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Coca-Cola may buy Highland Spirits
London:
Coca-Cola Co. is said to be in talks to buy Britain's No. 2 bottled water brand Highland Spring for 500 million pounds ($992.7 million) according to reports in British newspapers.

UK newspapers 'The Sunday Times' and 'Sunday Telegraph', reported Coke that Coca-Cola Corp, the world's No. 1 beverage company, was in talks with Highland Spring, owned by the Dubai based Tajir family.

Coke's earlier venture into the British water market three years ago did not succeed following reports that its Dasani bottled water was not much more than filtered tap water. The product was hastily withdrawn from British shops.
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Goldman Sachs to increase headcount
New York:
Goldman Sachs Group Inc, the health of which is an indicator of Wall Street's health expects its head count to increase in the high single-digits this year. That's within the range of previous years, a Goldman Sachs spokesman said.

The hiring trends of Wall Street investment banks have come under watch for indications of a slowdown from record-setting profits.

"We are continuing to recruit laterally and at colleges and universities," Goldman Sachs said in a statement. "We expect to grow this year in the high single-digits. However, as with all expenses, we continually monitor hiring to ensure it is both prudent and appropriate," the investment bank said.
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domain-B : Indian business : News Review : 28 May 2007 : international business