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The article offers information on H.J. Heinz Co. It states that, the company, which is successfully running its operations in many countries including, Canada, Great Britain, and Australia, is expanding its business into the common market of Europe. It also discusses the growth of the foreign operations of H.J. Heinz Co., that started with a small investment.

Many companies have posted impressive top-line growth over the past two decades in their respective economic regions- for instance, Wal-Mart in North America, BP in Europe,Toyota in Asia, and News Corporation in the Southern Hemisphere. But which were the best at converting all of that revenue growth into shareholder value? Harvard Business Review asked C. Bennett Stewart 111, the senior partner of the consulting firm Stern Stewart & Company, and his colleagues to come up with the answer. For the period 1983 to 2003, they assembled a list of the top 20 high-growth value adders (and laggards) in each of the four regions cited above. Their calculations gave equal weight to companies'revenue growth and market-value-added scores, revealing the important effect of region on the performance of companies in the same industry. For instance, while automakers are positioned high on the Asian list of high-growth value adders, U.S. carmakers CM and Ford--each of which reported revenue growth in excess of $100 billion between 1983 and 2003--are among the value laggards on the North American list, as are DaimlerChrysler and Volkswagen on the European list. The Japanese win through better efficiency, higher quality, and narrower product mixes, the author says. And while there are four telecom companies represented among the European high-growth value adders, there are none on the North American list. That's probably because the European telecoms enjoyed more protective regulation, made fewer high-priced acquisitions, and didn't bet as big on the overblown dot-com economy, the author says. [ABSTRACT FROM AUTHOR]

The article reports on the first covered bond launched in Australia by Australia and New Zealand Banking Group (ANZ) against a difficult market backdrop. ANZ, Citi, Nomura and UBS set the price guidance for the covered boned. A syndicate official on the trade agreed with the inclusion of Nomura as lead manager. Syndicate officials noted the strong bookbuild of the issuance despite the European sovereign crisis.

The article discusses the introduction of the hybrid capital market to the Japanese corporate sector. Bankers hope that the experiences companies in the U.S., Europe and other areas such as Australia have had will give Japanese corporates the confidence to take their first steps into the hybrid market. The advantage to issuers of including the mechanism is that it can make the hybrid more equity-like in the eyes of the rating agencies.

Reports on the deals offered by European investors in Australian mortgage backed securities (MBS). MBS launched by ABN Amro for its non-ban subsidiary, Australian Mortgage Securities Ltd.; Tranches of bonds issued by Australian Mortgage Securities; Securitizations issued by Colonial State Bank in the domestic market.

The article focuses on Japan's trading relations with Alaska as of November 15, 1969. Topics addressed include Alaska exporting its natural resources to Japan and Japanese companies investing in Alaska. Special attention is also paid to Russia, Australia, Europe and Canada conducting business with Japan.

The article reports on the latest developments in the impending issuance by the European Banking Authority (EBA) of a common term sheet on contingent capital instruments as of November 2011. The term sheet will provide guidelines over the hybrid instruments that could be used by banks to comply with the 9% core capital requirement mandated by the EBA starting June 2012. The move by Australian regulators concerning the issue is also cited.

The article reports that domestic investor participation in Australian financial deals has declined due to concerns over a possible second bailout for Greece. It states that sovereign supranational and agency (SSA) Australian dollar supply had suffered from the volatile condition of the financial market caused by the Greek problem. It reports that the European Investment Bank and the Council of Europe Development Bank are the only SSA issuers that braved the market.

The article offers news briefs on the Eurobond market. A 400 million eurobond was issued by Danica Pension via Citigroup, Danske Bank and Union Bank of Switzerland. The National Australia Bank has launched its perpetual non-call 10 year floating rate note led by Deutsche Bank and JP Morgan.