Diageo Plc, the world’s biggest distiller, is targeting wealthy Chinese businessmen to boost sales at its local white-liquor unit as an austerity drive by President Xi Jinping dries up government orders.
In the first official trip by a French president to California in 30 years, Francois Hollande sought to convince San Francisco-area companies that he’s making France a better country to invest and pay taxes in.
Carlyle Group LP, the second-biggest manager of alternatives to stocks and bonds, expects to have raised about $900 million for its first international energy fund by the end of this week, a person briefed on the matter said.
Spanish soccer champion Barcelona said it paid 40 million euros ($55 million) to a company owned by Brazilian playmaker Neymar’s parents as it comes under pressure to give more details about one of last year’s biggest soccer trades.
Valassis Communications Inc., the marketing company that distributes coupon packets and “Have You Seen Me?” missing-children notices, will be acquired by Harland Clarke Holdings Corp. in a deal valued at about $1.84 billion.
Bryan Cave LLP named Washington partner Therese D. Pritchard as the next chairwoman, giving the firm its first woman head in its 140-year history and the first firm leader to come from an office outside St. Louis.
Iraq cut the premium it will charge buyers in Asia for its main Basrah Light oil grade next month and raised differentials to the U.S. and Europe for Basrah Light and Kirkuk crudes. Iran releases its prices this week.