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Brewing giant SABMiller has said that profits gained, driven by growth in emerging markets. Pre-tax profit in the six months to September rose 12% to $2.28bn (£1.4bn), the firm said. "We have recently seen moderation of economic growth in some countries," SABMiller said. In terms of earnings before tax and other costs, Europe fell 10% to $516m.
Brewing giant SABMiller has agreed to buy Foster's in a deal that values Australia's largest brewer at 9.9bn Australian dollars ($10.2bn; £6.5bn). Fosters had rejected SAB's previous bid worth A$9.5bn, saying it undervalued the company. However, the Foster's board said it would be recommending the latest offer to its shareholders.
Yahoo has banned its staff from "remote" working. After years of many predicting working from home as the future for everybody, why is it not the norm? When a memo from human resources dropped into the inbox of Yahoo staff banning them from working from home it prompted anger from many of its recipients.
The head of Italy's disaster body, Luciano Maiani, has stepped down after seven colleagues were sentenced for their roles before the L'Aquila quake. Six scientists and an ex-government official were convicted of multiple manslaughter for giving a falsely reassuring statement. The 6.3 magnitude quake killed 309 people and left the city in ruins.
Fast-food giant KFC has been ordered to pay $8.3m (£5.1m) to the family of an Australian girl left severely brain damaged after being poisoned by a chicken meal. Monika Samaan fell ill with salmonella poisoning after eating a "Twister" wrap at a KFC restaurant near Sydney in 2005. KFC had denied it was the food that caused the problem
Facebook has set the share price for its upcoming initial public offering (IPO) at between $28 and $35 per share, valuing the company at between $85bn and $95bn. The pricing would enable Facebook to raise as much as $11.8bn (£7.3bn) through its stock market listing.