süd-Chemie Bid May Be Too High

  Clariant's bid for Germany's Süd-Chemie is a risky bet, and if it doesn't work out, Clariant could become a takeover target.

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  Ryanair to Target Ads on Boarding Passes

  Ryanair is teaming up with a media company to sell targeted ads aimed at passengers booking and checking in online.

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  CME, Deutsche Börse Explored Tie-Up

• Huawei Ends Bid to Win U.S. Approval for 3Leaf Deal

• Banks Try Fees for Once-Free Services

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  As Obama Visits, Intel Touts New Plant

• Feds End Criminal Inquiry on Mozilo

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  For Some, Currency Hedging Is No Gain

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  National Bank of Greece Caps Alpha Bid

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  United Western Sues Regulators Over Its Seizure

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  HCA's IPO Target: Up to $30 a Share

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  Wells Fargo to Refund Veterans

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  Ford to Begin Russian Venture

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  Caterpillar Sales Continue Surge