Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.

CIC VP was quoted as saying that CIC's overseas investment portfolio grew in 2012. (Photo : Reuters)The image is CIC Chairman Lou Jiwei. China Investment Corp, the sovereign wealth fund of China, has reportedly said that it had increased its overseas investment returns by 11% in 2012 after reporting a loss back in 2011.

Dillon, the owner of Chateau Haut-Brion acquires nearby Chateau L'Arrosee. (Photo : Reuters)The image is the standard wine tasting done during a wine auction.

ICA, the largest infrastructure firm in Mexico, is set to sell of part of its shareholdings in OMA to raise funds.

Japan's public pension would undergo changes as the government seeks to buy more equities. Japan's public pension fund stated that it will reduce its holding of local bonds and buy more shares.

Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.

US Bankruptcy Court Judge, Christopher Sontchi granted planned acquisition deal without legal challenge between Micron Technologies Inc. and Elpida Memory Inc.

EMC Corp. has followed Apple's measure of leveraging piled of offshore cash by issuing a debt against it.

Marubeni Corp. is in advanced discussions to takeover Gavilon's energy division at US$5.6 billion.

New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.