China Favored Most Among Emerging Markets

July 12 (Bloomberg) -- Peter Tchir, founder of hedge-fund adviser TF Market Advisors, talks about U.S. and emerging-market stocks and bonds. Tchir also discusses the outlook for China's economy and Federal Reserve monetary policy. He speaks from New York with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
SABMiller Sold in Principle to AB InBev for $106 Billion
00:56 - Anheuser-Busch InBev NV agreed to buy SABMiller Plc for almost 69 billion pounds ($106 billion) to clinch a record industry deal after several rejections, creating a brewer that will account for a third of all beer sales globally. The Budweiser maker will pay 44 pounds a share in cash for a majority of the shares in its nearest competitor, the companies said in a statement Tuesday, gaining brands such as Peroni and Grolsch and giving it control of about half the industry’s profit.
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