Lightsource to invest in new solar facilities in the UK. The UK developer that installed a sun-energy collecting project at the roof of Bentley Motors Ltd, Lightsource Renewable Energy Ltd, announced it may invest as much as GBP400 million or US$623 million in 2013 for solar facilities in the United Kingdom.

Loblaw, even with the highly competitive market, announces profit earnings for the year. Loblaw Cos Ltd, the largest food retailer in Canada, has reported a 40% increase in its first quarter profit earnings.

Actavis purchases Valeant's antibiotic vaginal gel worth US$55 million. Actavis, the generic pharmaceutical firm, has purchased the global rights to Valeant Pharmaceuticals International's antibiotic vaginal gel.

In a cash and share combination purchase, NV5 acquires Consilium Partners. NV5 Holdings Inc is in the business of providing of professional and technical engineering and consulting solutions.

Warren Buffett's Berkshire Hathaway would hold its shareholder meeting with a new twist on the festivities.

GDF Suez and Santos may seek partners and/or investors for offshore Bonaparte LNG project. Australia's third largest oil production company, Santos Ltd has announced that the proposed Bonaparte floating LNG venture with GDF Suez SA off the northen coast may require another partner.

Coda Holdings sought bankruptcy protection in Wilmington, DE, with the Coda Electric Car manufacturing unit as among the assets to be sold off.

QIB CEO Bassel Gamal said that the bank would no longer issue any more sukuk bonds until 2014. The Gulf region's largest sharia compliant banking institution in terms of assets, the Qatar Islamic Bank, has said that it is not expecting to issue more Islamic bonds before 2014.

Emma Delta, as required by the Athens government, increases its bid for OPAP, the Greek gambling monopoly.

From the position of Executive Director and CFO, Mark Hews rises to become CEO replacing Michael Tripp.