Interbrand IQ: The Best Asian Brands Issue

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In the News: Fosters, Morgan Stanley, PepsiCo + more

Posted by Dale Buss on August 23, 2010 09:00 AM

* SABMiller and Asahi are eyeing Fosters (sending shares higher), but no formal bids have been placed.

* Morgan Stanley is the first Wall Street firm to offer research-on-the-go via Apple's app store.

* PepsiCo tries to rekindle demand for its Pepsi Max low-calorie brand.

* Tesco tests UK's first drive-through supermarket.

* UBS features astronaut Neil Armstrong, starchitect Zaha Hadid and fast cars in new advertising campaign.

* HP is hoping to outbid Dell for 3Par with today's $1.3 billion bid.

* HSBC is in talks for a $6.8 billion majority stake in South Africa's Nedbank.

* FT's Tony Jackson argues that GM is a hedge fund in disguise.

* BHP target Potash is courting offers from China's Sinochem and Brazil's Vale.

* Lionsgate's The Expendables tops the weekend box office again.

* Hyundai and Kia move upscale with new brands and products.

* In a snapshot of the British High Street, researchers find former Woolworth's stores are either empty or discount stores.

* MFI, a British flatpack furniture retailer, is staging a comeback.

* Campbell Soup Co. is weighing a break up of United Biscuits; potential suitors include Kraft, Kellogg and PepsiCo.

* India's Mahindra aims to become a global SUV player.

* China's Hon Hai Precision is branching out from making iPads and others' devices to its own branded gadgets (also vying for happier employees).

* News Corp. is reportedly tapping Viacom digital exec Greg Clayman to run its pending iPad "newspaper."

* Newsweek's new owner Sidney Harmon plans to expand brand beyond the magazine.

* Microsoft's Xbox turns to a robot to help market its new Halo: Reach video game.

* Vodaphone is buying First Mobile, one of its retail partners.

* WikiLeaks faces potential U.S. charges in its exposure of tens of thousands of documents about the war in Afghanistan. 

* New US federal guidelines on “green” marketing could upset existing environmental seal-of-approval programs.

* More than half a billion eggs have been recalled by the US FDA.

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