Business Digest

Even before the euro crisis, people were worried about Europe’s pension bomb.

Jan. 12 (Bloomberg) — Nestle SA Greater China Chairman Roland Decorvet talks about the company’s business strategy in the region. Nestle, the world’s largest foodmaker, will spend 2.5 billion yuan ($396 million) with a local Chinese government and investors to boost output in its biggest China dairy district after tainted milk from competitor China Mengniu [...]

Treasury Secretary Geithner pressing China on their currency moves

Janney Montgomery Scott’s Mark Luschini says European stocks are "exceedingly cheap" right now

Jan. 12 (Bloomberg) — Andrew Balls, head of European portfolio management at Pacific Investment Management Co., talks about Spanish bond and Italian bill auctions. Balls speaks with Sara Eisen on Bloomberg Television’s "InsideTrack." (Source: Bloomberg)

Jan. 12 (Bloomberg) — Daniel Arbess, a partner at Perella Weinberg Partners LP, discusses the outlook for China’s economy, global markets and investment strategy. Arbess, speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

Low wages are drawing the industry to Cambodia and other countries in Southeast Asia

Sberbank and VTB have been designated national champions

China’s auto sales slowed last year, trailing growth in the U.S. for the first time in at least 14 years, after the government ended stimulus measures and as the nation’s economic expansion showed signs of easing.

Tesco and Home Retail emerged as two of the main casualties among U.K. retailers over the holiday season after being outmaneuvered by competitors that offered discounts