By Agency Reporter Tuesday, 22 Feb 2011 LONDON: Diageo Plc, the world’s biggest spirits maker, on Monday agreed to buy the Turkish spirits group Mey Icki, for £1.3bn ($2.1bn) to give it access to this fast-growing emerging market, Reuters reported on Monday. The London-based maker of Johnnie Walker whisky and […]

By Agency Reporter Tuesday, 22 Feb 2011 GENEVA: A banker working for a Credit Suisse affiliate has been arrested in the United States as part of an inquiry into suspected tax evasion by American clients, a Swiss newspaper reported Sunday, AFP reported on Sunday. The bank manager for Credit Suisse […]

By Agency Reporter Tuesday, 22 Feb 2011 HONG KONG: Oil prices jumped by over a dollar and Asian shares mostly eased on Monday as spreading tensions in Libya and other oil-producing regions encouraged some mild profit taking after last week’s solid gains. Reuters reported on Monday that further increases in […]