China’s Premier Wen Jiabao asked local authorities to step up measures to control food costs as his government strives to curb inflation, according to a statement posted on the government’s website today.
ChinaVision Media Group Ltd., a Hong Kong-based producer of films and television programs, said it agreed to acquire China Entertainment Media Group Ltd. for HK$2.02 billion ($259 million) in stock.
Master of Business Administration programs the world over should add a new course: Olympus 101. For budding business magnates, it would be a timely exercise into how not to handle a crisis, run a major company or manage the third-biggest economy.
Sugar traders and analysts are the most bearish in almost three months on mounting speculation that supply will outpace demand for the first time in four years, creating a glut that may persist through 2013.
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